All categories

2 years ago

If you take out a $1,000 loan for college at 7% interest, what is the principal?

Mathematics

2 answers:

jonny [76]2 years ago

6 0

Answer:

$1000.

Step-by-step explanation:

We have been given that you you take out a $1,000 loan for college at 7% interest. We are supposed to determine the principal amount.

Since we know that principal amount is the amount of borrowed money excluding the interest.

As you have borrowed an amount of $1000 as loan for college, therefore, principal amount is $1000.

steposvetlana [31]2 years ago

5 0

The principal is the loan amount, $1,000

You might be interested in

The perimeter of a standard-sized rectangular rug is 44 feet. The width is 2 feet

mariarad [96]

Answer:

Step-by-step explanation:

Perimeter of a rectangle = 2(l+b)

Let the length be x

then width = x-2

44 ft = 2(l+b)

44ft = 2(x + x-2)

44ft = 2(2x-2)

44 ft = 4x -4

44+4 = 4x

48 = 4x

x = 48/4 = 12

Length = x = 12

Width = x-2 = 12-2 =10

Length is 12 and width is 10

check if its correct

2(l+b) = 44

2(12+10)=44

2(22) = 44

8 0

1 year ago

Ewkrfmwekosdfgseargfaerfgaerfmwoegm :

REY [17]

Answer:

Ok thats really cool thanks :)

5 0

3 years ago

Solve the inequality for y. y + 4x < -3

Olin [163]

Answer:

$\huge \boxed{y$

Step-by-step explanation:

$y + 4x < -3$

Subtracting 4x from both sides of the inequality.

$y + 4x -4x< -3-4x$

Simplifying the inequality.

$y$

4 0

3 years ago

Evaluate the power. 0.4 2=____

natka813 [3]

Answer:

0.2

Step-by-step explanation:

4 0

3 years ago

Read 2 more answers

WILL GGIVE BRAINLIEST!!!

Citrus2011 [14]

(3x+6)(2x^2), using the distributive property, equals 2x^2*3x+2x^2*6. We multiply the 2 with the coefficients and add a power of x if multiplied by x, getting 6x^3+12x^2

3 0

3 years ago