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erma4kov [3.2K]
2 years ago
5

Help please. Which point is shown in the graph

Mathematics
2 answers:
max2010maxim [7]2 years ago
7 0
A. (-3,0)  thats the answer i have
Mekhanik [1.2K]2 years ago
7 0
The answer is A because it’s on the line
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Read 2 more answers
On May 17th Jane took out a loan for $33,000 at 6% to open her law practice office the loan will mature the following year on Ja
frosja888 [35]

Answer:

$ 31050

Step-by-step explanation:

<em>Step 1 : Write the formula for calculating simple interest.</em>

Simple Interest = <u>P x R x T </u>

                                100

P: Principal Amount-The loan taken (30,000)

R: Interest rate at which the loan is give (6)

T: Time period of the loan in years-there are 12 months in 1 year. There are 7 months from May till June (7/12)

<em>Step 2: Substitute values in the formula</em>

Simple Interest = <u>30,000 x 6 x 7/12</u>

                                       100

Simple Interest = $1050

<em>Step 3: Calculate the amount due at maturity</em>

At the maturity or the end of the time period given, the original or principal amount of the loan has to be repaid along with the simple interest.

Amount at maturity = Principal Amount + Simple Interet

Amount at maturity = 30,000 + 1050

Amount at maturity = $31050

!!

4 0
3 years ago
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