Answer: the interest owed is $21
Step-by-step explanation:
The question is incomplete. The complete question is:
Sari Tagore obtains a $1000 loan to purchase a laser printer. Her interest rate is 7% ordinary interest for 108 days. What is the interest owed?
Solution:
When calculating ordinary interest, we assume that a year has 360 days. We would apply the formula for determining simple interest which is expressed as
I = PRT/100
Where
I represents interest paid on the loan
P represents principal or amount borrowed.
R represents interest rate
T represents duration in years
From the information given,
P = 1000
R = 7%
T = 108 days. Converting to years, it becomes 108/360
Therefore
I = (1000 × 7 × 108/360)/100
I = $21
Answer: The line has a slope of 1
Step-by-step explanation:
Look at the attachment
Answer:
The area lies to the right of the z-score 0.48 means all the values greater than it. This can be calculated on a graphing calculator using the function normCdf, where
- Lower bound = 0.48
- Upper bound = 9999
- Mean = 0
- Standard deviation = 1
<u>The result would be normCdf(0.48,9999,0,1) ≈ </u><u>0.315614</u>
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The area lies to the left of the z-score 0.79 means all the values less than it. This can be calculated on a graphing calculator using the function normCdf, where
- Lower bound = -9999
- Upper bound = 0.79
- Mean = 0
- Standard deviation = 1
<u>The result would be normCdf(-9999,0.79,0,1) ≈</u><u> 0.785236</u>
Answer:
93 in.
Step-by-step explanation:
triangle- 6*6 = 36 /2= 18
rectangle- 5*15= 75
18+75=93
