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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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Which of the following points is NOT visible if the viewing window of a graphing utility is set at:
Arte-miy333 [17]

The points D(-7, 5), E(-8, -3), and H(10, -5) will not be visible the answers are D, E, and H.

<h3>What is graphing utility?</h3>

A graphing calculator is a portable computer that can plot graphs, solve multiple equations at once, and carry out other variable-related activities.

We have points shown in the coordinate plane.

As the window of a graphing utility is set at:

X(min) : -6

X(max): 6

Y(min) : -6

Y(max) : 6

The points out of 6 will not be visible.

We can draw a square as shown in the attached picture.

The points D(-7, 5), E(-8, -3), and H(10, -5) will not be visible.

Thus, the points D(-7, 5), E(-8, -3), and H(10, -5) will not be visible the answers are D, E, and H.

Learn more about the graphing utility here:

brainly.com/question/1549068

#SPJ1

3 0
1 year ago
Which function has a simplified base of 4?<br><br>f(x) = 2<br>f(x) = 2<br>f(x) = 4<br>f(x) = 4
miss Akunina [59]

Answer:


Step-by-step explanation:

I just finished this exam review and it should be  f(x)=4(^3sqrt16)^2x


Hope this helps you out!

6 0
3 years ago
Help me please!!!!!!! ​
gulaghasi [49]

Answer:

1/9

Step-by-step explanation:

Because

P(both socks are white)= 2/18

4 0
2 years ago
Hari borrowed Rs. 126000 from a money-lender at 15% per annum simple interest,
amid [387]

Answer:

Rs. 112000

Step-by-step explanation:

  • Borrowed money = Rs. 126000
  • Interest rate = 15% PA simple
  • Time = 3 years

<u>Hari is due to pay after 3 years:</u>

  • 126000* (1+ 3*15/100) = 182700

He pays Rs. 70700, remaining money is cleared by giving buffalo.

<u>Cost of buffalo:</u>

  • 182700 - 70700= Rs. 112000

<u>Answer is:</u> Rs. 112000

7 0
3 years ago
Read 2 more answers
A sign language club made $627.50 from selling popcorn at a festival. The popcorn cost the club $95.00. Which expression represe
Charra [1.4K]

Answer:

(627.50-95)/m

Step-by-step explanation:

The total value of money earned was $627.50. Then subtract the amount of money the popcorn cost, $95.00. This subtraction would make the difference of $532. This equation would be in parentheses because you have to get the difference before you can divide the profits among the club members. After you put that into parentheses, divide the difference by M. This will give you the equation (627.50-95.00)/m hope this helps!

4 0
3 years ago
Read 2 more answers
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