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kotykmax [81]
3 years ago
9

On the maturity date of a $10,800, 6-month, 8% note, the borrower sends a check that includes the principal and all of the inter

est due on the note. What is the amount of the borrower's check?​
Mathematics
1 answer:
Reika [66]3 years ago
8 0

Answer: $ 11,232.00

Step-by-step explanation:

Given:  Amount = $ 10,800

Interest Rate = 8%   =0.08

Time in Months= 6.00

Formula :

Interest on Note = (Amount)× (Interest Rate) × ((Time in Months) /12)

= (10800)× (0.08)× (6/12)

= $432

The amount of the borrower's check =(Amount + Interest on Note)

= $ (10,800+432)

= $ 11,232.00

Hence, The amount of the borrower's check = $ 11,232.00

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What is the best estimate for the sum of fractions 5//6 and 5/8
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4 0
3 years ago
What is the equation of the quadratic graph with a focus of (-4,17/8) and a directrix of y=15/8
Temka [501]
So hmm notice the graph below

based on where the focus point is at, and the directrix, then, the parabola is opening upwards, meaning the squared variable is the "x"

\bf \begin{array}{llll}
(y-{{ k}})^2=4{{ p}}(x-{{ h}}) \\\\
\boxed{(x-{{ h}})^2=4{{ p}}(y-{{ k}})}\\
\end{array}
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\qquad \textit{ focus or directrix}
\end{array}

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what's the "p" distance? well, we just found it, is just 1/8

so, the x-coordinate is obviously -4, get the y-coordinate by 17/8 - 1/8   or 15/8 + 1/8

and plug your values (x-h)² = 4p(y-k)   and then solve for "y", that's the equation of the quadratic

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3 years ago
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