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Verizon [17]
3 years ago
10

East coast bank of america made a loan at 9.75% interest for 254 days. if the amount of interest was $270.50, use the exact inte

rest method to find the amount of principal borrowed. (round to the nearest whole dollar amount)
Mathematics
1 answer:
Ray Of Light [21]3 years ago
7 0

Answer:

$3,986.77

Step-by-step explanation:

Data provided in the question:

Interest rate = 9.75% = 0.0975

Time = 254 days = \frac{254}{365} = 0.6959

Amount of interest = $270.50

Now,

Interest Amount = Principle × Rate of interest × Time

or

$270.50 = Principle × 0.0975 × 0.6959

or

$270.50 = Principle × 0.06785

or

Principle = $3,986.77

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C). The local bus service has 2 lines of buses that start together at 8
jok3333 [9.3K]

Answer:

3 times

Step-by-step explanation:

Firstly we calculate the number of minutes between 8 and 11 am

The number of hours is 3 hours

The number of minutes is 180 minutes since 1 hour is 60 minutes

Now out of 180, to know the number of times that they both leave, we need to get the multiples of both between 0 and 180

The multiples are;

60, 120, 180

This means that they leave together 3 times

8 0
3 years ago
If Hillary spent a total of 4 hours and 35 minutes studying for her Final, how much time, in minutes, did Claudio spend studying
Maru [420]

Hillary spent a total of 275 minutes studying for his Final.

What is unit conversion ?

When a unit conversion is performed, the same property is expressed in a different unit of measurement.

Here it is given that :

Hillary spent a total of 4 hours and 35 minutes studying for her Final

We known that :

1 hours equals 60 minutes

then,

4 hours and 35 minutes will be equals to = 4x60 + 35

                                                                    = 240 + 35

                                                                    = 275 minutes

Therefore, Hillary spent a total of 275 minutes studying for his Final.

Learn more on conversion of units here;

brainly.com/question/340715

#SPJ1

6 0
1 year ago
I have to find the area
Alina [70]
The formula for finding the area of a triangle is: base*height*1/2
So, if we use this information....
4.2*5.5*1/2=11.55
Area=11.55
4 0
3 years ago
Read 2 more answers
Write the equation of the circle graphed below
Norma-Jean [14]

Answer:

The equation of the circle is

(x + 2)² + (y + 2)² = 9

Centered at (-2, -2), with radius of 3 units.

Step-by-step explanation:

The general equation of a circle is given as

(x - h)² + (y - k)² = r²

Where (h, k) is the center of the circle, and r is the radius.

Looking at the graph, the center is the red dot. It corresponds to -2 on the y-axis, and -2 on the x-axis. So, the center (h, k) is (-2, -2).

The radius is the distance from the center of the circle to the edge of the circle. The red dot is the edge of the circle, there are 3 lines that represent 3 units, so we have a radius of 3 units.

Using these in the general equation, we have

[x - (-2)]² + [y - (-2)]² = 3²

(x + 2)² + (y + 2)² = 9

And this is the equation.

6 0
3 years ago
The price of commodity a is 4500 and increases at the rate of $6 every three months. Commodity b costs $5400 and increases at ra
ivanzaharov [21]
Let x be the months and y be the cost.

Rate of increase of commodity A = 6/3 = $2 per month
Equation:
y = 2x + 4500

Rate of increase of commodity B = 2/4 = $0.5 per month
Equation:
y = 0.5x + 5400

Equating the costs,
2x + 4500 = 0.5x + 5400
1.5x = 900
x = 600 months
x = 600 / 12 = 50 years
5 0
4 years ago
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