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Rainbow [258]
3 years ago
9

Convert 14.25% to a ratio

Mathematics
1 answer:
Varvara68 [4.7K]3 years ago
7 0
1425/100=(57•25)/(4•25)
=57/4
=14 1/4
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3200 dollars is placed in an account with an annual interest rate of 8.25%. To the nearest tenth of a year, how long will it tak
Whitepunk [10]

Answer:

24.2 years

Step-by-step explanation:

The basic formula is I = P * i * t, where I is interest, P is total principal (or profit), i is rate of interest per year, and t is total time in years. I = P * i * t can be rearranged to solve for t: t = I / (i * p).

In this question I = $6400, P = $3200 and i = 8.25%, so we plug in those numbers to get t = 6400 / (0.0825 * 3200), which solves to 24.2424 years.

3 0
3 years ago
12p &lt; 96<br> A. p &lt; 8<br> B. p &lt; 108<br> C. p &lt; 84<br> D. p &gt; –8
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Solution:

<u>Note that:</u>

  • Given inequality: 12p < 96

<u>Dividing both sides by 12:</u>

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Correct option is A.

<u />

3 0
2 years ago
Read 2 more answers
Jones has received a raise of $1000 dollars for the last five years, and she will continue to receive such raises for each of th
Debora [2.8K]

Answer:

1500

Step-by-step explanation:

6 0
2 years ago
Write a paragraph explaining what scattered plots are and how to solve them. Make sure to give details, key terms and an example
Lunna [17]

Answer:

x = 59°

y = 67°

Step-by-step explanation:

x = y - 8

x + y + 54 = 180

(y - 8) + y = 180 - 54

2y - 8 = 126

2y = 134

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Step-by-step explanation:

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3 years ago
Toby just graduated from four years of college. at the beginning of each year, he took out a stafford loan with a principal of $
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If he starts paying after four years, the worth of the loans by then is b. $31,616.16

<h3>What is a Loan?</h3>

This refers to the amount collected from a lender to be repaid after a given time, usually with added interest.

Hence, we can see that:

The effective monthly interest rate is:

i = 0.053/12 = 0.0044

The effective annual interest rate is:

i = (1 + 0.0044)^12 -1 = 0.0543

The present worth of all the loans is:

P = 6125 + 6125 (1 + 0.0543)^-1 + 6125 (1 + 0.0543)^-2 + 6125(1 + 0.0543)^-3

P = $22,671.40

If he pays them prompty, then the total lifetime cost would be

P = 22671.40 (1 + 0.0543)^4 = $31,616.16

Read more about loans here:

brainly.com/question/2363571

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6 0
2 years ago
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