1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kupik [55]
3 years ago
13

The office manager of First Tech Support borrowed $25,000 to purchase new computers for employees. The bank charges 6 percent in

terest for 4 years. How much interest will the company pay in all?
Mathematics
1 answer:
Travka [436]3 years ago
7 0

Given:

Amount borrowed (P)= $25000

Rate of interest (r)= 6%

Time (t)= 4 years.

To find:

The total interest the company pay in all.

Solution:

We know that,

A=P(1+r)^t

where, A is amount, P is principal, r is rate of interest and t is time period.

A=25000(1+\dfrac{6}{100})^4

A=25000(1.06)^4

A=25000(1.26247696)

A=31561.924


Now,

I=A-P

I=31561.924-25000

I=6561.924

Therefore, the total interest is $6561.924.

You might be interested in
PLS HELPS ME!!!!!!!!!!!!
777dan777 [17]

Answer:

Step-by-step explanation:

<em>1).</em>

(a). Yes, the graph is linear.

(b). Rate of change is a slope m, m = (60 - 80) / (10 - 0) = - 2

<em>2).</em> Graph is not proportional, because y-intercept is (0, 80) and not (0, 0)

5 0
3 years ago
Write a recursive rule for the sequence.<br> 5. – 20, 80, 320, 1280,
ElenaW [278]

Step-by-step explanation:

the answer is in the image above

8 0
3 years ago
Farmer Ted bales large round bales of hay to store in his barn for winter feeding. How much hay is in a round bale, in terms of
NNADVOKAT [17]

Answer:

20π ft³

Step-by-step explanation:

I just did it on the USATestprep

8 0
3 years ago
Simplify: 12 + 2 x 3 + ( 43 - 12)<br> 68<br> 54<br> 70<br> 18
Stolb23 [73]
I got 49 hope that will help.
4 0
3 years ago
Help me pls i’ll give brainliest to whoever is right!
Whitepunk [10]

Answer:

M=10

Step-by-step explanation:

Hope this helped :3

it was hard to describe it typed so I drew it on the picture.

to find slope:

(x2-x1) / (y2 - y1)

here a website to help you find slope a little better :3

https://www.omnicalculator.com/math/slope

7 0
3 years ago
Other questions:
  • Write the quadratic equation whose roots are
    6·1 answer
  • 11, 16, 12, 7, 23, 9, 5, 5 What is the median of the data?
    8·2 answers
  • 5X23X2 using properties to find the sum or product
    8·1 answer
  • 1. Elana spent 45 minutes at the library, half an hour at the grocery
    8·2 answers
  • Max received a gift certificate at the Book Barn, so he decided to give away the books that he read. He divided the books evenly
    10·1 answer
  • Free coins- 1) what is 2+2?
    15·2 answers
  • Which term is a perfect square of the root 3x4?<br>​
    11·2 answers
  • Microscope slide shows 37 red blood cells out of 60 blood cells how many red blood cells would be expected in a sample of the sa
    15·1 answer
  • The intersection of two planes contains at least two points
    13·1 answer
  • Can someone please help me with this?? I NEED THIS ASAP
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!