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bonufazy [111]
3 years ago
10

What is the solution to the equation?

Mathematics
1 answer:
joja [24]3 years ago
5 0
........................................d
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Suppose yoko borrows $3500 at an interest rate of 4% compounded each year Find the amount owed at the end of 1 year
olchik [2.2K]

Amount owed at the end of 1 year is 3640

<h3><u>Solution:</u></h3>

Given that yoko borrows $3500.

Rate of interest charged is 4% compounded each year

Need to determine amount owed at the end of 1 year.

In our case :

Borrowed Amount that is principal P = $3500

Rate of interest r = 4%

Duration = 1 year and as it is compounded yearly, number of times interest calculated in 1 year n = 1

<em><u>Formula for Amount of compounded yearly is as follows:</u></em>

A=p\left(1+\frac{r}{100}\right)^{n}

Where "p" is the principal

"r" is the rate of interest

"n" is the number of years

Substituting the values in above formula we get

\mathrm{A}=3500\left(1+\frac{4}{100}\right)^{1}

\begin{array}{l}{A=\frac{3500 \times 104}{100}} \\\\ {A=35 \times 104} \\\\ {A=3640}\end{array}

Hence amount owed at the end of 1 year is 3640

5 0
3 years ago
PLEASE HELP!!! (WILL GIVE BRAINLIEST FOR CORRECT ANSWER :)
cestrela7 [59]
-180 is the answer
explanation: order of operations
7 0
2 years ago
Which has a greater slope, a horizontal line or a vertical line?
AfilCa [17]

Answer:

A

Step-by-step explanation:

The slope of a vertical line is undefined

The slope of a horizontal line is 0

6 0
3 years ago
Write the following sentence as linear equation. Adding 16 to 5 times a number x is 40.
motikmotik

Answer:

x = 24/5

Step-by-step explanation:

16+5x=40

5x=40-16

5x= 24

x= 24/5

5 0
3 years ago
Read 2 more answers
Is − 227 in the sequence below? 13 , 7 , 1 , − 5 , − 11 ,
Papessa [141]

Answer:

Step-by-step explanation:-227 is in The sequence

13,7,1,-5,-11,.....

First term=a=13

Common difference=d=7-13=-6

Checking if -227 is in The sequence

using the formula

Tn=a+dx(n-1)

-227=13+(-6)x(n-1)

-227=13-6n+6

collect like terms

6n=13+6+227

6n=246

Divide both sides by 6

6n/6=246/6

n=41

Therefore -227 is the 41ist term Of The sequence

4 0
3 years ago
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