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7nadin3 [17]
3 years ago
10

suppose you borrowed $112,500 at 5 1/2 % interest on June 10 for 72 days. your bank uses the exact interest method. Determine th

e amount of interest on the loan?

Mathematics
1 answer:
Mandarinka [93]3 years ago
3 0

Answer:

used an interest calculator

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Ohn has taken out a loan for college. He started paying off the loan with a first payment of $100. Each month he pays, he wants
Gwar [14]

Answer:

Ohn has paid $5730 in first 20 installments

Step-by-step explanation:

As per the question Ohn payed the first installment =$100

Next month Ohn payed the installment = 1.1×$100

Similarly subsequent installment =1.1×1.1×$100

So we can write first 20 installments as

⇒100+100×1.1+100×1.1²+100×1.1³.........+100×1.1^{20}

And we know in geometric series

1+x²+x³+...........x^{20} = (1-x^{n-1})÷(1-x)

Therefore sum of first 20 installments will be

⇒100(1+1.1²+1.1³............1.1^{20} =(1- 1.1^{20})÷(1-1.1)

= 100(1-6.73)÷(-.1)

=100×5.73÷.1

= $5730

So Ohn has paid $5730


7 0
3 years ago
How does the graph of g(x) = (x + 2)^3 − 7 compare to the parent function of f(x) = x^3
pickupchik [31]

Answer:

C

Step-by-step explanation:

The tricky part is always what is in the brackets with the x. It is highly anti intuitive.

(x + 2) moves the graph left, not right as you might think. So from this, only C and D can be considered as answers.

Since the 2 is with the x, that's how many units left you will go -- 2 units.

C is the only possible answer.

The - 7 tells you it will move 7 units down. The 7 with a minus acts the way you think it should. It goes down which is what normally happens on a graph. A mnus number outside the brackets means down.

6 0
3 years ago
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Decreasing 3/4 times a number by 18 is equal to increasing 1/2 times the number by 5.
garik1379 [7]

Answer:

x+16=45

Step-by-step explanation:

3 0
4 years ago
Read 2 more answers
PLEASE HELP WILL MARK BEST!
Veronika [31]

Answer:

I think the answer is 5,000 .

4 0
3 years ago
2x<br> 2x+3x - 20<br> What is the domain
vovangra [49]
There is no domain i believe

5 0
3 years ago
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