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
mixer [17]
3 years ago
6

Ella is Bono motorcycle and he’s taking out a loan in the amount of $15,000 her choice is for the loan or a 36 month loan at 6.5

0% annual simple interest and 48 month loan at 7.50 annual simple interest what is the difference in the amount of interest Ella would have to pay for these two loans
Mathematics
1 answer:
klemol [59]3 years ago
4 0

Answer:

Step-by-step explanation:

Step-by-step explanation:

The formula for simple interest is expressed as

I = PRT/100

Where

P represents the principal

R represents interest rate

T represents time in years

I = interest after t years

Considering the 36-month loan,

T = 36 months = 36/12 = 3 years

P = $15000

R = 6.5%

Therefore

I = (15000 × 6.5 × 3)/100

I = 292500/100

I = $2925

Considering the 48-month loan loan,

T = 48 months = 48/12 = 4 years

P = $15000

R = 7.5%

Therefore

I = (15000 × 7.5 × 4)/100

I = 450000/100

I = $4500

The difference in the amount of interest Ella would have to pay for these two loans is

4500 - 2925 = $1575

You might be interested in
An electrician charges $40 per visit, and $20 per hour of work. On a particular day, he made 3 visits and calculated that his av
saw5 [17]

Answer:

  4 hours

Step-by-step explanation:

For three visits, the electrician earned $40 × 3 = $120 in "per-visit" charges. For working x hours, he earned 20x in "per-hour" charges. The total of these came to 50x:

  120 +20x = 50x

  120 = 30x . . . . . . . . subtract 20x

  4 = x . . . . . . . . . . . . . divide by 30

The electrician worked 4 hours that day.

3 0
3 years ago
A blue die and a red die are thrown. B is the event that the blue comes up with a 6. E is the event that both dice come up even.
iVinArrow [24]

Answer:

Size of |E n B| = 2

Size of |B| = 1

Step-by-step explanation:

<em>I'll assume both die are 6 sides</em>

Given

Blue die and Red Die

Required

Sizes of sets

- |E\ n\ B|

- |B|

The question stated the following;

B = Event that blue die comes up with 6

E = Event that both dice come even

So first; we'll list out the sample space of both events

B = \{6\}

E = \{2,4,6\}

Calculating the size of |E n B|

|E n B| = \{2,4,6\}\ n\ \{6\}

|E n B| = \{2,4,6\}

<em>The size = 3 because it contains 3 possible outcomes</em>

Calculating the size of |B|

B = \{6\}

<em>The size = 1 because it contains 1 possible outcome</em>

8 0
3 years ago
Can the lengths 15 cm, 4 cm, and the square root of 209 cm make a right triangle?
Dimas [21]

Answer: Yes they can

Step-by-step explanation:

Use Pythagoras rule c²=b²+a²

b²=209

c²=15²=225

a²=4²=16

209+16=225

6 0
3 years ago
The equation of a line is given below . 6x+2y =-18 find the x intercept and the y intercept
vova2212 [387]

Answer: x intercept is -3

y intercept is -9

Step-by-step explanation: 6(0) = 2y=-18, divide both sides by 2, get -9 as a y intercept

6x+2(0)=-18

divide both sides by 6, and get -3 as an x intercept

6 0
3 years ago
=<br> Given f(x) 2x3 + kx + 6, and x + 2 is<br> a factor of f(x), then what is the value of k?
FinnZ [79.3K]

Answer:

Look

Step-by-step explanation:

best solution is ask ur mom

7 0
2 years ago
Other questions:
  • Casseia borrows $1,100 to buy new furniture for her dorm room. If the simple interest rate is 4.5%, how much interest will she h
    7·1 answer
  • The video store sold 5 movies for 12 dollars if 20 movies are sold how many dollars will be earned​
    12·1 answer
  • Find the Quotient. please help me<br><br> 4)5,389
    14·1 answer
  • I need to to how to do this
    6·1 answer
  • Noah was paid a 25% commission of selling a used car if she was paid 1631.24 dollars what was the selling price of the car
    6·2 answers
  • A random sample of 146 recent donations at a certain blood bank reveals that 81 were type A blood. Does this suggest that the ac
    13·1 answer
  • Help pls and thank you! :))
    9·2 answers
  • The map shows the distance in air miles from City A to both City B and City C.
    11·1 answer
  • PLEASE HELP!!!<br> ANSWER ALL 4
    10·2 answers
  • 12x + 2y =6a. solve for yb. what is the slope and what is the y-intercept?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!