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Naddik [55]
3 years ago
12

Joe took out a 5 year loan for 14,700 to buy a new car he has to pay 4.9% simple interest on the loan how much interest will joe

have to pay in 5 years .? Plz help me 23 points plz help and explain
Mathematics
1 answer:
Hoochie [10]3 years ago
5 0

Answer:

Joe pays $3601.50 in interest

Step-by-step explanation:

To find the interest, the formula for simple interest is

I = PRT

where I is the interest

P = Principal  = 14700

R = rate = .049

T = time in years = 5

Substituting in what we know

I = 14700 * (0.049) * 5

  =3601.50

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____________________

to convert hours to hours and minutes we can multiply by 60.

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<u>2</u><u>,</u><u>6</u><u> </u><u>h</u><u>o</u><u>u</u><u>r</u><u>s</u><u> </u><u>=</u><u> </u><u>2</u><u> </u><u>h</u><u>o</u><u>u</u><u>r</u><u>s</u><u> </u><u>3</u><u>6</u><u> </u><u>m</u><u>i</u><u>n</u><u>u</u><u>t</u><u>e</u><u>s</u>

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Triangle ABC is congruent with triangle CDA Find the value of the pronumeral x.
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To rent a certain meeting room, a college charges a reservation fee of $15 and an additional fee of $6 per hour. The chemistry c
Dafna1 [17]

Answer:

To spend at most $93, they need to rent the room less than or equal 13 hours.

Step-by-step explanation:

<u><em>The complete question is</em></u>

To rent a certain meeting room, a college charges a reservation fee of $15 and an additional fee of $6 per hour. The chemistry club wants to spend at most $93 on renting a room. What are the possible numbers of hours the chemistry club could rent the meeting room? Use t for the number of hours. Write your answer as an inequality solved for t,

Let

t ----> the number of hours

we know that

I this problem the word "at most" means "less than or equal to"

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so

The inequality that represent this situation is

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therefore

To spend at most $93, they need to rent the room less than or equal 13 hours.

6 0
3 years ago
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