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
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

You might be interested in
A freight train travels at 30 mph. If the freight train is 300 miles ahead of an express train traveling at 55 mph, how long wil
melisa1 [442]
Distance<-------------300--------------><-------------------x----------------->
          ⊕---------------------------------⊕--------------------------------------⊕                      Express                                  Freight                            Overtaking point
   Speed 55                              speed 30

Let x be the distance travelled by Freight until the point of overtaking
Time = Distance/Speed, then:

Time (freight) = Distance (fright)/Speed (freight) And
Time (Express) = Distance (Express)/Speed (Express).
Now plug in the relative number:

Time (freight) = x/30  and Time (express) = (x+300)/55. But note that both times are equal, then:
x/30 = (x+300)/55 OR (x÷30 = (x+300)÷55) [Answer C]
Now let's find the distance x. Cross multiplication;

55x= 30(300+x) →55x = 9,000 + 30x
55x - 30x = 9,000 → 25x = 9,000 and x = 9,000/25 = 360 miles
Time needed for Freight to travel 360 m = 360/30= 12 Hours
Time needed for Express to travel (300+360) m = 660/55= 12 Hours
As you see, it's the same time of 12 hours
Don't forget that Distance = Speed x time or time = Distance/Speed, etc.

4 0
3 years ago
Read 2 more answers
Can someone help me with this math? Please I'm desperate. ​
Ronch [10]

Answer:

It is pi over nine, the one that your cursor is on. Forgive me if I am wrong

Step-by-step explanation:

5 0
3 years ago
Amy needs to mail a gift card to a friend. She uses 47-cent stamps and 6-cent stamps to pay $2.42 in postage. How many of each s
AVprozaik [17]

Answer:

Answer:Amy used 4 41-cent stamps and 8 6-cent stamps.

Step-by-step explanation:

Let x represent the number of 41-cent stamps that Amy used. Let y represent the number of 6-cent stamps that Amy used.

41 cents = 41/100 = $0.41

6 cents = 6/100 = $0.06

She uses 41-cent stamps and 6-cent stamps to pay $2.12 in postage. It means that

0.41x + 0.06y = 2.12

Multiplying through by 100, it becomes

41x + 6y = 212

6y = 212 -41x

We would test for corresponding values of x and y that satisfies the equation and they must be whole numbers.

If x = 3,

6y = 212 - 41 × 3 = 89

y = 89/6 = 14.8333

If x = 4,

6y = 212 - 41 × 4 = 48

y = 48/6 = 8

Answer:Amy used 4 41-cent stamps and 8 6-cent stamps.

Step-by-step explanation:

Let x represent the number of 41-cent stamps that Amy used. Let y represent the number of 6-cent stamps that Amy used.

41 cents = 41/100 = $0.41

6 cents = 6/100 = $0.06

She uses 41-cent stamps and 6-cent stamps to pay $2.12 in postage. It means that

0.41x + 0.06y = 2.12

Multiplying through by 100, it becomes

41x + 6y = 212

6y = 212 -41x

We would test for corresponding values of x and y that satisfies the equation and they must be whole numbers.

If x = 3,

6y = 212 - 41 × 3 = 89

y = 89/6 = 14.8333

If x = 4,

6y = 212 - 41 × 4 = 48

y = 48/6 = 8

8 0
3 years ago
Read 2 more answers
Write an equation of the line with the given slope that contains the given point.
Alchen [17]

Answer:

y=-2x+12

Step-by-step explanation:

We can use the point-slope form given by:

y-y_1=m(x-x_1)

Where <em>m</em> is the slope and (x₁, y₁) is a point.

So, we will substitute -2 for <em>m</em> and (5, 2) for (x₁, y₁). This gives us:

y-(2)=-2(x-(5))

Simplify:

y-2=-2(x-5)

Distribute:

y-2=-2x+10

Add 2 to both sides. Hence, our equation is:

y=-2x+12

3 0
3 years ago
What is the result when 12x} + 17x² + 18x + 9 is divided by 4x + 3?
melamori03 [73]

Answer:

17x^2+31x+3

Step-by-step explanation:

4 0
3 years ago
Other questions:
  • How to solve 8(3p-1)+9=3(p+2)-1 ?
    13·1 answer
  • What is the solution to the following system of equations?
    9·1 answer
  • at a certain time of day a person 6 ft tall cast a 4 ft shadow how long is the shadow cast by ba 21 ft tree at the same time?
    12·1 answer
  • Please Help Not Sure How To Due This Problem.
    9·1 answer
  • The focus of a parabola is (−5,−1) and the directrix is y=−3.
    9·1 answer
  • Every straight line has an equation of the form cx​ + dy​ = e, where not both c and d are 0. Such an equation is said to be a ge
    7·1 answer
  • Can someone please help me
    14·1 answer
  • Experiments on learning in animals sometimes measure how long it takes mice to find their way through a maze. Only half of all m
    9·1 answer
  • Directions: In your own words talk about the similarities and differences in angles?
    12·1 answer
  • A recent survey at a local company showed that 300 employees, or 66⅔% of the company’s employees, carpool to work each day. How
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!