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3 years ago

At the end of 8 years, Anna paid $400 interest for a loan. If the simple annual interest rate was 4%, how much did Anna borrow?

Mathematics

2 answers:

telo118 [61]3 years ago

8 0

Answer:

a mai no chi chi a haha acados

Step-by-step explanation:i stepped on chi chi and haha a lot

thank you dad no mortal can stop!

Valentin [98]3 years ago

4 0

Answer:

$1,250

Step-by-step explanation:

You can find the answer using the following formula:

i = Prn

i= interest= $400

P= principal

r= rate of interest=0.04

t= time periods= 8

You can replace the values you have in the formula and then, isolate P:

400= P*0.04*8

400=P*0.32

P= 400/0.32

P= 1250

According to this, the answer is that Anna borrowed $1,250.

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Read 2 more answers

Ray has found that his new car gets 31 miles per gallon on the highwayand 26 miles per gallon in the city. He recently drove 285

Mkey [24]

Answer:

$Highway = 155\ miles$

$City = 130\ miles$

Step-by-step explanation:

Given

$Highway = 31mi/gallon$

$City = 26mi/gallon$

$Total\ Miles = 285$

$Total\ Gallons = 10$

Required

Determine the number of miles driven on the highway and on the city

Represent the gallons used on highway with h and on city with c.

So, we have:

$c + h = 10$ ---- gallons used

and

$31h + 26c = 285$ --- distance travelled

In the first equation, make c the subject

$c = 10 - h$

Substitute 10 - h for c in the second equation

$31h + 26c = 285$

$31h + 26(10 - h) = 285$

Open bracket

$31h + 260 - 26h = 285$

Collect like terms

$31h - 26h = 285 - 260$

$5h = 25$

Make h the subject

$h = \frac{25}{5}$

$h = 5$

Substitute 5 for h in $c = 10 - h$

$c = 10 - 5$

$c = 5$

If on the highway, he travels 31 miles per gallon, then his distance on the highway is:

$Highway = 31 * 5$

$Highway = 155\ miles$

If in the highway, he travels 26 miles per gallon, then his distance on the highway is:

$City = 26 * 5$

$City = 130\ miles$

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