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kompoz [17]
3 years ago
13

John applied for a loan of $5,000.00 with an annual interest rate of 3% to be repaid monthly for a year. The loan terms include

a processing fee of 0.1% of the loan amount and a quarterly administrative charge of 0.05% of the loan amount. What is the total cost of financing?​
Mathematics
1 answer:
PSYCHO15rus [73]3 years ago
7 0

Answer:

Enter the amount of money you are investing. Start Year. Enter the year in which the money was first invested. End Year. Enter the future year on which you want to base your calculation. Annual Interest Rate. Enter the annual compound interest rate you expect to earn on the investment. The default value (2.0%) equals the rate currently paid on five-year Guaranteed Investment Certificates

Step-by-step explanation:

You might be interested in
What is the scale factor very urgent
alisha [4.7K]

Answer:

The scale factor of the triangle if of 3.

Step-by-step explanation:

All you have to do is use figure A and either multiply or divide by a number to get figure B. In this case, the straight vertical side of Figure A is 6 units, and the straight vertical side of Figure B is 2. So 6 divided by 2 is 3. That means that the scale factor of the triangle is of 3. The triangle contracted it's size by 3.  

4 0
3 years ago
Mike can stitch 7 shirts in 42 hours. he can stitch 1 shirt in how many hours, and in 1 hour he can stitch how much of a shirt.
podryga [215]

Answer:

Mike can stitch one shirt in 6 hours and in 1 hour he can stitch \frac{1}{6} (0.167) shirts.

Step-by-step explanation:

Mike can stitch 7 shirts in 42 hours

to calculate the time that he takes to make 1 shirt, we have to divide 42 by 7.

He can stitch 1 shirt in = \frac{42}{7} = 6 hours

Now we calculate the work done in one hour.

He can stitch in 1 hour = \frac{1}{6}  shirts or 0.167 shirts

Mike can stitch one shirt in 6 hours and in 1 hour he can stitch \frac{1}{6} shirts.

5 0
3 years ago
HELP!
konstantin123 [22]

Answer:

1.  10 square yards

2.  $9.10

3.  36 girls

4.  20 cherries

5.  159 bracelets

Step-by-step explanation:

1.

The area of this figure would be the area of the SQUARE minus the area of the RECTANGLE (taken out).

The middle part is taken out (this is a rectangle).

View this as a square with sides 4 by 4 with a rectangle portion taken out. So the area can be said as:

Area = Area of Whole Square - Area of Middle Rectangle Taken Out

Lets calculate:

Area of Whole Square:

side * side = 4 * 4 = 16

Now,

Area of Middle Rectangle Taken Out:

Length * Width

The length is given as 3

The width would be 4 - two 1 from two sides, that is 4 - 1 - 1 = 2

So, area = 3 * 2 = 6

Area of figure = 16 - 6 = 10 square yards

2.

We have to find 20% of the bill.

The bill was 45.50 and we have to find 20% of 45.50.

We first convert percentage to decimal by dividing by 100:

20% = 20/100 = 0.20

Now we multiply this decimal with the bill to get our desired answer:

0.20 * 45.50 = $9.10

The tip is $9.10

3.

The ratio of boys (b) to girls (g) would be 2 is to 3.

There are 24 boys.

We can set up a ratio (fraction) with boys on top and girls on bottom.

Then we equate it with actual number of boys and girls (let it be g). So the ratio set-up would be:

\frac{2}{3}=\frac{24}{g}

To solve for g, the number of girls, we have to cross multiply and use algebra to solve. The process is shown below:

\frac{2}{3}=\frac{24}{g}\\2*g = 24*3\\2g=72\\g=\frac{72}{2}\\g=36

There are 36 girls in sixth grade

4.

For every "9" lemon, there are "4" cherries.

There are 45 lemons

If we think of "9" lemons as a "box", how many boxes of lemons are there?

45/9 = 5

Similarly, there would be "5" boxes of cherries. But there are "4" cherries per box. So there are:

4 * 5 = 20 cherries

We can also set up a ratio of cherry to lemon as 4 is to 9 and equate it with actual cherries (let it be "c") and lemons (45). Cross multiply and use algebra to solve for cherries ("c"). Algebra process shown below:

\frac{Cherries}{Lemons}=\frac{4}{9}=\frac{c}{45}\\9*c=4*45\\9c=180\\c=\frac{180}{9}\\c=20

See, we have the same answer, 20 cherries!

5.

Number sold total = 14 + 27 + 45 = 86

She still has 73 in her stock

So, she basically started with whatever she now has (73) and whatever she has sold the 3 days (86), that would be:

73 + 86 = 159 bracelets

Tia started with 159 bracelets

4 0
3 years ago
A bottle of perfume is spherical with a diameter of 36 mm.
Dafna11 [192]

24.4 mL

By converting mm to cm, we get

1 mm = 1/10 cm

18 mm = 18/10 cm

radius (r) = 1.8 cm

To find the volume,

Volume of sphere = 4/3πr3

= 4/3π(1.8)3

Volume = 24.4 cm3

To find the capacity,

1 cm3 = 1 mL

Capacity = 24.4 mL

7 0
2 years ago
PLEASE HELP ME PLEASE HELP ME WITH MY MATH
ryzh [129]
A. I would estimate that 7 in of the ribbon
B. the estimate would be high because the longer the ribbon is the more of the ribbon would have to be cut.
C. 11.7 - 5.25 = 6.45 iris has to cut 6.45 off the longer ribbon for the ribbons to be the same length.
5 0
3 years ago
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