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LuckyWell [14K]
2 years ago
15

Monique borrows $5000 for 3 years at 8% per annum simple interest.

Mathematics
2 answers:
Natasha2012 [34]2 years ago
5 0

Answers:

  • a)  $1200 in interest is charged.
  • b)  $6200 must be paid back in total.

=============================================

Work Shown:

a)

i = P*r*t

i = 5000*0.08*3

i = 1200 is charged in simple interest

---------------------------

b)

She must pay back the amount borrowed ($5000) which is the principal as well as the interest calculated in part a) earlier.

The total amount she must pay back is 5000+1200 = 6200 dollars

djverab [1.8K]2 years ago
3 0

Answer:

1200 dollars for interest, she must pay 6200

Step-by-step explanation:

8 percent of 5000 is 400 times 3 (years) is 1200

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ANSWER

y   = 3 \pm \sqrt{21}

EXPLANATION

The quadratic equation is:

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Group variable terms:

{y}^{2}  - 6y = 12

Add the square of half, the coefficient of y to both sides.

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36 divided by 6+(18-6x2)
Ipatiy [6.2K]

Answer:

12.

Step-by-step explanation:

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You would first solve what is in parentheses, since that is the first letter in PEMDAS. 18-6x2 is what we have in our parentheses, but it's too confusing to be solved yet. The next letter is E, a.k.a exponents, but there are no exponents in this equation, so we move on. Next is M, Multiplication. We would multiply 6 by 2, which gives us 12. Moving on, we have D, Division. We would do 36/6, which is 6.

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3 years ago
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9966 [12]

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Step-by-step explanation:

Hi, to answer this question we have to analyze the information given:

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