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
Norma-Jean [14]
3 years ago
13

Ted borrowed $100 from 2 years at a 10% interest rate. How much interest will he pay on the loan? What will be the total amount

due at the end of the loan?
Mathematics
1 answer:
mr_godi [17]3 years ago
5 0

Answer:

Interest = $20

Amount due = $120

Step-by-step explanation:

This is a Simple Interest problem. Simple interest is given as:

I = (P * R * T) / 100

Where I = interest

P = principal or amount loaned

R = rate of interest

T = time elapsed

Ted borrowed $100 from 2 years at a 10% interest rate.

This means that P = $100, R = 10%, T = 2 years.

Hence, the interest will be:

I = (100 * 10 * 2) / 100

I = 2000 / 100

I = $20

The interest after two years will be $20.

Therefore, the total amount due at the end of the loan is:

A = P + I

A = 100 + 20 = $120

The amount due is $120.

You might be interested in
Plz help!!! marking brainiest!!
Ghella [55]
Answer: 3(x-12)(x+2)
5 0
3 years ago
How many solutions does this have
RSB [31]

Answer:

one solution

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
What is the area of this triangle ?!
fomenos

Answer:

35.

Step-by-step explanation:

To find the area, multiply the length and the width.

A = L x W

7 x 5 = 35

6 0
2 years ago
Read 2 more answers
Which set of numbers could represent the lengths of the sides of a right triangle? 16, 32, 36 5, 12, 13 6, 7, 8 8, 12, 16
Elden [556K]

5,12,13

5X5=25

12X12=144

25+144=169

answer: square root 169=13

6 0
3 years ago
A ball is launched into the sky at 272 feet per second from the roof of a skyscraper 1,344 feet tall. The equation for the ball’
xz_007 [3.2K]

When the ball is in the ground, its height is basically equal to zero thus making our equation,

<span>    -16t^2 + 272t + 1344 = 0</span>

Simplifying the equation will give us,

<span>  - t^2 + 17t + 84 = 0 or t^2 – 17t – 84 = 0</span>

Factoring out the equation will give us,

<span>   (t – 21)(t + 4) = 0</span>

Thus, t = 21 or t = -4. -4 is an extraneous root. Thus, the answer is t = 21.

<span>Answer: 21 seconds</span>

5 0
3 years ago
Other questions:
  • janelle made a fruit cake using bananas and apples. forty percent of fruits are bananas. if she used a total of 120 fruits, how
    14·2 answers
  • You pay $2.40 for 3/4 pounds of grapes . Your friend buys a pound of grapes at the same time and estimates that he will pay $1.8
    14·1 answer
  • The value of 9 in 456,790.
    6·1 answer
  • Help me please !
    14·2 answers
  • In a recent student body election, Adam received 40 more than 40% of the votes. Brigitte received 40 less
    10·1 answer
  • A and B can separately do a piece of work in 24 days and 16 days respectively. They worked together for 6 days, after which B wa
    5·1 answer
  • ANSWER = MY ETERNAL LOVE determine an equation of the line which is the perpendicular bisector of the segment whose endpoints ar
    12·1 answer
  • Last one, Estimate the perimeter and the area of the shaded figure
    8·1 answer
  • The baseball coach bought 6 new baseballs for $1.20 each. The basketball coach bought 5 new basketballs for $9.10 each. How much
    14·2 answers
  • Guys please help me with this question, I’d appreciate it a lot
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!