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mel-nik [20]
3 years ago
8

Scott took out a 72 month loan for $35,000 to purchase a new boat. If Scott paid $8,925 in simple interest, what was the interes

t rate?
Mathematics
2 answers:
diamong [38]3 years ago
6 0

Answer:

Option 4.7% = 3,500 x 4.7% =$164.50 simple annual interest.

82.25 this is what Scott will pay in 6 months at simple interest.

 

Option 4.2% =3,500 x (1 +0.042/12)^6 =3,500 x 1.0035^6=$3,574.15.

3,500 =$74.15 this is what Scott will pay in 6 months at compounded interest.

 

The compound option is cheaper by: 74.15 =$8.10.

IRINA_888 [86]3 years ago
5 0

Answer: 4.75

Step-by-step explanation:

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Write two perfect squares that each have a value greater than100 and less than 200
Trava [24]

Answer:

121, 144

Step-by-step explanation:

√121= 11

√144= 12

6 0
2 years ago
What is 520 divided by 8
erastova [34]
First see how many times can 8 go into 52. So 8 goes 6 times, and it equals to; 48
Now subtract 48 from 52; 52-48= 4

Finally bring down the 0 next to the 4; 40

Now to get you final answer find out how many times can 8 go into 40; 5
Since it goes exactly 5 times then your final answer would be; 65
Hope this helps! :)
 
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2 years ago
If a cube has a<br> volume of 8 cm<br> what is it's side<br> length?
lana [24]
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5 0
3 years ago
What is -6w &lt; 85. help
dolphi86 [110]

Answer:

w=[-14.1667, ∞)

Step-by-step explanation:

the variable w can be any real number less than the value of 85, thus -6 multiplied by any number greater than the value of 14.1667 shall be less than 85. the value for the minimum limit number is obtained dividing 85 by -6 due to the varibale -6w and the value 85 as the maximum limit.

5 0
3 years ago
Plz help !!!!!!!! A rectangular park is 400 m long and 200 m wide. If you walked around the park twice, how far would you walk?
aliina [53]

Answer:

160,000

Step-by-step explanation:

400 * 200 is 80,000 just walking around once, so then multiply it by two.

80,000 * 2 is 160,000

4 0
3 years ago
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