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2 years ago

Evaluate:

Mathematics

1 answer:

Ivanshal [37]2 years ago

6 0

Answer:the answer is -17

Step-by-step explanation:

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Montoya Construction needs to borrow $375,000 to build a road to install utilities in a small subdivision. It borrows the funds

MissTica

Step 1

Given;

$\begin{gathered} \text{Principal(p)= \$375000} \\ \text{First rate = 8\%=}\frac{8}{100}=0.08 \\ \text{Second rate = 20\%= }\frac{20}{100}=0.2 \\ \text{Time}=\frac{90}{365}=\frac{18}{73} \end{gathered}$

Required; To find the difference in interest between the two periods.

Step 2

State the formula for simple interest

$A=P(1+rt)$

Step 3

Find the interest when the rate is 8%

$\begin{gathered} A=375000(1+(0.08\times\frac{18}{73}) \\ A=375000(1+\frac{36}{1825}) \\ A=\text{\$}382397.26 \end{gathered}$

Therefore the interest is given as;

$A-P=382397.26-375000=\text{\$}7397.26$

Step 4

Find the interest in 1980 with a 20% rate

$\begin{gathered} A=375000(1+(0.2\times\frac{18}{73}) \\ A=\text{\$}393493.15 \end{gathered}$

The interest is given as;

$A-p=393493.15-375000=\text{\$}18493.15\text{ }$

Step 5

Find the difference in interest between the two rates.

$\text{\$}18493.15-\text{\$}7397.26=\text{\$}11095.89$

Hence, the difference in interest between the two rates = $11095.89

4 0

1 year ago

Y = x +4<br> 3x + y = 16

Vesna [10]

Answer:

x= 3 while fo y = 7 that's the answer

5 0

3 years ago

HELP 7TH GRADE I WILL GIVE BRAINLIEST

Feliz [49]

Answer:

Step-by-step explanation:

theres a 90 degree angle and a has a 95 so thats pretty close

5 0

2 years ago

A square garden has area 1764meter find it's length and perimeter<br><br>

Aneli [31]

Answer:

$area \: of \: a \: squre = {a}^{2} \\ {a}^{2} = 176 \\ a = 13.26m \\ perimeter = 4a = 4 \times 13.26 = 53.04m^2 \\ thank \: you$

5 0

2 years ago

Read 2 more answers

Do the ratios 3/4 and 6/8 form a proportion

arlik [135]

Answer:

Yes

Step-by-step explanation:

A proportion is an equation with a ratio on each side. And when you reduce 6/8 to the lowest form, it is 3/4

3 0

2 years ago