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Olenka [21]
3 years ago
14

A $3,500 loan, taken now, with a simple interest rate of 5% per year, will require a total repayment of $3,850. At what time t w

ill the loan mature?
Mathematics
2 answers:
Alecsey [184]3 years ago
5 0

Answer:

Roughly 2 years

Step-by-step explanation:

3500(1.05)^t=3850

(1.05)^t=1.1

t=1.953

So roughly 2 years

Lapatulllka [165]3 years ago
5 0

i think this is it?

The simple annual interest formula shows the interest charged on a loan.

To solve follow the formula - I = Prt

P is the principle, r is the annual interest in decimal form and t is the loan period.

I = ?

P principle = 3500

R interest rate = 0.05

T time 1 year

I=3,500×0.05×1

I=175

The answer is $175, so the amount of interest charged on the loan in one year is $175.

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Caleb borrowed $1500 from his aunt. He plans to pay his aunt back in 9 months. If he
sergeinik [125]

Answer:

A = $1,545.00

(I = A - P = $45.00)

Equation:

A = P(1 + rt)

Explanation:

First, converting R percent to r a decimal

r = R/100 = 4%/100 = 0.04 per year.

Putting time into years for simplicity,

9 months / 12 months/year = 0.75 years.

Solving our equation:

A = 1500(1 + (0.04 × 0.75)) = 1545

A = $1,545.00

The total amount accrued, principal plus interest, from simple interest on a principal of $1,500.00 at a rate of 4% per year for 0.75 years (9 months) is $1,545.00.

4 0
3 years ago
five hotdogs cost $1.80.Each hotdog cost the same amount.What is the cost per hotdog in dollars and cents
earnstyle [38]

Answer:

$0.36

Step-by-step explanation:

3 0
3 years ago
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Click on the graphic to select the figure that would make the following a reflection in line k
Roman55 [17]

I remember answering the same question, but you didn't attach any photos. But I remember that the answer is the first one.

I hope I helped. Stay safe and God bless!

- Eli <3

6 0
3 years ago
I’m confused on this one
kvv77 [185]
The answer is 42.

The question is asking for angle N. We know from the question that angle N is equal to angle E (Don't think about the scale factor because it only applies to the sides. They're just trying to trick you).

To find angle E:
79 + 6x + 11  + 7x - 14 = 180
Move numbers to the right side:
6x + 7x = 180 - 79 - 11 + 14
Combine like terms:
13x = 104
Divide both sides by 13:
x = 8
The formula for angle E:
7x - 14
Plug in the 8:
7 \times 8 - 14 = 56 - 14 = 42
The angle measure of E is 42. So angle N is automatically 42 too.

To solidify, we can try to use the formula which they give us for angle N:
3x + 18 = 24 + 18 = 42
8 0
3 years ago
Sarah plans to sell homemade birdhouses at the local craft fair. She spent $90 on new tools and estimates that she spends $6 in
Lapatulllka [165]
Answer: C
Y=90+6x/x

90 new tools + 6 dollars (x) over x dollars
5 0
3 years ago
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