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
Bogdan [553]
3 years ago
8

Henry took out a 4 year loan for 5,000 and payed 4.2% simple annual interest. Ingrid took out a 6 year loan for 5,000 and payed

3.9% simple annual interest. What is the difference between the mounts of interest Henry and Ingrid payed for their Loans
Mathematics
1 answer:
NeX [460]3 years ago
5 0

Answer:

Ingrid pays 330 more than Henry.

                     OR

Henry pays 330 less than Ingrid.

Step-by-step explanation:

SI = Simple Interest

P = Principal

R = Rate

T = TIme

Henry

=> SI = P x R x T / 100

=> SI = 5,000 x 4 x 4.2 /100

=> SI = 50 x 4 x 4.2

=> SI = 200 x 4.2

=> SI = 840

Ingrid

=> SI = P x R x T / 100

=> SI = 5,000 x 6 x 3.9 / 100

=> SI = 50 x 6 x 3.9

=> SI = 300 x 3.9

=> SI = 1170

1170 - 840

=> 330

Ingrid pays 330 more than Henry.

                      OR

840 - 1170

=> -330

Henry pays 330 less than Ingrid.

You might be interested in
Which logarithmic equation is equivalent to the exponential equation below? E^a=60
Gala2k [10]

Answer:

B

Step-by-step explanation:

e is the base of the natural log system.

take the natural log of both sides.

ln(e^a) = ln(60)                      The power can come down

a ln(e) = ln(60)                       The natural log of e = 1

a * 1 = ln (60)

a = ln(60)  

8 0
3 years ago
Base: 11 m, area: 1115.5 m2
Marina86 [1]

101.4

1115.5 \div 11 = 101.4

8 0
3 years ago
Tom walks 2.12 km to the park he then walks a further 670 to the shop how many km has Tom walked in total
Mkey [24]

Answer:

672.12

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
The figures are congruent name the corresponding and angle and sides
Tju [1.3M]
Just match the angles and sides. Rotate the shape on your head.

If you are smart enough to use a smart phone then trust me this is peanuts for YOU !

A=L
B=M
C=J
D=K

You can continue the sides...sorry I just can’t do more...you can check with me in the comments if you’re not sure.
6 0
3 years ago
Sharon bought 100/300/100 policy with a $100 deductible on collision and $100 deductible on comprehensive coverage.
Ronch [10]
The answer would be 1,928.85
8 0
3 years ago
Other questions:
  • What is 9,800,000,000,100 in scientific notation?
    14·2 answers
  • What is the lcm of 18 and 24?
    6·1 answer
  • Consider the following function. f(x) = 16 − x2/3 Find f(−64) and f(64). f(−64) = f(64) = Find all values c in (−64, 64) such th
    9·2 answers
  • What numbers are missing 38 40 50 52
    5·2 answers
  • Is 13/16 greater than 7/8
    6·2 answers
  • Solve: 5/12 × 8/15=​
    11·1 answer
  • PLEASE HELP ASAP!!!
    9·1 answer
  • What is the solution to the following equation?<br> x+(-21) = 8
    12·2 answers
  • Mr Lim put some red pens and blue pens into a box . The ratio of the number of red pens to the number of blue pens was 3: 4 .He
    9·1 answer
  • Sin 70° 0.940 cos 70º = 0.342 tan 70° 2.75 <br> which is the closest height of the building ​
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!