All categories

2 years ago

If $25,000 is borrowed with an interest of 8.0% compounded annually, what is the total amount of money needed to pay it

Mathematics

2 answers:

Kay [80]2 years ago

6 0

Answer:

$\frac{8}{?100} \times 25000$

=2000

365×10=3650

2000×3650=7300000

Blizzard [7]2 years ago

6 0

$~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$25000\\ r=rate\to 8\%\to \frac{8}{100}\dotfill &0.08\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{annually, thus once} \end{array}\dotfill &1\\ t=years\dotfill &10 \end{cases} \\\\\\ A=25000\left(1+\frac{0.08}{1}\right)^{1\cdot 10}\implies A=25000(1.08)^{10}\implies A\approx 53973.12$

You might be interested in

Need some help here

Natalija [7]

Answer:

bottom right

Step-by-step explanation:

it goes down consitantly by 2

5 0

2 years ago

write the slope- intercept form of the equation of the line parallel to - x+5y=25, passing through the point (-5,-5). simplify

Olenka [21]

To find the equation of a line that is parallel to your original equation and goes through a certain point on a graph, here's what you need to know:
First you need to find the slope of your original equation.
To do that, you need to convert it to slope intercept form (y = mx+b).
Add the x over, and then divide everything by 5 to get the y by itself.
Here's what that would look like (without the small steps that I mentioned):
-x + 5y = 25
5y = x + 25
y = 1/5x + 5

That's the original equation rewritten in slope intercept form.
The m represents the slope, so this equation's slope is 1/5.

Because you are given a point, and now you have a slope, the best and easiest route is using point slope form.
I've seen different versions of the equation base but I prefer y - y(sub1) = m(x - x(sub1))
But since I can't use subscripts in this, I'll use the one with h and k. The h is the x value of the point, and the k is the y value.
(h,k)
Then just substitute the values in and solve for y.
y - k = m(x - h)
y + 5 = 1/5(x + 5)
y + 5 = 1/5x + 1
y = 1/5x - 4

Your final answer is
y = 1/5x - 4
You can double check by using a graph. If the slopes are the same, the lines should be parallel.

I hope that helps. If anything didn't make sense, feel free to ask me.

5 0

3 years ago

Someone explain it please

Alina [70]

9514 1404 393

Answer:

∠A = 44°

Step-by-step explanation:

In order to find the measure of angle A, you need to know the value of the variable x. This means you need some relation that you can solve to find x.

Happily, that relation is "the sum of angles in a triangle is 180°." This means ...

84° +(x +59)° +(x +51)° = 180°

(2x + 194)° = 180° . . . collect terms

2x = -14 . . . . . . . . . . divide by °, and subtract 194

x = -7 . . . . . . . . . . . .divide by 2

Now, the measure of angle A is ...

∠A = (x +51)° = (-7 +51)°

∠A = 44°

4 0

3 years ago

The length of a rectangular pool is 20 feet and the width is 15 feet. The

Ray Of Light [21]

Answer:

$255

Step-by-step explanation:

As, the area of the pool bottom = length x breath

= 20 x 15 = 300 square foot

So for painting

Per square foot = $0.85

So for 300 square foot = $0.85 x 300

= $255

5 0

2 years ago

-3/v=-6 simply as much as possible

Aleksandr [31]

Hey!

In order to simplify this equation, we'll first have to multiply both sides of the equation by v. This will give us v on its own.

Original Equation :
$\frac{-3}{v} = -6$

New Equation {Added Multiply Both Sides by V} :
$\frac{-3}{v} v=-6v$

Solution {New Equation Solved} :
$-3 = -6v$

Now we'll switch sides to get v on the left side of the equation which is generally where we always want the variables to be located in these types of equations.

Old Equation :
$-3 = -6v$

New Equation {Switched} :
$-6v=-3$

Now we'll divide both sides by v to get v on its own.

Old Equation :
$-6v = -3$

New Equation {Added Divide Both Sides by V} :
$\frac{-6v}{v} = \frac{-3}{v}$

Solution {New Equation Solved} :
$v = \frac{1}{2}$

So, this means that in the equation $\frac{-3}{v} =-6$ , $v = \frac{1}{2}$ .

Hope this helps!

- Lindsey Frazier ♥

3 0

3 years ago