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Tresset [83]
3 years ago
11

URGENT PLEASE: You purchase a new guitar and take out a loan for $450. You have 18 equal monthly payments of $28 each. What is t

he simple interest rate for the loan? Round to the nearest tenth of a percent, if necessary.
Mathematics
1 answer:
kramer3 years ago
8 0
Answer:
8%

Step-by-step explanation:
The amount repaid is ...
A = P(1 +rt)
Filling in the given values, we can find r.
(18·28) = 450(1 +r(18/12)) . . . . . t is in years
504 = 450 + 675t

54/675 = 0.08 = 8%

The simple interest rate on the loan is 8%.
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What is the value of X
Andrews [41]

Answer:

30

Step-by-step explanation:

60+90=150

180-150=30

3 0
3 years ago
52 divided by 5424
VladimirAG [237]

Answer:

52 / 5424 = 0.00958..

198 / 8549 = 0.0231 ..

Step-by-step explanation:

52 / 5424

First of all, you need to add 0 plus a coma → 0.

52 becomes 520, but this value is smaller than 5424, so we need to add another 0

5200 → another 0 → 52000

So now, we have 52000 / 5424.

We start,  5424 . 10 = 54240, we are higher than 52000, so let's try 9

5424 . 9 = 48816, great!

52000 - 48816 = 3184

This is smaller than 5424, so we need a zero, again. But we do not add 0 to the result, because we are in the decimal side

31840 → 31840 / 5424. We would try 6,

5424 . 6 = 32544. It's bigger!, We use 5

5424 . 5 = 27120!

31840 - 27120 = 4720. We get another 0

47200, and we try 8.

5424 . 8 = 43392

47200 - 43392 = 3808.

So we are going to add 0, until we have four digits that can be divided by 5424 and decimals are infinte.

52 / 5424 = 0.00958..

198 / 8549 → Need to add, the first 0 to convert 198 to 1980

1980 = 0. → Another zero

19800 = 0.0 → 19800 / 8549

We try 2 → 8549 . 2 = 17098

19800 - 17098 = 2702 → we add 0

27020 / 8549 → We try 3

8549 . 3 = 25647 → 27020 - 25647 = 1373 → we add 0

13730 / 8549 → We use 1 → 13730 - 8549 = 5181

As decimal are infinite, we can express the result as:

198 / 8549 = 0.0231 ..

7 0
3 years ago
Someone please help me with 6 and 7 and please show work
kap26 [50]
6 would be $240.

Take 6,000 and multiply it by 4% which means you need to convert 4% to a decimal.
4% as a decimal is 0.04. 6,000 x 0.04 equals 240.

hope this is correct and sorry but I do not understand how to do 7.
4 0
3 years ago
Antoinette solves the linear equation 3(x-3)+2x+9 - 2x+ 2(x-1) using the steps shown below.
Oxana [17]

Step-by-step explanation:

3(x - 3) + 2x + 9 - 2x + 2(x - 1)

3x - 9 + 2x + 9 - 2x + 2x - 2

Solving like terms

5x - 2

5x = 2

x = 2/ 5

I think she incorrectly applied the multiplication and division properties of equality

4 0
3 years ago
Read 2 more answers
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Paraphin [41]
B ( i think )
i might be wrong though
4 0
3 years ago
Read 2 more answers
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