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crimeas [40]
3 years ago
14

James borrows $4,200 to pay his college tuition. He signs a 5-year simple interest loan. If the monthly payments are $78.40, wha

t is the interest rate on the loan?
Mathematics
1 answer:
KonstantinChe [14]3 years ago
3 0

Answer:

2.4%

Step-by-step explanation:

Total amount of payments:

5 years * 12 months/year * $78.40/month =

= $4704.00

Amount of interest paid in 5 years:

$4704 - $4200 = $504

Amount of interest paid in 1 year:

$504/5 = $100.80

Annual percent rate of interest:

$100.80/$4200 * 100% = 2.4%

Answer: 2.4%

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Evaluate each expression for g = -7 and h = 3 and match it to its value.
Arturiano [62]

Answer:

The values of given expressions are:

1. gh = -21

2. g^2 - h = 46

3. g + h^2 = 2

4. g + h  = -4

5. h - g  = 10

6. g - h = -10

Step-by-step explanation:

Given values of g and h are:

g = -7

h = 3

<u>1. gh</u>

The two numbers are being multiplied

Putting the values

gh = (-7)(3) = -21

<u>2. g^2-h</u>

Putting the values

=(-7)^2-3\\=49-3\\=46

<u>3. g+h^2</u>

Putting the values

= -7 + (3)^2\\=-7+9\\=2

<u>4. g+h</u>

Putting the values

= -7+3\\=-4

<u>5. h-g</u>

Putting the values

= 3 - (-7)\\=3+7\\=10

<u>6. g-h</u>

Putting values

=-7-3\\=-10

Hence,

The values of given expressions are:

1. gh = -21

2. g^2 - h = 46

3. g + h^2 = 2

4. g + h  = -4

5. h - g  = 10

6. g - h = -10

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Answer:

Step-by-step explanation:

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Answer:

the first one is 37

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Step-by-step explanation:

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