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
Serhud [2]
3 years ago
15

A $1,500 loan has an annual interest rate of 4 1/4% on the amount borrowed. How much time has elapsed if the interest is now $12

7.50?
Mathematics
2 answers:
g100num [7]3 years ago
6 0
$127.50=1,500(0.0425)*x

$127.50 = 63.75 *x

x =  \frac{127.50}{63.75}

x = 2

2 years elapsed.

hope this helps!


SCORPION-xisa [38]3 years ago
4 0

Answer:

2 years

Step-by-step explanation:

Given : A $1,500 loan has an annual interest rate of 4 1/4% on the amount borrowed.

To Find : How much time has elapsed if the interest is now $127.50?

Solution :

Formula of simple interest : principal *rate *time

Principal = $1,500

Rate (in decimals )4\frac{1}{4*100} =\frac{17}{4*100} =0.0425

Time (in years)

Simple interest = $127.50

Putting values in formula

$127.50 =  1500*0.0425*time

127.50 =  63.75*time

\frac{127.50}{63.75} = time

2 years = time

Thus time will be 2 years


You might be interested in
ack King pays a $496.00 premium annually. This represents 40% of the total premium. The rest of the premium is paid by his emplo
garik1379 [7]
He pays 40%.

--------------------------------
Find Company's share :
--------------------------------
100% - 40% = 60%

(a) The company pays 60% of the premium.


He pays $496. 
He pays 40% of the total premium.

40% = 496

--------------------------------
Find 1% :
--------------------------------
1% = 496 ÷ 40
1% = 12.4

--------------------------------
Find 100% :
--------------------------------
100% = 12.4 x 100
100% = $1240

(b) The total premium is $1240.


$1240 - $496 = $744

(c) The company pays $744.
3 0
3 years ago
Graph A line goes through the point (6,–2) and has a slope of –3. What is the value of a if the point (a,7) lies on the line?
3241004551 [841]

Answer:

The value of a is 3

Step-by-step explanation:

First you have to make an equation based on the point and slope that you were given. The formula for this is y-(y cordinate of point)=slope(x-x cordinate of slope)

y--2=-3(x-6), which simplifies to y+2=-3(x-6)

In (a,7), 7 is the y coordinate. We have to plug 7 in for the y in our equation.

7+2=-3(x-6),

Combine like terms on the left side to get to 9=-3(x-6)

Multiply out on the left to get 9=-3x+18

Subtract 18 from the left side to get -9=-3x

Divide both sides by negative 3 to get 3=x (remember x is a)

7 0
3 years ago
What is 3(x-5)-14=2(x-7)+2
Evgen [1.6K]

Answer: x = 7

Step-by-step explanation:

To solve the equation,

First step, open the bracket

3(x-5)-14=2(x-7)+2

3x -15 -14 = 2x -14 +2

Then, add the like terms

3x - 29 = 2x -16

Transpose the values at the right hand side to the left hand side

3x - 2x = -16 + 29

x = 7

5 0
3 years ago
Evaluate 3x2 - 4 when χ= 2.<br> Α. 2<br> Ο Ο Ο<br> Ο Β. 8<br> C. 12<br> Ο D. 32
solniwko [45]

Answer:

D. 32.

Step-by-step explanation:

3x^2 - 4\\= 3^2 * 2\\= 6^2 - 4\\= 36 - 4\\= 32.

hope this helps.

3 0
2 years ago
Need help plz help i need to get this done
Leona [35]

Answer:

42

Step-by-step explanation:

5 0
3 years ago
Other questions:
  • I’m completely lost can someone help me
    9·2 answers
  • Se da triunghiul ABC isoscel , in care AB 2 lungimile de 5 cm respectiv 6 cm , calculati perimetrul ; sunt doua cazuri
    10·1 answer
  • PLEASEEE HELP ME WITH THESE QUESTIONS THANKYOU!!
    9·2 answers
  • Alicia rolls two fair number cubes numbered from 1 to 6. She first defines the sample space, as shown below:
    6·2 answers
  • Please help click on the image below
    12·1 answer
  • A tennis ball travels at 120 miles per hour. what is this rate in feet per second
    15·1 answer
  • Solve for x...<br><br> Z = 8(x-h) <br><br> X = ????<br><br> Please state what X is...
    5·2 answers
  • Which expression show 50+30 written as a product of two factor​
    14·2 answers
  • D=u^2/2a
    9·1 answer
  • When Uim surveyed 5 sixth-grade students at the community skating rink, he found that only 1 out of the 5 had
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!