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Mkey [24]
3 years ago
12

Tim Hanes' bank granted him a single payment loan of $1,000 for 100 days at 12 percent ordinary interest. What is the maturity v

alue of the loan?
a. $1,578.01
b. $1,033.33
c. $1,120.00
d. $1,044.55​
Mathematics
1 answer:
mash [69]3 years ago
8 0

Answer:

$1032.87

Step-by-step explanation:

First we need to calculate the interest

Interest = Principal * rate * time/100

Interest = 1000 * 12 * 100/365 * 100

Interest = 12000/365

Interest = 32.87

maturity value = Principal + Interest

maturity value = 1000 + 32.87

maturity value = $1032.87

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Eddi Din [679]

I don't know if this is right

7 0
3 years ago
The container that holds the water for the football team is 2/9 full. After pouring in 12 gallons of water, it is 2/3 full. How
Luden [163]

Answer:

27 gallons

Step-by-step explanation:

Our equation is: \frac{2x}{9} +12 = \frac{2x}{3}

What do we need to find: x

We need to first find x, so lets find x first.

12 =  \frac{2x}{3}  -  \frac{2x}{9}

=> 12 = \frac{6x}{9} - \frac{2x}{9}

=> 12 = \frac{4x}{9}

=> x = 27

Lets go back to our equation.

\frac{2(27)}{9} +12 = \frac{2(27)}{3}

We are going to simplify this before solving this. We are going to get:\frac{54}{9} +12 = \frac{54}{3}

=> 18 = 18

Therefore, we found x and we checked that our x value is correct. Now, we need to find how many gallons can the container can hold.

\frac{3x}{3} = a                                                           [a = gallons can the container hold]

=> x = a

Basically that means the container can hold 27 gallons of water.

Please give me brainliest if this is helpful ;D

4 0
3 years ago
Read 2 more answers
How can I identify the shaded part of 100 grid as a fraction and a decimal?
Vinvika [58]
Count the shaded squares and say there are 44 shaded that would be 44/100 or 11/25 as simplified and 0.44
7 0
3 years ago
i don't know resolve the three exercises rigth.i need the statement and reason(left is a example).plis i need help for this home
julsineya [31]
I hope this helps you

4 0
3 years ago
Can someone help me:)
lesya692 [45]

Answer:

The value of x is 12.

Step-by-step explanation:

To make the denominators the same we can: Multiply the top and bottom of each fraction by the denominator of the other.

\dfrac{x}{3}-5\cdot\dfrac{3}{3}=-1\\\dfrac{x}{3}-\dfrac{15}{3}=-1\\\dfrac{x-15}{3}=-1\\

Cross multiply with each other.

x-15=-1\cdot 3\\x-15=-3\\x=-3+15\\x=12

7 0
2 years ago
Read 2 more answers
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