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Amiraneli [1.4K]
4 years ago
15

Which statement is true?

Mathematics
1 answer:
Sav [38]4 years ago
4 0
2 is true
..........................................
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The principal P is borrowed at a simple interest rate r for a period of time t. Find the​ loan's future value​ A, or the total a
Julli [10]

The​ loan's future value​ A, or the total amount due at time t is $1105.

Given, P = ​$1000​, r = 3.5​%, t = 3 months.

We need to find the loan's future value A.

<h3>What is Simple interest?</h3>

Simple interest is computed on the principal amount of a loan or the first deposit in a savings account. Simple interest does not compound, therefore an account holder will only get interest on the principal, and a borrower will never have to pay interest on previously collected interest.

We know that, Simple Interest=\frac{P\times\ T \times\ R }{100}

Now, Simple Interest=\frac{1000\times3\times3.5}{100\times12}

=\frac{10,500}{100} =105

As we know, Amount=Principal+Simple Interest

=1000+105=1105

Hence, the​ loan's future value​ A, or the total amount due at time t is $1105.

To know more about simple interests visit:

brainly.com/question/25663053?referrer=searchResults

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6 0
2 years ago
One fourth of a number plus 3 gives 4. The number is:
Triss [41]
The number would be 4
5 0
3 years ago
Read 2 more answers
Someone help and please make sure it’s right?
Gala2k [10]

Answer:

I think it is 8.8 yards because its not bigger than 10 and not smaller than 6

5 0
3 years ago
PLZ HELP I NEED THIS IN 5 MINS <br><br><br><br>(23+3x)+(8x–41)=15
swat32

Hello from MrBillDoesMath!


Answer:

x = 3

Discussion:

( 23 + 3x)  + (8x-41) = 15        =>


23 - 41 + 3x + 8x = 15 =>

-18 + 11x = 15 =>

11x  = 15 + 18 = 33 =>


x = 33/11 = 3


Thank you,

MrB

7 0
3 years ago
Read 2 more answers
Dan has twice as many stickers as cam does. If Dan gives cam 15 of his stickers he will have 22 more than cam. How many stickers
oksano4ka [1.4K]

Answer:

Initially:

Cam has X stickers.

Dan has 2x.

Dan gives Cam 15 stickers:

Cam has x + 15 stickers.

Dan has 2x - 15 stickers.

2x - 15 = (x + 15) + 22.

X = 52 stickers.

x + 15 = 52 + 15 = 67 stickers.

2x - 15 = 2*52 - 15 = 89 stickers.

Step-by-step explanation:

4 0
3 years ago
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