1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Radda [10]
4 years ago
10

Find the simple interest.

Mathematics
1 answer:
Mademuasel [1]4 years ago
8 0
We need to compute the exact number of days of the loan.

Given:
Loan: 1,870
rate: 11%
term: Oct. 5 to Jan 16.

Oct 5-Oct 31: 26 days
Nov: 30 days
Dec: 31 days
Jan 16: 16 days.
total number of days: 103 days.

Interest = Principal * rate * term
Interest = 1870 * 0.11 * 103/365
Interest = 58.05

Given:
Promissory note $5,380
rate 6.2%
term: July 15 to Dec. 28

July 15 - 31 = 16 days
August: 31 days
September: 30 days
October: 31 days:
November: 30 days
December: 28 days
Total number of days is 166 days

Interest = Principal * rate * term
Interest = 5,380 * 0.062 * 166/365
Interest = 151.70
You might be interested in
In Andrew’s Furniture Shop, he assembles both bookcases and TV stands. Each type of furniture takes him about the same time to a
bixtya [17]

Answer:

6 bookcases, 12 TV stands.

Step-by-step explanation:

We can model this using a system of equations. Let b represent how many bookcases he makes, and t how many TV stands he makes. He can make at most 18 pieces, so let's say that b+t <=18. The cost of the bookcases are 20, and the TV stands are 40, so 20b+40t gives us our total cost. We have 600 to spend, so 20b+40t <=600. We want to maximize the equation for profit, which is 60b+100t=P. We have three values we care about, where our inequalities intersect, if we have only TVs, and if we only have bookcases.  But, if b=0 and t=18, then our cost is 720, which is too big. So if we only have tv stands, then we can have at most 15 (40*15=600). So our three cases are: (b=0, t=15), (t=0, b=18), and the intersection, which is where the inequalities are equal. To solve that, b=18-t, 20(18-t)+40t=600, 360-20t+40t=600, 360+20t=600, 20t=240, t=12. b=18-t, b=18-12, b=6. So our final case is (b=6, t=12). Now simply plug those three cases into our equation to maximize, 60*0+15*100=1500. 18*60+0*100=1080. 6*60+12*100=1560. So, our third case yields us the highest profit, and Andrew should make 6 bookcases and 12 TV stands.

5 0
3 years ago
What is the area of the shaded sector?
gavmur [86]
The area of the shaded sector is one-fourth of the area of the whole circle so:
area = r^2 \pi  \\ area = 6^2 \pi  \\ area = 36 \pi
area of shaded region=  \frac{36 \pi }{4} \\ area = 9
The area of the shaded region is 9pi units^2
6 0
3 years ago
Read 2 more answers
I need help with it problem
Zepler [3.9K]

Answer:

I think 4y M 8x L 8x K 8y J??

Step-by-step explanation:

I'm not sure but I am going to learn this so I can become better at it.

3 0
3 years ago
What is the solution to the compound inequality 5x + 7 &gt; −8 and 3x + 7 ≤ 19?
Cerrena [4.2K]
Solve each

5x+7>-8
minus 7 both sides
5x>-15
divide by 5
x>-3

3x+7≤19
minus 7 both sides
3x≤12
divide by 3
x≤4


so we got
x>-3 AND x≤4
and means that the solution set must satisfy both at once
so x is bigger than -3 and less than or equal to 4
so between -3 and 4 including 4
-3<x≤4

last one
3 0
3 years ago
Look at the linear equation below.
RoseWind [281]
(-5,1) hope this helps you
7 0
3 years ago
Other questions:
  • Hey can you please help me posted picture of question
    10·2 answers
  • A bag contains 4 white beads, 6 red beads, 5 yellow beads, and 5 blue beads. One bead is selected, kept, and another bead is sel
    7·1 answer
  • NEED HELP ASAP PLEASE!!!!!! WILL GIVE ALL POINTS AND BRAINLYEST
    6·1 answer
  • Using π = 3.14, find the area of a circle with a radius of 9. Round your answer to the nearest hundredth.
    14·2 answers
  • What is the solve for s<br><br> -12 = 8 + 4s
    8·1 answer
  • Change the recurring decimal into fraction, 3.256<br>​
    9·1 answer
  • Tim needs help writing 26.013 in expanded form using powers of ten. Write the number in each box that will correctly complete th
    14·1 answer
  • Please help I don’t understand
    5·2 answers
  • HURRY PLEASE!!!!!!!!!!!!
    15·2 answers
  • Factor Completely: 10x + 15
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!