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Crank
4 years ago
5

A shipping company borrows $70 million at 5% p.a. compound interest to build a new cruise ship. If it repays the debt after 3 ye

ars, how much interest will the company pay?
Mathematics
1 answer:
dem82 [27]4 years ago
5 0

Answer:

about 11.03 million

Step-by-step explanation:

Use the equation I = P(1+r/100)^n - P (I is the compound interest, P is the principle, r is the rate percent, and n is the number of years):

Substitute the values given:

I = 70,000,000(1 + 5/100)^3 - 70,000,000

Use a calculator to solve and you will get ~11.03 million.

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6 grape

Step-by-step explanation:

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3 years ago
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Given the following formula, solve for a.
Elena L [17]

Answer:

A. a = 2s - b -c

Step-by-step explanation:

Rearrange the equation in a way that you have only a on one side. When solving equations you can add, subtract, multiply or divide by the same number/variable/expression on the both sides.

s = \frac{a + b + c}{2}

Multiply by 2 to get rid of the fraction.

s \cdot 2 = \frac{a + b + c}{2} \cdot 2

On the right side the 2 cancels out:

s \cdot 2 = a + b + c

On the right side next to a are still b and c. But we want a alone. Subtract b.

s \cdot 2 - b = a + b + c - b

b - b on right side gives 0.

s \cdot 2 - b = a + c + 0

The step above is usually skipped, because number + 0 = number.

s \cdot 2 - b = a + c

Next to a there is still c. Subtract c.

s \cdot 2 - b - c = a + c - c

c - c on the left is 0.

s \cdot 2 - b - c = a

So our answer is:

s \cdot 2 - b - c = a

It can be rewritten to (change sides):

a = s \cdot 2 - b - c

And s · 2 can be rewritten to 2s:

a =  2s - b - c

5 0
2 years ago
PLZZZ HELLP 3+7 − 1/2 is an example of
notsponge [240]

Answer:

C. a numerical expression.

Step-by-step explanation:

Right away, what you should know is that this is an expression. Equations are expressions, except wiht an equal sign. This is not algabraeic though, since there is no valuable (for example 3x, or 7a). So, through the process of elimination, the answer would be a numerical expression.

Hope this helps!

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3 years ago
B-CR-SLHv2
liberstina [14]

Answer:

1 or 2

Step-by-step explanation:

2 if you write really small but otherwise 1 idea on 1 side of a notecard.

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3 years ago
PLEASE HELP ME PLEASE!
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The answer for this is C

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3 years ago
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