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3 years ago

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If you have a balance of $1,000 on your credit card, and the interest rate is 17¾% a year, in order to pay off the $1,000 in 5 y

ears, you will have to make minimum payments of $25.26 a month. How much will the $1,000 loan cost you in interest?

1 answer:

viva [34]3 years ago

8 0

Answer:

$540.54

Step-by-step explanation:

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A riverboat travels 54 km downstream in 2 hours. It travels 57 km upstream in 3 hours. Find the speed of the boat and the speed

irakobra [83]

Here we must write and solve a system of equations to find the speed of the boat and the speed of the stream. We will find that the boat's speed is 23km/h and the river's speed is 4km/h.

First, remember the relation:

Distance = Speed*Time.

Now let's define the variables we will be using:

B = boat's speed
R = river's speed.

When the boat travels downstream, the total speed of the boat is the speed of the boat plus the speed of the river, and we know that in that case it travels 54km in 2 hours, then:

54km = (B + R)*2h

When the boat travels upstream, we must subtract the speed of the river. In that case, we know that the boat travels 57km in 3 hours, then we have:

57km = (B - R)*3h

Then our system of equations is:

54km = (B + R)*2h

57km = (B - R)*3h

To solve this, first, we need to isolate one of the variables in one of the equations, let's isolate B in the second one:

57km = (B - R)*3h

57km/3h + R = B

19 km/h + R = B

Now we can replace that in the other equation:

54km = (B + R)*2h

54km/2h = B + R

27 km/h = B + R = (19 km/h + R) + R

Now we can solve this for R:

27 km/h = 19km/h + 2*R

27 km/h - 19km/h = 2*R

8 km/h = 2*R

(8km/h)/2 = 4km/h = R

Now that we know the value of R, we can use:

B = 19 km/h + R = 19 km/h + 4km/h = 23 km/h

So the boat's speed is 23km/h and the river's speed is 4km/h.

If you want to learn more, you can read:

brainly.com/question/12895249

5 0

3 years ago

Write 1.48 repeating as a mixed number as a mixed number

andrew-mc [135]

$1.48=1+0.48=1+\dfrac{48}{100}=1+\dfrac{48:4}{100:4}=1+\dfrac{12}{25}=\boxed{1\frac{12}{25}}$

4 0

3 years ago

A strip mall generates $215,000 in effective rental income and $3,000 in other income. The same mall has $102,000 in operating e

Gnesinka [82]

Answer: $116,000

Step-by-step explanation:

The net operating income will be the operation profit after deducting the expenses from the accrued revenue (reserve exclusive)

The revenue generated are $215,000 + $3,000

= $218,000

Expenses incurred;

$102,000

The net operating income = $218,000 - $102,000

= $116,000

Note that reserves is not used in business operation. Therefore it cannot be regarded either as revenue or expenses.

6 0

3 years ago

A class at Middlebury school collected date on the types of movies students prefer. Complete each statement using the table.

likoan [24]

Based on the information of the table, you have:

1. The ratio is 105/150. By simplifying you get for the ratio 7/10.

2. The students that prefer action movies are 75+90 = 165 and the total numbe of students is 180+240 = 420. Then, the fraction of students who prefer action movies is:

165/420 = 11/28

3. The fraction of seventh graders students that prefer action movies is:

75/180 = 5/12

4. The percent of student that prefer comedy is:

105 + 150 = 255 total student that prefer comedy

420 total number of students

the fraction is:

(x/100)420 = 255

solve for x:

x = 255(100/420)

x = 60.71

the percent of students is 60.71%

5. The percent of eighth graders student who prefer action moveis is:

(x/100)240 = 90

x = 90(100/240)

x = 37.5

the percent of students is 37.5%

6. To determine which from the given grades has the greatest percent of student that prefer action movies, calculate the percent of student in seventh-grade:

(x/100)180 = 75

x = 75(100/180)

x = 41.66

the percent of student is 41.66%

then, seventh grade has the greatest percent of student that prefer action movies.

4 0

1 year ago

The thickness of a block is approximately 2 centimeters. How many blocks are in a stack that is 1,000 millimeters high? ( 1 cm =

Andru [333]

Answer:

50 blocks

Step-by-step explanation:

First of all, you need to label you're proportions, which can be mm/blocks.

Then, for 1 block, it is 20 mm because the block is 2 cm, which is equal to 20 mm. So for you're proportion, it is 20 mm/1 block.

Finally, you need to find the total amount of blocks that equals 1000 mm. So you can multiply the 20 mm by 50 to get the 1000 mm. What you do at the top, you do at the bottom, so you also have to do 1 block by 50 to get 50 blocks

So for you're final answer/proportion, it is mm/blocks = 20/1 = 1000/50 and you're final answer is 50 blocks

Hope this helps : )

8 0

3 years ago