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dimulka [17.4K]
3 years ago
9

What is the interest on a loan of $7,850 that is borrowed at 6.55% for 18 months?

Mathematics
2 answers:
Flauer [41]3 years ago
7 0

Answer:

{ \tt{simple \: interest = }} \\ { \tt principle \times rate \times period}\\  \\  = 7850 \times 6.55\% \times 18 \\ { \tt{interest = 925515 \: dollars}}

DochEvi [55]3 years ago
4 0

Answer:

$925,515

Step-by-step explanation:

multiply 7850 by 131/ 20 because 6.55 as a fraction is 131/20 and then multiply it by 18 and divide it by 20 which is the denominator of 131/20

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2 years ago
Hometown​ Grocery, Inc. has 50 comma 000 shares of common stock outstanding and 4 comma 000 shares of preferred stock outstandin
Anit [1.1K]

Answer:

$0.36 per share

Step-by-step explanation:

The data provided in the question are as follows

Common stock outstanding = 50,000 shares

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Total dividend payment declared = $54,000

So, the amount of dividend for each share of common stock is

= (Total dividend payment declared - Preferred stock outstanding × interest rate × par value) ÷ (common stock outstanding)

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3 years ago
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prohojiy [21]

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Step-by-step explanation:

5 0
1 year ago
Given f(x) = x ^ 2 - 6x + 8 and g(x) = x + 2 solve f(x) = g(x) . Use the tables below to help you, but please explain how you ca
Travka [436]

Answer:

see explanation

Step-by-step explanation:

Given

f(x) = x² - 6x + 8 and g(x) = x + 2

To solve f(x) = g(x), equate the right sides, that is

x² - 6x + 8 = x + 2 ← subtract x + 2 from both sides

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(x - 1)(x - 6) = 0 ← in factored form

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These solutions can be verified from the tables, that is

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4 0
3 years ago
In parallelogram FGHJ if m∡ GHJ=55˚ find m∡FGH
hodyreva [135]

Answer:

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Step-by-step explanation:

The consecutive angles in a parallelogram are supplementary, then

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∠ FGH  + 55° = 180° ( subtract 55° from both sides )

∠ FGH = 125°

4 0
2 years ago
Read 2 more answers
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