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
xeze [42]
3 years ago
7

Sammy plans on a discounted loan with an advertised interest rate of 9%. Sammy will pay $153 in interest on the $1700 loan. How

much will Sammy receive at the start of this loan?
Mathematics
1 answer:
uranmaximum [27]3 years ago
5 0

Answer:

<u>Sammy will receive US$ 1.547 at the start of this loan</u>

Step-by-step explanation:

1. Let's review the data given to us for solving the question:

Advertised interest rate = 9%

Amount of interests Sammy will pay = US$ 153

Amount of the loan Sammy plans to take = US$ 1,700

2. How much will Sammy receive at the start of this loan?

Net amount Sammy will receive at the start of this loan = Amount of the loan Sammy plans to take - Amount of interests Sammy will pay

Net amount Sammy will receive at the start of this loan = 1,700 - 153

Net amount Sammy will receive at the start of this loan = 1,547

<u>Sammy will receive US$ 1.547 at the start of this loan</u>

Amount of interests Sammy will pay = Loan * Advertised interest rate

Amount of interests Sammy will pay = 1,700 * 9%

Amount of interests Sammy will pay = US$ 153

You might be interested in
The game of Connex contains one 4-unit piece, two identical 3-unit pieces, three identical 2-unit pieces and four identical 1-un
Aleks [24]

Answer: 277 ways

Step-by-step explanation:

Let’s start bycreating 10-unit pieces using the 4-unit piece.

The arrangements are:

1). 4-3-3 (3 permutations)

2). 4-3-2-1 = 4! = 24 permutations.

3). 4-3-1-1-1 (5*[4!/(3!1!)]

= 5*4

= 20permutations

4). 4-2-2-2 (4 permutations)

5). 4-2-2-1-1 (5 *[4!/(2!2!)]

= 5*6

= 30 permutations

6). 4-2-1-1-1-1(6*[5!/(4!1!)]

= 6*5

= 30 permutations

Let’s-consider the arrangements using one or more3-unit pieces and no 4-unit piece:

7). 3-3-2-2 (4!/(2!2!)

8). 3-3-2-1-1 (5*(4!/(2!2!)

= 5*6

= 30 permutations.

9). 3-3-1-1-1-1 (6!/(4!2!) = 0

10). 3-2-2-2-1 (5*4!/(3!1!)

= 5*4

= 20permutations

11). 3-2-2-1-1-1 (6*5!/(3!2!)

= 6*10

= 60 permutations

Finally we would look at the arrangements using only 1-and 2-unit pieces:

12). 2-2-2-1-1-1-1 (7!/(4!3!)

= 35 permutations

add them all up:

(3 + 24 + 20 + 4) + (30 + 30 + 6 + 30) + (15 + 20 + 60 + 35)

=51 + 96 + 130

= 277ways

5 0
2 years ago
A tree casts a shadow that is 8 feet long, a 3 foot mailbox cast a shadow that is 5 feet long. how tall is the tree?
madam [21]
Set up two fractions:
8/x and 3/5
Set them equal to each other and cross multiply to get:
8*5 = 3x
40 = 3x
13.3 = x or 13 and 1/3 feet tall. 
7 0
3 years ago
Type the correct answer in the box. Use numerals instead of words. If necessary, use / for the fraction bar.
KengaRu [80]

Answer:

Using the ratio and proportion method, we find that on an average 1.875 rooms can be painted per gallon.

Step-by-step explanation:

Concept: Use the method of ratio and proportion. Given that for 2/5 gallons of paint, we can paint 3/4 of rooms. So, for one gallon of paint, divide 2/5 by 3/4.

2/5 gallons of paint = 3/4 rooms

1 gallon of paint = \frac{\frac{3}{4} }{\frac{2}{5} } = \frac{15}{8} =1.875 rooms

So, on an average they can paint 1.875 rooms per gallon.

For more explanation, refer the following link

brainly.com/question/11243787

#SPJ10

8 0
2 years ago
If Marcus has 103 bars of candy and he ate 20 and gave 20 to his mom and 25 to his sister and 10 to his dad, how may does he hav
Ivan

Answer:28

Step-by-step explanation:103-20-20-25-10,will be equaled to (28)

4 0
3 years ago
There is 1/3 of a carrot in every container of salad.
snow_tiger [21]

Answer:

1/6

Step-by-step explanation:

should be the answer if I'm not mistaken

6 0
2 years ago
Other questions:
  • A book is 0.33 meters long. How many millimeters long is it?
    14·1 answer
  • Find the area of the trapazoid for me please :)
    5·1 answer
  • Find the slope and y-intercept of 2x - 9y equals 8
    8·1 answer
  • Nancy thinks the answer to the question 1/4 divided by -2/3 is 3/8 is next correct explain why or why not be sure to use complet
    10·1 answer
  • Mark an his brothwr signed up fo the catch up phone plan. They share th minutes every month equally. How many minutes can mark u
    14·1 answer
  • The length of a rectangle exceeds its breadth by 7cm. if the length is decreased by 4cm and the breadth is increased by 3cm, the
    14·1 answer
  • A soccer league has 190 players. of those players 50% are boys. how many boys are in the soccer league?
    10·2 answers
  • 7.EE.3
    10·2 answers
  • HELP OFFERING 50 points!!
    10·1 answer
  • 4x - x, for x=2 WHATS THE ANSWER
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!