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
tekilochka [14]
3 years ago
13

Sue Shopper received a $749.25 discount loan to purchase a refrigerator. The loan was offered at 12% for 120 days. Find the inte

rest in dollars and the proceeds for the following problem.
The interest is $?
The proceeds are $?
Mathematics
2 answers:
vodka [1.7K]3 years ago
6 0
Dived loan and purchase to get interest
liq [111]3 years ago
3 0

Answer:

The interest is $29.97

The proceeds are $719.28

Step-by-step explanation:

Data:

L = Loan = $749.25

r = Interest rate = 12% = 0.12  

t = Time = 120 days

n = days of the year = 360 days

X = Interest in dollars = ?

Y = Proceeds = ?

X =L * t * (r/n) = $749.25 * 120 * (0.12/360) = $29.97

Y = L - X = $749.25 - $29.97 = $719.28

Therefore,  

The interest is $29.97

The proceeds are $719.28

Hope this helps!

You might be interested in
Please help due today!!!
sweet-ann [11.9K]
The first answer is B

The second answer is D
4 0
3 years ago
What is the simplest form of 46/8
PilotLPTM [1.2K]
23/4

If you divide the numerator and denominator by 2, you get simplest form.
7 0
3 years ago
Read 2 more answers
Factor -22 out of 15.4b -6.6
valina [46]

Answer:

-7b+3

Step-by-step explanation:

first step you will find numbers if you take -2.2 to get those numbers

7 0
2 years ago
Members of a college chemistry department agree to contribute equal amounts of money to make up a scholarship fund of $280. Then
Zarrin [17]

Answer:

7 members

Step-by-step explanation:

Lets say that the department has n members. If each member contributes with an equal amount x and make a total of $280, we know that:

n*x = 280

Where each one colaborated with:

n*x/n = 280/n

Or what is the same that: (as the n on the left eliminate themselves)

x = 280/n (*)

Now the department hires 3 more members, so we now have n+3 members. And we know that the pass from contributing x to contribute $30 less, it is, x-30 (I omit the $ symbol for simplicity). So, know we have:

x-30 = 280/(n+3)

We can replace x here by the formulation of x we did in the (*) equation:

( 280/n) - 30 = 280/(n+3)

using common denominator:

( 280/n) - 30 n/n = 280/(n+3)

( 280 - 30 n)/n = 280/(n+3)

Cross multiplying the denominators:

( 280 - 30 n)*(n+3) = 280*(n)

280n - 30n^2 + 840 - 90n = 280n

Subtracting 280 n in both sides:

30n^2 + 840 - 90n = 0

Dividing both sides by 30:

-n^2 - 3n + 28 = 0

Factorizing this term (you can notice the factor immediately or solving with baskara resolution, I omit the baskara for simplicity):

-(n + 7)(n - 4) =0

So, n is equal to 4 and -7. As we are dealing with people we can not have -7 people, so we keep only n=4.

So, previous the new hiring there were 4 members, now there are 7.

The used to collaborate with 280/4 = $70, now the collaborate with 280/7=$40, and we see the collaboration decreased in $30.

7 0
3 years ago
Write an equation of a line in slope-intercept form with a slope of -12 and a y-intercept of 3.
Mila [183]

Answer:

y = -12x + 3

Step-by-step explanation:

The slope-intercept form of an equation can be written as y = mx + b where m is the slope and b is the y-intercept. We are given both values, so we can plug them into the equation to get:

y = mx + b

y = -12x + 3

5 0
2 years ago
Read 2 more answers
Other questions:
  • If Jonny wants djdjdjfnfnfnfngngjgjgjgj5 +5= 10
    6·2 answers
  • Sam and Annika ride their bike to school. Sam rides his bike (k) kilometers. Annika rides her bike 2 less than 4 times as many k
    14·1 answer
  • Joe and Maggie are working at McDonald's joe make $8.50 per hour while Maggie makes $9.00 per hour. How much would they both mak
    5·2 answers
  • Applications of systems of equations
    10·1 answer
  • Sarah rolls 2 fair dice and adds the results from each. Work out the probability of getting a total more than 2.
    12·2 answers
  • Which of the following is a characteristic of Euclidean geometry?
    7·1 answer
  • Explain how to solve the word problem below AND solve.
    12·2 answers
  • HURRY ILL GIVE BRAINLIEST AND THUMBS UP MUST BE THE RIGHT ANSWER
    6·1 answer
  • In a class of 33 students, the ratio of girls to boys is 6:5. How many are there
    5·1 answer
  • PLS ANSWER QUICK<br> 37 1/2% of 90
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!