A bank offers an annual simple interest rate of 9% on home improvement

Mathematics

1 answer:

blagie [28]2 years ago

3 0

Answer:

Tobias repayed a total of $7,200.

Step-by-step explanation:

If Tobias borrowed $20,000, and the annual interest rate is 9% of this per year, then we need to find 9% of 20,000.

20,000 x 0.09 = 1,800

Therefore, the yearly interest rate is $1,800. Now, we need to multiply this by 4.

1,800 x 4 = 7,200

Therefore, Tobias repayed a total of $7,200.

Hope this helps! :D

You might be interested in

To be considered for pilot school, 12 students took a spatial reasoning test that resulted in this list of scores. find the perc

Brums [2.3K]

a. 17th percentile First, take the data and sort it in increasing order, getting: 98 101 117 121 122 127 130 137 138 143 145 152. The score of 117 is greater than 2 of the scores out of a total of 12 scores. So the percentile rank is 2/12 = 0.1666667 = 16.66667, or the 17th percentile. Therefore the answer is "a. 17th percentile"

7 0

3 years ago

Cost of a sled:$99.50 Markup:95% find the selling price

Degger [83]

Take wholesale cost and multiply it by 95%, then add to the original value
another way, just multiply by 1.95

Retail cost: 1.95*($99.50) = $194.03

8 0

2 years ago

1.1.0

SSSSS [86.1K]

Answer:

the a is c tthinck

Step-by-step explanation:

4 0

2 years ago

Fully answer BOTH questions a and b below.

Setler [38]

A. 540 is 60% of 900 so 900 people were surveyed.
60/100 • x= 540
Multiply both sides by 100
Then divide both sides by 60

B. If you subtract 900-540 your answer will be 360. 360 people preferred running.

6 0

3 years ago

You decide you need a new computer. the cost of the computer is $1128. however, the store also offers a rent to own option which

Mazyrski [523]

Answer:

$120

Step-by-step explanation:

What you have to do first is multiply the rent per week by the number of weeks. Then subtract the number of weeks by the cost of the computer.

1248 - 1128 = 120

Hope that helps!!! (:

4 0

1 year ago