1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
avanturin [10]
3 years ago
15

Henry borrowed $770 from his friend at 6.875% simple annual interest for 8 months. What is the total amount that Henry will repa

y? Round your answer to the nearest cent.
$35.29
$805.29
$805.30
$822.93
$822.97
None of the above.
Mathematics
1 answer:
tester [92]3 years ago
4 0

The total amount to be repaid is equal to $949.66

Step-by-step explanation:

Simple interest is a type of interest that is usually applied on short term loans, where when a payment is made towards this kind of interest the payment first goes towards monthly interest, and then the remainder is reverted towards the principal.

FORMULA FOR CALCULATING SIMPLE INTEREST =

Here principal = $922

        interest rate = 6%

        time period = 6 months (when made per annum it will be 6/12)

SIMPLE INTEREST IS EQUAL TO $27.66

The total amount that is to be repaid is equal to

  PRINCIPAL + SIMPLE INTEREST

= $922 + $27.66

= $949.66

You might be interested in
Use Gaussian elimination to find the complete solution to the system of equations, or state that none exists.
son4ous [18]
Using Gaussian elimination:
x + y + z = 9  / * ( - 2 )    / ( - 1 ) ( we will multiply by - 2 and add to the 2nd         2 x - 3 y + 4 z = 7      equation and multiply by - 1 and add to the 3rd equation ) 
x - 4 y + 3 z = - 2
-----------------------------
x + y + z = 9
    - 5 y + 2 z = - 11  / * ( - 1 )
    - 5 y + 2 z = - 11
---------------------------
x + y + z = 9
   - 5 y + 2 z = - 11
              0 z = 0
There are infinitely many solutions to the system of equations.
z = t,
- 5 y + 2 t = - 11
5 y = 11 + 2 t
y = ( 11 + 2 t ) / 2
x + ( 11 + 2 t ) / 2  + t = 9    / * 2
2 x + 11 + 2 t + 2 t = 18
2 x = 18 - 11 - 4 t
x = ( 7 - 4 t ) / 2
( x, y , z ) = (   (7 - 4 t ) / 2,   ( 11 + 2 t ) / 2,    t  )
4 0
4 years ago
One cup holds 100 grams of sugar. How many cups will hold half a kilogram of sugar?
vitfil [10]

Answer:

5 cups

Step-by-step explanation:

1 kilogram is 1000 grams

1/2 of a kilogram is 500 grams

7 0
3 years ago
Read 2 more answers
Find the greatest possible error for each measurement.
exis [7]
I think it is d I am not sure but i guess it's D
7 0
4 years ago
A company manufactures 295 toy car each day. How many toy cars dose the company manufacture in 34 days?
exis [7]

295 X 34 = 10030 <== Cars in 34 days

3 0
3 years ago
Read 2 more answers
PLEASE EXPLAIN BECAUSE A GIRL IS COMPLETELY LOST HERE
Afina-wow [57]

Hello!


To find the value of b, we need to use the Law of Sines. The law states,

sin A / a = sin B / b = sin C / c.


We are given these values: sin A = 55 degrees, side a = 8 cm, sin C = 82 degrees.


Since angle B is not given, we have to find it ourselves. We can find the measure of angle B by subtracting both the given angle values from 180 degrees because every triangle is equal to 180 degrees.


180 - 55 - 82 = 43 | The measure of sin B = 43 degrees.


sin (55) / 8 = sin (43) / b (multiply both sides by b)

0.10239... · b = 0.68199... (divide both sides by 0.10239...)

c = 6.6607...


The measure of side b is equal to about 6.7 centimeters.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Your party is expected to have 20 people including you. Each person gets one fork and one spoon. There are 6 spoons in one packa
    12·1 answer
  • In ΔQRS, the measure of ∠S=90°, the measure of ∠Q=29°, and RS = 83 feet. Find the length of SQ to the nearest tenth of a foot.
    11·1 answer
  • Find the Area of the triangle.
    5·2 answers
  • A cement bridge post is 24 inches square and 15 feet 9 inches in length. If the cement weighs 145 pounds per cubic foot, how muc
    9·1 answer
  • What’s the answer to this?
    10·1 answer
  • Please help if the answer is right I will give brainliest. Simplify the radical
    11·1 answer
  • Any suggestions for concentrating on schoolwork?<br> Don't answer unless you have serious advice
    8·2 answers
  • Ashlee worked 1,944 hours last year. She earned $14 for each hour she worked. She wants to use her earnings to buy a new vehicle
    11·1 answer
  • 49. 5 is what percent of 33?
    12·2 answers
  • Kylie is 59.54 inches tall. Her friend Adam is 1.37 inch taller than she is. How tall is
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!