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
kirill [66]
3 years ago
9

What is the difference between the exact simple interest and the ordinary simple interest on a 200-day loan of 5,000 at 12%

Mathematics
1 answer:
77julia77 [94]3 years ago
6 0

Answer:

  4.56

Step-by-step explanation:

"Ordinary" interest will be more than "exact" interest because the number of days in a year is a smaller value. The difference will be ...

  Io = Prt = 5000(0.12)(200/360) = 333.33

  Ie = Prt = 5000(0.12)(200/365) = 328.77

The difference is ...

  333.33 -328.77 = 4.56 . . . the difference in interest values

_____

<em>Additional comment</em>

The question asks for the difference between exact and ordinary interest, so the result is technically negative:

  328.77 -333.33 = -4.56

You might be interested in
What are the first 3 common multiples of 6 and 9
ehidna [41]
18,36, and 54. These are the common multiple of 6 and 9
3 0
2 years ago
Callan knows that the area of a square piece of artwork he owns is 289 square inches. Which shows the correct step he should tak
Lelu [443]
D

Mark brainliest please
3 0
2 years ago
Read 2 more answers
The width of the statue of libertys head from ear to ear is 10 ft. The height of the statues head from chin to cranium is 17 ft
Marat540 [252]
It is taller by 7 ft and 3 inches

You can first convert both values to inches and then subtract. Finally convert them back to ft and inches
3 0
3 years ago
The systematic repayment of a loan through a set number of payments at a
Romashka-Z-Leto [24]

Answer:

D

Step-by-step explanation:

Amortization is the systematic repayment or writing off a loan through a number of payments at a specific interest rate.

6 0
3 years ago
if angle 1 and angle 2 are vertical angles, angle 2 and angle 3 are complementary angles and the measure of angle 3 is 56 degree
dimulka [17.4K]

Answer:

34º

Step-by-step explanation: so basically you know a complementary angle is 2 angles that make a straight line and a vertical angle crosses which means 2 angles are congruent to each other so I drew a line that bisected the angle by drawing a line that cut through the right angle and i extended a line down from the right angle so now I have a vertical angle and a complementary so from here I labeled each angle <1 <2 <3  If I know angle 3 is 56º then I know 56 plus __ equals 90º I then subtracted 56 from 90 and I got 34 and since I am trying to figure out what angle 1 is I know that angle 1 and 2 are vertical angles therefore I know they are congruent to each other so <1 = 34º

6 0
3 years ago
Other questions:
  • Sierra left $4.50 as a tip for a waiter. This was 18% of the bill before the tip. How much was her total bill before the tip?
    10·2 answers
  • ABCD is a plane quadrilateral and E is any point on AD. EF is drawn parallel to DB to meet AB in F, and EG is drawn parallel to
    11·1 answer
  • (-5, -3) and (-5 -6)
    13·2 answers
  • Evaluate j/4 when j=12
    10·1 answer
  • HELP ME PLEASE!!!!!!!!!!
    14·1 answer
  • At the movie theater, child admission is $5.20 and adult admission is $8.50. On Wednesday, 124 tickets were sold for a total sal
    7·1 answer
  • Use the graph of the sine function y = 2 sin θ shown below.
    11·1 answer
  • Answer:<br> CHeese<br> Explanation:<br> tasty
    8·1 answer
  • Look at this graph:
    9·1 answer
  • HELP!! giving braniliest!!
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!