All categories

3 years ago

Amy got a $1,000 loan from her bank and she had to repay $1,1550 what are the principal and interest amounts in this transaction

Mathematics

2 answers:

kupik [55]3 years ago

6 0

Answer:

<h3>The Principal amount = $1,000 and the interest amounts in this transaction is $155.</h3>

Step-by-step explanation:

Loan taken by Amy amount = $1,000.

Please note : Loan amount taken from the bank would be Principal value of the transaction, because we need to apply operations on $1,000 to add the interest on the loan.

Total amount repaid by Amy = $1,155.0

Note: In given problem repay amount is $1,1550, which is really very high amount and does not make any sense. So, I made a decimal there as it seems that you missed that decimal to put.

Therefore, interest amount = Repay amount - Principal amount

= $1,155 - $1,000 = $155.

Therefore, interest amounts in this transaction is $155.

xeze [42]3 years ago

3 0

If I'm right the principal amount is $1,000 and the interest(if $1,550) is $550 in the transaction.

You might be interested in

Find the area of parallelogram

Alika [10]

Answer:

45m

Step-by-step explanation:

9*5

5 0

3 years ago

Which expression is equivalent to log Subscript c Baseline StartFraction x squared minus 1 Over 5 x EndFraction?

Harrizon [31]

The equivalent expression of $\log_c(\frac{x^2 - 1}{5x})$ is $\log_c(x^2 - 1) - \log_c(5x)$

<h3>How to determine the equivalent expression?</h3>

The logarithmic expression is given as:

$\log_c(\frac{x^2 - 1}{5x})$

The law of logarithm states that:

log(a) - log(b) = log(a/b)

This means that the expression can be split as:

$\log_c(\frac{x^2 - 1}{5x}) = \log_c(x^2 - 1) - \log_c(5x)$

Hence, the equivalent expression of $\log_c(\frac{x^2 - 1}{5x})$ is $\log_c(x^2 - 1) - \log_c(5x)$

Read more about equivalent expression

brainly.com/question/2972832

#SPJ1

3 0

2 years ago

41. A bag contains 20 balls numbered from 1 to 20.

lesantik [10]

Answer: 77/95 chance

Step-by-step explanation: There are 8+7+6+5+4+3+2+1 = 36 choices that differ by 12 or more, so the probability they differ by 12 or more is 36/190 = 18/95. So the probability that they do not differ by 12 or more is 1 - 18/95 = 77/95. Brainliest please?

5 0

3 years ago

The Roberts family is shopping for a new vehicle. They are considering a minivan or an SUV. Each vehicle has three models; stand

azamat

I believe the answer is 30.

8 0

3 years ago

Read 2 more answers

one taco supreme and two pan pizzas provide 3850 calories. Two taco supremes and one pan pizza provide 3770 calories . Find the

Sedaia [141]

Answer:

Taco supreme is 1230 calories

Pan pizza is 1310 calories

Step-by-step explanation:

Let's denote taco supreme as T and pan pizza az P. We have:

T+2*P = 3850 and 2*T + P = 3770

If we add the equations we get 3*T+3*P = 7620

3*(T+P) = 7620

T+P = 2540 => we can use T=2540-P

Back to one of the first equations we get 2540-P+2*P=3850

P=3850-2540= 1310

=>T= 2540-1310= 1230

4 0

4 years ago