Miguel Rodriguez borrowed $200 from his brother Julio to pay for books and tuition. He agreed to pay Julio in 6 months with sim
2 answers:
Answer:
simple interest is $6.8
Miguel pay amount to Julio at the end of 6 months $206.8
Step-by-step explanation:
Given : Miguel Rodriguez borrowed $200 from his brother Julio to pay for books and tuition. He agreed to pay Julio in 6 months with simple annual interest at 6.8%.
To Find : a) How much will the interest amount to?
b) What amount must Miguel pay Julio at the end of 6 months?
Solution :
Formula for simple interest :
Where rate is in decimal
Time is in years
So, rate of interest = 6.8 % = 0.068
Time = 6 months =
Principal = $200
Thus
Now To calculate amount must Miguel pay Julio at the end of 6 months
Amount = principal +Simple interest
Amount = 200+6.8 =206.8
Hence the simple interest is $6.8
And Miguel pay amount to Julio at the end of 6 months $206.8
You might be interested in
Explanation:
There are numerous videos and web sites that can show you the process of copying an angle. Some are animated. The best we can do here is show you a diagram with instructions. Of course, your curriculum materials already provide that.
__
1. Set the compass to a convenient radius. Use that to draw an arc through rays ED and EF, using point E as the center.
2. Without changing the compass setting, draw a similar arc using S as the center, making sure it crosses the line containing S and extends far enough to accommodate the following steps. (In the attached, we show a full circle, because the tool we used won't draw an arc with a specific radius.)
3. Mark the points where the arc crosses ED as G, and where it crosses EF as H. Mark the point where the arc crosses the line containing S as I.
4. Set the compass radius to the distance GH. Using I as the center draw an arc with that radius so that it crosses the one made in step 2. Call that intersection point J. (Again, we have shown a circle because of the limitations of the tool being used for our diagram.)
5. Draw ray SJ to complete the angle copy.
