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MrRissso [65]
3 years ago
11

a company borrowed 25,000 and was charges 3.5% and was charged 2,625 in interet...how long was it before the company repaid the

money
Mathematics
1 answer:
Sladkaya [172]3 years ago
7 0
We'll have to assume that interest is charged annually.

interest = i = p*r*t, where p is the initial amount ($25000), r is the annual interest rate as a decimal fraction, and t is the length of time, in years.

Then  $2625 = $25000*0.035*t.  Solve for t:

$2625
------------ = 0.035t   =  0.105.  Dividing both sides by 0.035, we get
$25000

t = 3 years (answer)
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If your net worth is 50,000 and you pay off your student loan from your savings account how will your net worth statement be aff
Zinaida [17]
You net worth will decrease because you’re paying a loan from the money that you have. While your net worth decreases your liabilities will decrease because you will no longer have a loan to pay for.
5 0
3 years ago
Joshua Treet had a $400.00 average monthly expenditure for entertainment during the second quarter of the year. He spent $401.50
irga5000 [103]
First, the formula for the average of a data set must be defined. It is calculated by adding all the numbers in the data set and then dividing the sum by the number of data. In this case, the average is set to be equal to $400 with the total number of data being 3, with the September expenditure set as an unknown, x. The equation is then set-up to be: 400 = (401.5 + 250 + x)/3. Thus, Joshua can spend as much as $ 548.5 to be able to have the same average as in his second quarter expenditure. 
4 0
3 years ago
Suppose that in a senior college class of 500 students itis found that 210 smoke, 258 drink alcoholic beverages, 216 eatbetween
Katarina [22]

Answer:

a)Smoke but doesn't drink alcoholic beverages

P=0.176  or 17.6%

b)eats between meals and drinks alcoholic beverages but doesn't smoke

P=0.062  or 6.2%

c.) neither smokes nor eats between meals

P=0.342  or 34.2%

Step-by-step explanation:

Using a Venn diagram with three circles, one for each bad health habit. Let us a for the students that only smoke, b for only drink alcoholic beverages, and c for only eat between meals. Following this logic, d represents smoke and drink alcoholic beverages but not eat between meals,  e drink alcoholic beverages and eat between meals but not smoke,f eat between meals and smoke but not drink alcoholic beverages. Finally g for having all the three, this means g=52.

To find f, subtract 52 (the three problems) from 97 because this last number represents all the students that smoke and eat between meals, including the students that have the three bad habits. The same goes for 'd' and 'e'.

f=97-52=45

e=83-52=31

d=122-52=70

To find a, subtract e, f, and g from the total of smokers. This is because e, f, and g represent smoke and at least another bad habit and a represents only smoking.

a=210-d-f-g=210-70-45-52=43

The same goes for b and c.

b=258-d-e-g=258-70-31-52=105

c=216-e-f.-g=216-31-45-52=88

Adding all letters and subtract from the total to see if there is any healthy student:

500-a+b+c+d+e+f+g =500-43+105+88+70+31+45+52=500- 434=66

a)Smoke but doesn't drink alcoholic beverages

This will be 'a' (only smokes) and 'f'  ( smokes and eats between meals but doesn't drink) divided by the total of students.

P=(43+45)/500=0.176

b)eats between meals and drinks alcoholic beverages but doesn't smoke

This probability is 'e' divided by the total of students.

P=31/500=0.062

c.) neither smokes nor eats between meals

This will be 'b' (only drinks) plus the healthy students (66) divided by the total of students.

P=(105+66)/500=0.342

5 0
3 years ago
What is the volume of the figure below?
Alja [10]

Answer:

312

Step-by-step explanation:

Volume of the parallalelepiped:

base x width x height

V = 5 x 4 x 12 = 240

for triangular prism:

base = 8-5 = 3

base area = (base x height)/2 = (3x4)/2 = 6

V = base area x 12

V = 6 x 12 = 72

Total volume = 240 + 72 = 312

7 0
3 years ago
Four tenths is equivalent to how many hundredths
snow_tiger [21]
Forty hundredths. 

Hope that helped. 

7 0
3 years ago
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