9514 1404 393
Answer:
$2038.85
Step-by-step explanation:
The value of the loan at that point is given by ...
A = P(1 +rt) . . . . . Principal P, rate r, time t (years)
A = $1850(1 + 0.1225·(10/12)) = $2038.85
Ricardo will have paid back $2038.85 at the end of the loan period.
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<em>Additional comment</em>
We assume that the loan accrues simple interest and that the amount due is the sum of principal and interest at the end of the loan period.
The question is not specific as to whether interest compounds, or whether intermediate (monthly) payments are made. There are many possible ways the loan could be repaid, generally involving different amounts for the different terms.
Think of it this way. Ignore for now that $100 was stolen.
The purchase of the $70 item for $100 cash with $30 change is a perfectly fair purchase. The store received $100 cash, and the store gave $70 worth of merchandise plus $30 cash.There was no loss to the store there.
The fact that $100 in cash was stolen earlier from cash register means the loss is $100. The legitimate transaction does not affect the loss.
If you have a hard time understanding the loss is $100, then think of it this way.
Reverse the order of the two happenings.
A person walked into a store and bought a $70 item with a $100 bill. He received $30 change. So far, there is no loss to the store. Everything is legit.
That customer later came back to the store and stole $100 from the cash register.
Here we see clearly that the loss is exactly $100. It is simply the $100 stolen from the cash register.
Answer:90%
Step-by-step explanation: we know this because the total about of questions on the test is 20 and for the score to add up to 100% each question has to be worth 5% so we can just do 5 x 18 to get 90%. or (5 x 2) - 100 to also get 90%
Answer:
432 cards and 72 stickers
Explanation:
1 pack=12 cards + 2 stickers
So if we want 36 packs..
36 packs=433 cards + 72 stickers
We times everything by 36!
