1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hodyreva [135]
3 years ago
11

gil borrows $8000 for college expenses. he will pay a total of $2280 back in interest after 6 years. what was his interest rate

Mathematics
2 answers:
pashok25 [27]3 years ago
6 0

Answer:

R = 41.8129%/year

Equation:

r = (1/t)(A/P - 1)

Calculation:

Solving our equation:

r = (1/6)((8000/2280) - 1) = 0.41812865

r = 0.41812865

Converting r decimal to R a percentage

R = 0.41812865 * 100 = 41.8129%/year

The interest rate required to get a total amount, principal plus interest, of $8,000.00 from simple interest on a principal of $2,280.00 over 6 years is 41.8129% per year.

Step-by-step explanation:

mars1129 [50]3 years ago
6 0

Answer:

I believe it is 4.75 %

Step-by-step explanation:

2,280 × 100 = 228,000

228,000 / 8,000 = 28.5

28.5/6 = 4.75 %

You might be interested in
La mitad de la edad que tenia anahí hace 27 años equivale a la cuarta parte de la edad que tendrá dentro de 5 años. ¿ qué edad t
Vlad [161]

Responder:

59 años

Explicación paso a paso:

Asumir que:

Edad actual = x

Edad 27 años atrás = x - 27

Edad dentro de 5 años = x + 5

La mitad de la edad de hace 27 años = 1/2 (x - 27)

Cuarto de edad dentro de cinco años = 1/4 (x +5)

0,5 (x - 27) = 0,25 (x + 5)

0.5x - 13.5 = 0.25x + 1.25

0.5x - 0.25x = 1.25 + 13.5

0,25 veces = 14,75

Dividir por 0,25

0,25x / 0,25 = 14,75 / 0,25

x = 59

Por lo tanto, la edad de Anahí ahora es de 59 años.

3 0
3 years ago
Evaluate x1 - x-1 + x6 for x=2
san4es73 [151]
If x is 2, you substitute all the x in the expression for the number 2:

2 - 2 - 1 + 12
-1 + 12
11


Hope it helped,

Homework/ study/ exam!

6 0
4 years ago
Find the area of the larger sector.
marin [14]

Answer:

Step-by-step explanation:

area of circle = πr² = 25π ft²

area of sector = 25π × 221°/360° ≅ 48.21 ft²

4 0
3 years ago
PLEASE HELP!! I HAVE TO TURN THIS IN IN 10 MINUTES
grin007 [14]

Answer:

0.8

Step-by-step explanation:

Please let me know if you want me to add an explanation as to why this is the answer/how I got this answer. I can definitely do that, I just wouldn’t want to write it if you don’t want me to :)

6 0
3 years ago
A boy standing between two pillars of equal height observes the angle of a
pashok25 [27]

Answer:

15m

Step-by-step explanation:

did the math

5 0
3 years ago
Other questions:
  • What is the sum of r + s when r = –16.2 and s = –18.5?
    8·1 answer
  • If two men can paint two rooms in two hours, how long will it take for one man to paint one room. assume all rooms are the same
    7·1 answer
  • Suppose the amount of sun block lotion in plastic bottles leaving a filling machine has a normal distribution. The bottles are l
    7·1 answer
  • - 36 4/9 - (- 10 2/9) - (18 2/9)=<br>what does it equal ​
    13·1 answer
  • How can help me with this operation about Pre-Calculus.<br>Simplify
    5·1 answer
  • HELP PLS BRAINLIEST INVOLVED FOR THE RIGHT ANSWER!!!!!
    11·2 answers
  • On the coordinate plane below, quadrilateral 1 has been transformed to form quadrilateral 2.
    5·1 answer
  • Benito is selling T-shirts for $8 each for his school fund-raiser. So far, he has sold 16 T-shirts. How many more does he need t
    8·2 answers
  • 2/4 x 3/4=<br> 16 ounces is _ 1 pound
    10·1 answer
  • Use numerals instead of words. If necessary, use / for the fraction bar
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!