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Shalnov [3]
3 years ago
11

If you want to earn 15% annual simple interest on an investment, how much should you pay for a note that will be worth $27,000 i

n 10 months?
Mathematics
1 answer:
photoshop1234 [79]3 years ago
3 0
For some payment P, you want
  27000 = P + I
  27000 = P + Prt . . . . substituting the formula for I
  27000 = P(1 + .15·10/12) = 1.125
Then
  27000/1.125 = P = 24000

You should pay $24,000 for the note.
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The population of a type of local frog can be found using an infinite geometric series where a one equals 84 and the common rati
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A=84 and r=1/5

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A company finds it can produce 15 heaters for $ 4050​, while producing 25 heaters costs $ 6550. Express the​ cost, y, as a l
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It means the line passes through the points (15,4050) and (25,6550).

If a line passes through two points (x_1,y_1) and (x_2,y_2), then the equation of line is

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The equation of line is

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y-4050+4050=250x-3750+4050

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Therefore, the required linear function is y=250x+300.

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