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
worty [1.4K]
3 years ago
15

Gibraltar Construction was granted a 1-year construction loan of $650,000 to finance the construction of an apartment complex. G

ibraltar borrowed the money from Citizens Trust at an interest rate of 0.75% ordinary interest over the prime rate. What was the maturity value of the loan if the prime rate is 8.75%?
Mathematics
1 answer:
GrogVix [38]3 years ago
5 0
Given:
loan: 650,000
prime rate: 8.75%
interest rate of 0.75% ordinary interest over the prime rate

Interest rate: 8.75% + 0.75% = 9.5%

650,000 x 9.5% x 1 =  61,750 interest

maturity value: 650,000 + 61,750 = 711,750

You might be interested in
Recall that two angles are complementary if the sum of their measures is​ 90°. find the measures of two complementary angles if
maxonik [38]
If one angle is 8 times bigger than the other, the bigger angle's measure would be 8x and the smaller angle's measure would be x. 8x+x=90. This simplifies to 9x=90. To find x, you divide 9 from 90, making x=10. This means the smaller angle (Angle 2) is 10° and the bigger angle's (Angle 1) is 8 times 10, so it is 80°.
8 0
3 years ago
Can someone please help me with this ?
serg [7]

Answer:

Area = 25 cm²

Diagonal = 10.6cm

8 0
3 years ago
10. A In the adjoining Figure, ab is perpendicular to bc and ed is to cd while bc=cd . prove i) triangle abc is corresponding to
xxTIMURxx [149]

<u>Part</u><u> </u><u>(</u><u>i</u><u>)</u>

1) AB is perpendicular to BC, ED is perpendicular to CD, BC = CD (given)

2) Angles ABC and CDE are right angles (perpendicular lines form right angles)

3) Angles ABC and CDE are equal (all right angles are equal)

4) Angles ACB and DCE are equal (vertical angles are equal)

5) Triangles ABC and EDC are congruent (ASA)

<u>Part</u><u> </u><u>(</u><u>ii</u><u>)</u>

6) AB = DE (corresponding parts of congruent triangles are equal)

4 0
2 years ago
Gene has a gasoline budget of $300 per month. He uses an average of $6 of gasoline each day he drives. Which of the following eq
Law Incorporation [45]

Answer:

300-6x

Step-by-step explanation:

Trust me

7 0
2 years ago
(Multiple Choice, 20 pts)
ivanzaharov [21]

Answer:

x = -3, x = 0 is a extraneous solution

Step-by-step explanation:

Step 1: Cross-multiply

3x² = 4x² + 3x

Step 2: Isolate <em>x</em>'s

0 = x² + 3x

Step 3: Factor

0 = x(x + 3)

Step 4: Find roots

x = 0, -3

Step 5: Double check work

Plug in both to see if they both work. Only x = 0 should be extraneous. We now have our answer!

3 0
3 years ago
Other questions:
  • I'm not sure how to do this
    11·1 answer
  • What is the determinant of the coefficient matrix of the system 0x+0y-0z=3 0x+0y+0z=-1 0x+0y+0z=18
    5·1 answer
  • Pleas help me buddy pleeeas
    5·1 answer
  • A coffee mixture has beans that sell for $0.20 a pound and beans that sell for $0.68. If 120 pounds of beans create a mixture wo
    5·1 answer
  • What are the coefficients for the binomial expansion of (a + b)^3?
    7·2 answers
  • HELP PLEASE I REALLY NEED IT AND CAN YOU PLEASE EXPLAIN TO ME TWO BECAUSE MY ZOOM WOSEN'T WORKING AND IT KEEPS GLICHING AND I DO
    5·1 answer
  • Michelle is on a secret mission to reclaim artifacts that were recently stolen from the National Museum. The artifacts are locat
    6·1 answer
  • Describe fully the single transformation that maps traingle a to triangle b
    6·2 answers
  • The table and scatter plot show the total weight for
    14·2 answers
  • Solve triangles suing the law of sines
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!