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dimulka [17.4K]
2 years ago
9

I will give brainiest to whoever answers correctly !!

Mathematics
1 answer:
Karo-lina-s [1.5K]2 years ago
7 0

Answer:

Step-by-step explanation:

a) The interest generated over the 9 months is how much the woman paid for use of the money, then:

I=C.t.i\\C=3000\\t=9\\i=3.5%=0.035\\I=3000.9.0.035=945\\I=945

Therefore , the woman paid $945 for the use of the money.

b) The total amount that she repaid the bank is:

C_{t} =C+I=3000+945=3945\\C_{t} =3945

Finally we have that the woman paid $3945 to the bank

PLEASE MARK ME AS BRAINLIEST

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Answer ASAP pls pls
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D be the correct answer
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3 years ago
Kenneth loaned $1,200 to his niece to buy a computer. Two years later, she paid him back the $1,200 along with an interest of $9
insens350 [35]

Answer:

<u>The  annual interest rate was 4%</u>

Step-by-step explanation:

1. Let's review the data given to us for solving the question:

Loan to Kenneth's niece to buy a computer = US$ 1,200

Duration of the loan = 2 years

Niece paid back to Kenneth = US$ 1,296

Annual interest rate = x%

2. Let's find the annual interest rate after 2 years, using the following formula:

FV = PV * (1 + x)

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FV = Niece paid back to Kenneth = US$ 1,296

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Replacing with the real values:

1,296 = 1,200 * (1 + x)

1.296/1.200 = (1 + x) (Dividing by 1,200 at both sides)

1.08 = 1 + x

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This is the interest rate for two years, for finding the annual interest rate we divide it by 2, this way:

<u>0.08 / 2 = 0.04 * 100 = 4%</u>

7 0
3 years ago
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Mars2501 [29]
What exactly do you mean? Is there answer's to the problem or more to the problem?
7 0
3 years ago
Which of the following is a solution of x2 + 2x + 8?
zubka84 [21]
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Answer:

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Step-by-step explanation:

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6 0
2 years ago
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