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Virty [35]
3 years ago
6

John borrowed $150,500 to start up his business. He borrowed the money at a 7.75% simple

Mathematics
1 answer:
zalisa [80]3 years ago
6 0

Answer:

John have to pay back $23,327.50 at the end of two years

Step-by-step explanation:

Simple Interest (I) = (PRT) ÷ 100

where P = Principal, R = Rate, T= Time

I = ($150500 × 7.75 × 2) ÷ 100

I = ($2332750) ÷ 100

I = $23,327.50

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Graph the equation to solve the system. y=2x+7 1/2y=x+7/2
vlabodo [156]

Given equation is y=2x+7 and \frac{1}{2}y=x+\frac{7}{2}

Let's simplify the 2nd equation \frac{1}{2}y=x+\frac{7}{2} before we can start graph so that calculation will be easy

\frac{1}{2}y=x+\frac{7}{2}

multiply both sides by 2 to cancel out fractions

2*\frac{1}{2}y=2*x+2*\frac{7}{2}

y=2x+7

which is exactly same as the first equatoin so graph of both will be exactly same and solution will be infinitely many solutions.

y=2x+7 has y-intercept 7 so first point will be (0,7). Slope is 2 so rise 2 unit up then 1 right and graph the new point.


3 0
3 years ago
There are 5,280 feet in a mile. If a cloud is 5.3 miles above the
Ivenika [448]

Answer:

996.2

Explanation:

There are 5,280 feet in a mile. If a cloud is 5.3 miles above the

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7 0
3 years ago
What does the fact that the expressions are equivalent mean?
NNADVOKAT [17]

Answer:

The fact that the expressions are equivalent means that for any value of the variables, the two expressions have the same solution.

Step-by-step explanation:

3 0
2 years ago
What is the price of a $1,000 face value bond if the quoted price is 102.1? $102.10 $1,021.00 $1,020.01 $1,002.10 $1,020.10?
dusya [7]
Given that the par value of the bond is $1000 and the quoted price is $102.1, then the price of the bond will be:
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Answer: $102.1

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There are 3.5 times as many cats as there are dogs. If there are 28 dogs, how many cats are there?
Rus_ich [418]

Answer:98 I believe

Step-by-step explanation:

5 0
3 years ago
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