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Allushta [10]
3 years ago
10

Michael took a graduate course at Caldwell college that cost $1,875. He had to take a student loan at a rate of 5 1/2% out to pa

y for it. If he plans on paying the loan off in 2 years, how much will he pay in total for the class?
Mathematics
1 answer:
il63 [147K]3 years ago
5 0

Answer:

interest paid = $206.25

course = $1,875.00

total = $2,081.25

Step-by-step explanation:

Interest = Principal x Rate x Time

I = 1875(.055)(2)

I = 206.25

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3 years ago
If you borrow $500 for 6 years at an annual interest rate of 7% ,how will you pay all togther
Vlad [161]

Answer:

$3,210

Step-by-step explanation:

7% of 500 = 35

35 + 500 = 535

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6 0
3 years ago
The table below shows the number of pencils and pens three friends have in their backpacks.
anyanavicka [17]

Answer:

Angel has a greater ratio of pencils to pens.

i.e. Angle's pencils to pens = 3 / 2 or 63/42

Thus, option (B) is true.

Step-by-step explanation:

Considering the table

Lydia's Number of Pencils = 10

Lydia's Number of Pens = 7

Lydia's Pencils to Pens ratio = 10/7

Angel's Number of Pencils = 9

Angel's Number of Pens = 6

Angels's Pencils to Pens ratio = 9/6 = 3 / 2

Elizabeth's Number of Pencils = 12

Elizabeth's Number of Pens = 9

Elizabeth's Pencils to Pens ratio = 12/9 = 4 / 3

So, We get the inputs ratios such as:

Lydia's ratio:  Angels's ratio: Elizabeth's ratio

      10/7      :         3 / 2         :        4 / 3

As the least common denominator (LCD) is: 42

Rewriting as equivalent fractions with the LCD:

10/7            :         3 / 2         :        4 / 3

60 / 42       :        63/42       :       56/42

Sorting from least to greatest:

Sorting this table by the numerators of the equivalent fractions in order from least to greatest:

Elizabeth's ratio       :         Lydia's ratio       :    Angels's ratio:  

4/3                             :         10 /7                  :        3 / 2

56/42                        :          60 / 42             :         63/42

Therefore, Angel has a greater ratio of pencils to pens.

i.e. Angle's pencils to pens = 3 / 2 or 63/42

Thus, option (B) is true.

8 0
3 years ago
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