Answer:
<u>The correct answer is C. It is the original amount of money the bank loans the borrower.</u>
Step-by-step explanation:
Let's recall that are five basic elements for calculating the payment of a loan:
1. The principal. How much money you borrow.
2. The interest rate. How much money you will pay in addition to the principal.
3. The period of time. How long will it takes you to pay the loan.
4. The frequency of payment. Will you pay every month?, every quarter?, every year or maybe every two weeks?
5. Additional payments. When you have additional income seasonally and you want to lower either the period of time or the interests to pay.
Its $800 because to find interest u can use the formula I=PRT p is principal which is 500 times r which is rate-15/100(=15%) times 4
so the interest is 500×15/100×4=300
then u add 300 to 500 because the interest adds more money to the loan
Answer:
x = 4
Step-by-step explanation:
3 + x = 7 ( isolate x by subtracting 3 from both sides )
x = 7 - 3 = 4
Answer:
A. 1
General Formulas and Concepts:
<u>Pre-Algebra</u>
Order of Operations: BPEMDAS
- Brackets
- Parenthesis
- Exponents
- Multiplication
- Division
- Addition
- Subtraction
Equality Properties
Step-by-step explanation:
<u>Step 1: Define</u>
-5x - 1 ≤ -9
<u>Step 2: Solve for </u><em><u>x</u></em>
- Add 1 to both sides: -5x ≤ -8
- Divide -5 on both sides: x ≥ 8/5
Here we see that any value <em>x</em> greater than or equal to 1.6 would work as a solution.
Therefore, our answer is A. 1, as it doesn't work as a solution.
Answers: A) $44,944
B) $50,499.0784
Math: Using the percentage calculator linked below 6% of $40,000 is $2,400. Since you're getting your second raise after your first and since it is a 6% raise from what you're getting paid at that time we add pay raise 1 to your starting pay before calculating the 6% for pay raise 2. $40,000+$2,400=$42,400. 6% of $42,400 is $2,544. $42,400+$2,544=$44,944, Since that is two pay raises that would be your earnings at the end of year two (answer A).
We continue calculating 6% then adding that onto the total before calculating it for the next year for problem B.
6% of $44,944 is $2,696.64. $44,944+$2,696.64=$47,640.64.
6% of $47,640.64 is $2,858.4384. $47,640.64+$2,858.4384=$50,499.0784. That's answer B.
Hopefully you can figure out C on your own! I feel a little bad for giving a partial answer but I think you can do this!
Percentage calculator used-https://percentagecalculator.net/
Note: can't handle commas, remove all commas before entering data in.
