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IgorC [24]
3 years ago
12

Samantha is taking out a loan for $17,452 at 6% simple interest for one year. How much interest will she pay?

Mathematics
1 answer:
andrew11 [14]3 years ago
6 0

Answer:

<em>She will pay $1,047.12 interest for one year</em>

Step-by-step explanation:

<u>Simple Interest</u>

Occurs when interest is calculated on the original principal only.

Unlike compound interest where the interest earned in the compounding periods is added to the new principal, simple interest only considers the principal to calculate the interest.

The interest earned is calculated as follows:

I=P.r.t

Where:

I = Interest

P = initial principal balance or loan

r = interest rate

t = time

Samantha takes out a loan for $17,452 at r=6%=0.06 simple interest for t=1 year. Calculating the interest:

I=\$17,452*0.06 *1

I = $1,047.12

She will pay $1,047.12 interest for one year

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TEA [102]

Based on the data given, the length of line segment AC is 2.29

<h3>What is the length of side AC?</h3>

Based on the given data:

  • AC=BC
  • AB=3
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  • CD= sqrt 3

The triangle ABC is an isosceles triangle.

The line segment AC is the hypotenuse of the the triangle ACD.

The length of AD = 3/2

AC = \sqrt{(\sqrt{3)^{2}} + (\frac{3}{2})^{2}}= 2.29

In conclusion, the length of  AC is 2.29

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2 years ago
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Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

Let p, d, q represent the numbers of pennies, dimes, and quarters in the collection, respectively.

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