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Yuliya22 [10]
3 years ago
15

A bank offers an annual simple interest rate of 6% on home improvement loans. How much would Tobias OWE IN ALL if he BORROWED $1

2,000 over a period of 3 years?
Mathematics
1 answer:
Liula [17]3 years ago
4 0

Answer: $14160

Step-by-step explanation:

Simple interest would be calculated as:

= PRT/100

where,

P = Principal = $12000

R = Rate = 6%

T = Time = 3 years

Simple interest = ($12000 × 6 × 3)/100

= $216000/100

= $2160

The amount that Tobias owe in all would be:

= $12000 + $2160

= $14160

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5 0
2 years ago
the ratio of girls to boys in the sixth grade is 5:3. If there are 400 sixth graders, how many boys are there?
PilotLPTM [1.2K]

Answer:

boys = 250

girls = 150

Step-by-step explanation:

5g = 3b       eq. 1

g + b = 400       eq. 2

g = girls

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From the eq. 2

g = 400 - b

Replacing this last eq. on eq. 1:

5(400-b) = 3b

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