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Dmitry [639]
3 years ago
13

$60 simple interest is received on a loan each year. When the rate of interest is increased by 0.5%, the simple interest is $70.

What is the amount of the loan?​
Mathematics
1 answer:
IgorC [24]3 years ago
7 0

Answer:

Step-by-step explanation:

I=Pr

P(r+.005-r)=70-60

.005P=10

P=$2000

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No they are eaqure to each other.
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Madeline invested $51,000 in an account paying interest rate of 6 1/8% compounded daily. Harper invested 51000 in an account pay
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Answer:

$5564.87

Step-by-step explanation:

We are to determine the difference between the future values of each investment

The formula for calculating future value:

FV = P (1 + r)^mn

FV = Future value  

P = Present value  

R = interest rate  

N = number of years

m = number of compounding

Madeline

P = Present value = 51,000

R = interest rate = 0.06125 / 365 = 0.000168

N = number of years = 13

m = number of compounding = 365

51,000 x (1.000168)^4745  = 113,070.20

Harper

51,000 x (1.004792)^156 = 107,505.33

Difference = 113,070.20 - 107,505.33 = $5,564.87

6 0
2 years ago
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For bone density scores that are normally distributed with a mean of 0 and a standard deviation of​ 1, find the percentage of sc
Shkiper50 [21]

Answer:

a) Scores of 2 and higher are significantly high

b) Scores of -2 and lower are significantly low

c) Scores between -2 and 2 are not significant.

Step-by-step explanation:

Mean = 0

Standard deviation = 1

a. significantly high​ (or at least 2 standard deviations above the​ mean).

2 standard deviations above the mean is:

0 + 1*2 = 2

So scores of 2 and higher are significantly high

b. significantly low​ (or at least 2 standard deviations below the​ mean).

2 standard deviations below the mean is:

0 - 1*2 = -2

So scores of -2 and lower are significantly low

c. not significant​ (or less than 2 standard deviations away from the​ mean).

2 standard deviations above the mean is:

0 + 1*2 = 2

2 standard deviations below the mean is:

0 - 1*2 = -2

So scores between -2 and 2 are not significant.

3 0
2 years ago
8 (3x-y)<br> what is the answer
lesantik [10]

Answer:

24x-8y

Step-by-step explanation:

8 times 3x is 24x and 8 times y is 8y

8 0
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*100 points* A circle has a diameter with endpoints (-7, -1) and (-5, -9).
earnstyle [38]

Diameter

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  • √2²+8²
  • √4+64
  • √68
  • 2√17

Radius

  • 2√17/2
  • √17units

Now

Centre

(h,k)

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Equation

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Option A

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