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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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Answer:

a. 80

b. 34

Step-by-step explanation:

45 percent of 80 is 36.

85 percent of 40 is 34.

You can find these online, through a Percentages Calculator.

<u><em>Have a good day and a good rest of 2021. :) Please feel free to give me Brainliest if you feel this helped. It's up to you though :)</em></u>

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2 years ago
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tensa zangetsu [6.8K]

Answer:

2)8%

3)= $ 26.46

4)multiply $1.50 and 60%, which will give you 0.9. now multiply $1.50 and 0.9 and that'll give you$1.35. lastly, add $1.50 and $1.35 and that'll give you the answer which is $2.85.

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Step-by-step explanation:

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2 years ago
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Sierra's ice cream shop made $45 before she had to close early when the power went out. She realized she lost Two-thirds of a do
Troyanec [42]

Answer:

the profit in the case when the shop is closed for 6 hours is $41

Step-by-step explanation:

The computation of the profit in the case when the shop is closed for 6 hours is shown below:

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3 years ago
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Which number is opposite of -5 in both its value and direction it lies on a number line?
ASHA 777 [7]

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Step-by-step explanation:

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6 0
2 years ago
A letter is randomly chosen from the word EXCELLENT. Write each probability as a fraction, decimal, and a percent.
Sergio [31]

Answer:

The answer is below

Step-by-step explanation:

The question is not complete. A complete question is in the form:

A letter is chosen at random from the letters of the word EXCELLENT. Find the probability that letter chosen is i) a vowel ii) a consonant.

Solution:

The total number of letters found in the word EXCELLENT = 9

i) The number of vowel letters found in the word EXCELLENT = {E, E, E} = 3

Hence, probability that letter chosen is a vowel = number of vowels / total number of letters = 3 / 9 = 1 / 3

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ii) The number of consonant letters found in the word EXCELLENT = {X, C, L, L, N, T} = 6

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7 0
3 years ago
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