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algol13
3 years ago
11

You borrow $20,500 from a bank that charges an interest rate of 9.5%. After 5 years, what is the total amount that you will have

to pay back?
Mathematics
1 answer:
worty [1.4K]3 years ago
4 0

Answer:

the total amount that should have to pay back is $30,237.50

Step-by-step explanation:

The computation of the total amount that should have to pay back is as follows:

Amount = Simple interest + borrowed amount

= ($20,500 × 9.5% × 5) + $20,500

= $9,375.50 + $20,500

= $30,237.50

hence, the total amount that should have to pay back is $30,237.50

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lisabon 2012 [21]
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7 0
3 years ago
You go out to dinner with 5 friends. The bill at the end of your meal is $168. If you want to leave an 18% tip, how much money s
IceJOKER [234]

Answer: Read below!!!     (>XD)

Step-by-step explanation:

168 x 0.18 = tip amount given = $30.24

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Even more simple method

168 x 1.06 = total including tax = 178.08

30.24+178.08=total paid for dinner including tax and tips

= 208.32

5 0
3 years ago
Find the total price a $3.29 bad of chips after 7% tax
Rainbow [258]

Answer:

$3.52

Step-by-step explanation:

3.29 * .07 = .23

.23 + 3.29 = 3.52

6 0
4 years ago
You are asked to solve 12x − 18 = 126. Which three statements are true?
makkiz [27]

Answer:B

Step-by-step explanation:

3 0
3 years ago
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loris [4]
To answer this question and you will use exponents.

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It will take 12 layers of paper.
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3 years ago
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