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sweet-ann [11.9K]
3 years ago
15

An amount of $18,000 is borrowed for 10 years at 8.25% interest, compounded annually. If the loan is paid in full at the end of

that period, how much must be paid back?
Use the calculator provided and round your answer to the nearest dollar.
Mathematics
1 answer:
cricket20 [7]3 years ago
6 0
218 dollars will have to be paid back
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$290, 12.5%, 6 months
Veronika [31]
The information shown here only shows a principal sum, a rate of interest and a period or time. There is no question as to what is needed. But suppose the need is for simple interest, then we calculate using the given information and the formula: I = PRT where I is simple interest, P is the principal, R is the rate per year, and T is time P = 290, T is 6 months which is 0.5 years, R = 12.5 % which is written as 0.125 in decimal fraction. I = 290 × 0.125 x 0.5 → I = 18.125 Therefore after 6 months , the interest earned will be 18. 125 dollars
3 0
3 years ago
joe spends $8 on lunch and $6.50 on dry cleaning. He also buys 2 shiets that cost the same amount. joe spendes a total of $52. w
ANEK [815]
X=amout the shirts cost
52=8+6.50+2x
add 8 and 6.5
52=14.5+2x
subtract 14.5 from 52
37.5=2x
divide 37.5 by 2
x=18.75
It cost $18.75 for each shirt.
4 0
2 years ago
PLEASE ANSWER ASAP! REALLY IMPORTANT! MUST BE CORRECT! POINTS GIVEN!
VMariaS [17]
 - 5/12  +  ( - 1/4) = 

Adding two negatives results in a negative

-1/4 = -3/12

-3/12 + -5/12  =  -8/12

-8/12 + 3/12    < Subtract and take the sign of the BIGGER number.

8 - 3 = 5

- 5/12

Answer:  - 5/12
8 0
2 years ago
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Hereeeeeee helllllllpp lol
Ivenika [448]
It should be 0 because the only factor changing is the x value
7 0
2 years ago
73 times ? equals 0​
ad-work [718]

Answer:

0

Step-by-step explanation:

73x=0

Let's allow ?=x because we need an unknown number.

x=0/73=0

x=0

7 0
3 years ago
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