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
serg [7]
3 years ago
14

An investor bought an antique table for $6000. He paid 5% as a deposit and borrowed the remainder from a bank for two years at 1

8% p.a. simple interest, payable monthly. How much interest does he have to pay each month?
Mathematics
1 answer:
Sloan [31]3 years ago
8 0

First lets get rid of the deposit.
(0.95*6000)=5700

Formula is I=PRT
I= Interest earned
P=Principal amount (5700)
R=Rate (18% or 0.18 or 18/100)
T=Time period (2 years)
Equation:
I= 5700*2*0.18
I= 2052
But remember the question asks for monthly payments!
2052/24            (12 months in a year and  T= 2 years)
Answer=$85.50
You might be interested in
Find the area of a triangle with a base length of 3 units and a height of 4 units. 3 square units 6 square units 7 square units
yan [13]

For this case we have that by definition, the area of a triangle is given by:

A = \frac {b * h} {2}

Where:

b: It is the base of the triangle

h: It is the height of the triangle

According to the data of the statement we have:

b = 3 \ units\\h = 4 \ units

Substituting in the formula we have:

A = \frac {3 * 4} {2} = \frac {12} {2} = 6 \ units ^ 2

So, the area of the triangle is6 \ units ^ 2

Answer:

6 \ units ^ 2

8 0
3 years ago
Read 2 more answers
Please help! Only answer if you know how to do it.
Mashutka [201]
Your answer would 699.3 that is it
7 0
3 years ago
What is the probability that in a randomly selected game, the first goal is scored in less than 4 minutes?
kogti [31]

Based on the characteristics of the distribution, the probability that the first goal is scored in less than 4 minutes is 0.

<h3>What is the probability?</h3>

For us to be able to calculate the probability that the first goal is scored in less than 4 minutes, the distribution needs to satisfy the requirements of the Central Limit Theorem(CLT).

Based on the fact that the distribution here is extremely right skewed, then it does not satisfy the requirements of CLT so the probability is 0.

First part of question:

The distribution of the time it takes for the first goal to be scored in a hockey game is known to be extremely right skewed with population mean 12 minutes and population standard deviation 8 minutes.

Find out more on the requirements of the Central Limit Theorem at brainly.com/question/18403552

#SPJ4

4 0
2 years ago
Please help this was due yesterday
lys-0071 [83]

Answer:

2) 2^8

3)7^9

4)  1/3^6

5)x^10

6) y^8

7) x^10

Step-by-step explanation:

5 0
2 years ago
Simplify the expression.
Anna71 [15]

Since we have a cubic root, we're interested in factoring cubes inside the root, so that we can take them out. If we factor 648, we have

648=2^3\times 3^4=2^3\times 3^3\times 3 = (2\times 3)^3\times 3 = 3\times 6^3

So, we have

3x\sqrt[3]{648 x^4 y^8} = \sqrt[3]{3\times 6^3\cdot x^3\cdot x \cdot y^6\cdot y^2}=3x\cdot 6\cdot x\cdot y^2\sqrt[3]{3\cdot x\cdot y^2}

And the result simplifies to

18x^2y^2\sqrt[3]{3xy^2}

5 0
3 years ago
Other questions:
  • Simplify: 1/5(-16-9) + 4^2 ÷8​
    13·1 answer
  • Three vertices of a square are (–6, 2), (–6, 9), and (1, 2).
    7·1 answer
  • Somebody please help me please please
    5·1 answer
  • Fine the distance between the points A(2,-1) &amp; B(-4,2)
    11·1 answer
  • Hong went shopping after she woke up. It took Hong 20 minutes to get ready to go shopping. She shopped for 45 minutes and then s
    15·1 answer
  • Convert decimal .008 to a fraction
    9·2 answers
  • Integrate from 0 to pi/2 (sinx + cosx)/(9+16sin(2x)) dx
    7·1 answer
  • What additional information do you need to prove triangle NOP = triangle QSR?
    14·1 answer
  • ∛3x+7=∛2x+1<br> solve it please
    5·1 answer
  • Brooke has scores of 84, 72, 90, 95, and 87 on her first five quizzes. After taking the sixth quiz, Brooke’s mean score increase
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!