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Kobotan [32]
4 years ago
13

$720 , 4.25% , 3 months find the simple interest

Mathematics
1 answer:
irakobra [83]4 years ago
3 0

Answer:

let

i= simple interest

p= principal

t= time

r=rate

data given

p=$720

r=4.25%

t= 3months

i=?

from the formula

i=prt

i=$720×(4.25/100)×3

i=$720×0.0425×3

i=$91.8

therefore simple interest for 3 months is $91.8

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Oh sorry I understand now. The answer is it would decrease by 25%. Hope this finally helps hahaha. Have a nice day
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3 years ago
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If the purchase price for a house is $218,500, what is the monthly payment if you put 3.5% down for a 30 year loan with a
sashaice [31]

Answer:

218,500 - (3.5% down payment) =

210,852.50

30 years = 360 months

rate 6.5%

Use the loan payment formula (REALLY complex - see attached).

rate = 6.5/1,200 = 0.005416667

monthly payment = (rate + [rate / (((1 + rate)^months) -1)] * principal

monthly payment = (0.005416667 + [0.005416667 / (((1.005416667)^360)-1)] * principal

monthly payment = (0.005416667 + [0.005416667 / (((1.005416667)^360)-1)] * principal

monthly payment = 0.005416667 + [(0.005416667 / 6.9917988084 -1)] *  210,852.50

monthly payment = 0.005416667 + [(0.005416667 / 5.9917988084)] *  210,852.50

monthly payment = 0.005416667 + [(0.005416667 / 5.9917988084)] *  210,852.50

monthly payment = (0.005416667 + 0.0009040135) * 210,852.50

monthly payment = 0.0063206805 * 210,852.50

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Answer is a.

3 0
3 years ago
Read 2 more answers
Which expression is the same as 1/5 of 7?
taurus [48]

Answer:

.1/7of 5

Step-by-step explanation:

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7 0
3 years ago
The frequency of G5 is 783.99 Hz. What is the frequency of the note that is a perfect fifth above G5?
Dmitry [639]
<span>Give that </span>t<span>he frequency of G5 is 783.99 Hz.
To find the frequency of the note that is a perfect fifth above G5, we recall that </span>the frequencies of notes that are a 'perfect' fifth apart are in the ratio of 1.5

i.e. <span>the frequency of the note that is a perfect fifth above G5 divided by </span><span>t<span>he frequency of G5 equal 1.5

Let the </span></span><span><span>frequency of the note that is a perfect fifth above G5 be F, then
F / </span>783.99 = 1.5
F = 1.5 x 783.99 = 1175.99

Therefore, </span>the <span>frequency of the note that is a perfect fifth above G5</span> is 1175.99 Hz
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