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kap26 [50]
3 years ago
7

1. Melissa took out a loan of $50,000 with an interest rate of 2.3% for the start-up of the Math Cafe. How much will she owe the

bank if the loan term is for five years? Explain how you got your answer.
Mathematics
1 answer:
77julia77 [94]3 years ago
7 0

Answer:

<em>$55,750 a</em>

Step-by-step explanation:

Given Principal P = $50,000

Rate R = 2.3%

Time T = 5 years

Get the interest first

Simple interest = PRT/100

Simple interest = 50,000*2.3*5/100

Simple interest  = 500*2.3*5

Simple interest  = $5,750

Amount = Principal + Interest

Amount = $50,000 + $5,750

Amount = $55,750

<em>Hence she will owe the bank $55,750 after 5 years</em>

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Which group had the highest percentage of students like Sport.
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The group that had the highest percentage of students that like Sports is  group B.

The group that had the less percentage of students that like English is group A.

the percentage of students like Math in group A is 30% and 10% in group B

<h3>What are the percentages?</h3>

A pie chart is a graph that displays information in a circle. The circle is divided into slices which represent a numerical proportion. The sum of angles in a pie chart is 360 degrees

Percentage of students that like sports in:

  • Group A = [20 / (20 + 15 + 5 + 10)] x 100 = 40%
  • Group B = [22 / (5 + 4 + 9 + 22)] x 100 = 55%

Percentage of students that like English in:

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Percentage of students that like Maths in:

Group A = [15 / (20 + 15 + 5 + 10)] x 100 = 30%
  • Group B = [4 / (5 + 4 + 9 + 22)] x 100 = 10%

To learn more about pie charts, please check: brainly.com/question/26250795

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2 years ago
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3x-8+6x=7
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