The total amount Ernest owes the bank after 9 months is $1,225.00
How many months of interest would be paid?
The fact the loan was taken for nine months means that the borrower, Ernest needs to pay interest for nine months, in other words, we would time-apportion the annual interest of 30% to determine the 9-month interest as shown below:
9-month interest rate=30%*9/12
9-month interest rate=22.50%
The amount Ernest is owing the bank is the principal borrowed plus the interest for 9 months as computed below:
total amount owed after 9 months=$1000*(1+22.50%)
total amount owed after 9 months=$1000*1.2250
total amount owed after 9 months=$1,225.00
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1.) Which variable did you plot on the x-axis, and which variable did you plot on the y-axis?
x-axis represents people's arms span, y-axis represents their corresponding height
2.) Explain why you assigned the variables in that way.
because you can find the height of people(y) by plugging arm span in x. And i can find people's arm span(x) by plugging height as y
Answer:
3.9
Step-by-step explanation:
The retained earnings for the year is $205,000
The firm paid out $185,000 in cash dividend
It has total equity of$4.90 million
100,000 common shares are outstanding
Therefore the earnings per share van be calculated as follows
= 205,000+185,000/100,000
= 390,000/100,000
= 3.9
Hence the earnings per share is $3.9
Okay. To find the distance apart from each other, subtract 15.3 and 7.5. When you do that, you should get 7.8. -7.5 and -15.3 are 7.8 units away on a number line.
