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kupik [55]
3 years ago
6

On May 17th Jane took out a loan for $33,000 at 6% to open her law practice office the loan will mature the following year on Ja

nuary 16th using the ordinary interest method what is the maturity value do on January 16th
Mathematics
1 answer:
frosja888 [35]3 years ago
4 0

Answer:

$ 31050

Step-by-step explanation:

<em>Step 1 : Write the formula for calculating simple interest.</em>

Simple Interest = <u>P x R x T </u>

                                100

P: Principal Amount-The loan taken (30,000)

R: Interest rate at which the loan is give (6)

T: Time period of the loan in years-there are 12 months in 1 year. There are 7 months from May till June (7/12)

<em>Step 2: Substitute values in the formula</em>

Simple Interest = <u>30,000 x 6 x 7/12</u>

                                       100

Simple Interest = $1050

<em>Step 3: Calculate the amount due at maturity</em>

At the maturity or the end of the time period given, the original or principal amount of the loan has to be repaid along with the simple interest.

Amount at maturity = Principal Amount + Simple Interet

Amount at maturity = 30,000 + 1050

Amount at maturity = $31050

!!

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Upon completion of an experiment a student realizes that the technique used for measuring the length and width of a rectangle ha
eduard

Answer:

809.4cm²

Step-by-step explanation:

Given the following :

Systematic error = 3.8cm (The measured length is always more than the actual length.)

Most probable dimension :

Width = 85.7 cm

Length = 123.5 cm

Hence most probable area of Rectangle :

Area = Length × Width

Area = 85.7cm × 123.5cm = 10583.95 cm²

Dimension due to Systematic error :

Length = (85.7cm + 3.8cm) = 89.5cm

Width = (123.5cm + 3.8cm) = 127.3cm

Area = Length × width

Area = ( 89.5cm × 127.3) = 11393.35cm²

Systematic error of the area :

value of area with Systematic error - Probable value of area :

11393.35cm² - 10583.95 cm² = 809.4cm²

6 0
3 years ago
The expression 2x2 + 12x + 10 represents a bird's height, in feet, x seconds after it leaves its nest,
marusya05 [52]
The answer is A. You add the extra 10 feet to however high the bird flew from there
8 0
3 years ago
Q=p(r+s) solve for p
Reil [10]
Q = p(r + s)
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Q = pr + ps
Q = p x r + p x s
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3 0
3 years ago
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Solve the system by graphing.
igor_vitrenko [27]

Answer:

Hi There the correct answer is {x,y} = {-1,-10}  

 

System of Linear Equations entered :

  [1]    3x - y = 7

  [2]    4x - 2y = 16

Graphic Representation of the Equations :

   y + 3x = 7        -2y + 4x = 16  

 

 

Solve by Substitution :

// Solve equation [1] for the variable  y  

 

 [1]    y = 3x - 7

// Plug this in for variable  y  in equation [2]

  [2]    4x - 2•(3x-7) = 16

  [2]    -2x = 2

// Solve equation [2] for the variable  x  

  [2]    2x = - 2  

  [2]    x = - 1  

// By now we know this much :

   x = -1

   y = 3x-7

// Use the  x  value to solve for  y  

   y = 3(-1)-7 = -10  

Solution :

{x,y} = {-1,-10}  

Hope it helps!

8 0
3 years ago
How to do the problem ​
charle [14.2K]

Answer:

the answer is 10n-13

Step-by-step explanation:

this is a one step problem, all you need to do is add all the like terms together such as n and 9n and since they are both positives they add up to 10n and then with -10 and -3 they would add together to make -13. thats all there is to it, the answer is 10n-13

7 0
3 years ago
Read 2 more answers
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