Answer:
The total interest to pay back on the loan is $122.40
Step-by-step explanation:
Here. we want to get the amount of interest on the loan
We are going to use the compound interest formula here
A = P(1 + r/n)^nt
where A is the amount to be paid back
P is the amount borrowed called the principal which is $1,500
r is the interest rate which is 4% annually
This is same as 4/100 = 0.04
n is the number of times the interest will be compounded per year ; annually means yearly and so for this case, n = 1
t is the number of years = 2
So we have;
A = 1500(1 + 0.04/1)^(2)(1)
A = 1500(1.04)^(2)
A =$ 1,622.40
So the amount of interest is the difference between the amount borrowed and the value to pay back
That will be;
$1,622.40 - $1,500
= $122.40
Answer:
3
Step-by-step explanation:
5-2
Answer:
8 and 10
Step-by-step explanation:
the ratio of the two numbers is 4:5
So let's take 4 and 5 as our number, we find out that their LCM is 20.
The next pair would be 8 and 10. Their LCM is 40 , so they are the numbers.
Answer:
60 units²
Step-by-step explanation:
Find the other side length:
8² + x² = 17²
64 + x² = 289
x² = 225
x = 15
Find the Area:
1/2(8 x 15) = Area
1/2(120) = Area
Area = 60
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Answer: The third choice
Explanation:
This equation does not represent the perimeter.
To write the equation:
2(3x - 1) + (2x + 1) = 55
6x - 2 + 2x + 1 = 55
8x - 1 = 55
Thus, 3 of the choice represent but the the third choice didn’t appear in the equation.
