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
8_murik_8 [283]
3 years ago
9

Shel bought a $6,000 desk based on her income she can only afford to pay 600 per month The charge on the unpaid balance is 2% ea

ch month Calculate the balance outstanding at the end of month 2
Mathematics
1 answer:
Irina18 [472]3 years ago
3 0

Answer:

$5,030.40

Step-by-step explanation:

The balance outstanding at the end of any month is the due amount after adjusting for interest and loan repayment amount. The amount outstanding can be calculated as:

<u>First month</u>

Due amount = $6,000

Interest at 2% = $6,000*2% = $120

Loan repayment = $600

Reduction in balance = $600 - $120 = $480

Balance remaining = $6,000 - $480 = $5,520

<u>Second month</u>

Due amount = $5,520

Interest at 2% = $5,520*2% = $110.4

Loan repayment = $600

Reduction in balance = $600 - $110.4 = $489.60

Balance remaining = $5,520 - $489.60 = $5030.40

Hence, the balance outstanding at the end of month 2 is $5,030.40

You might be interested in
I don't know to find the answer to 8. Can someone explain to me?
lapo4ka [179]
Perhaps the easiest way to find the midpoint between two given points is to average their coordinates: add them up and divide by 2.

A) The midpoint C' of AB is
.. (A +B)/2 = ((0, 0) +(m, n))/2 = ((0 +m)/2, (0 +n)/2) = (m/2, n/2) = C'
The midpoint B' is
.. (A +C)/2 = ((0, 0) +(p, 0))/2 = (p/2, 0) = B'
The midpoint A' is
.. (B +C)/2 = ((m, n) +(p, 0))/2 = ((m+p)/2, n/2) = A'

B) The slope of the line between (x1, y1) and (x2, y2) is given by
.. slope = (y2 -y1)/(x2 -x1)
Using the values for A and A', we have
.. slope = (n/2 -0)/((m+p)/2 -0) = n/(m+p)

C) We know the line goes through A = (0, 0), so we can write the point-slope form of the equation for AA' as
.. y -0 = (n/(m+p))*(x -0)
.. y = n*x/(m+p)

D) To show the point lies on the line, we can substitute its coordinates for x and y and see if we get something that looks true.
.. (x, y) = ((m+p)/3, n/3)
Putting these into our equation, we have
.. n/3 = n*((m+p)/3)/(m+p)
The expression on the right has factors of (m+p) that cancel*, so we end up with
.. n/3 = n/3 . . . . . . . true for any n

_____
* The only constraint is that (m+p) ≠ 0. Since m and p are both in the first quadrant, their sum must be non-zero and this constraint is satisfied.

The purpose of the exercise is to show that all three medians of a triangle intersect in a single point.
7 0
3 years ago
What does x = ? 1 ÷ 11/2 = x
Yanka [14]

Answer:

x = 2/11

Step-by-step explanation:

1 ÷ 11/2 = x

1 · 2/11 = x (Used the opposite reciprocal and changed to multiplication. This is the same as dividing with the original fraction.)

2/11 = x

7 0
3 years ago
Lincoln invested $440 in an account paying an interest rate of 5\tfrac{7}{8}5 8 7 ​ % compounded continuously. Robert invested $
Sidana [21]

Answer: $34

Step-by-step explanation:

5 0
3 years ago
Need some help with this​
Katen [24]

Answer:

1/3

Step-by-step explanation:

Slope is rise over run

your rise is 1 (because you only go up one block each time)

your run is 3 ( because you go right three times)

so 1/3

3 0
2 years ago
Help pls
gogolik [260]

Answer:

I think the answer is 3x

Step-by-step explanation:

If i am wrong please correct me

4 0
2 years ago
Other questions:
  • A local band is holding a concert. The price of a ticket to the concert is $15. The band must sell enough tickets to cover at le
    15·2 answers
  • Find the geometric sum: 40 + 20 + 10 + … + 0.078125
    7·1 answer
  • Please do questions 17,21, and 22
    9·2 answers
  • The diameter of a circle if five times the length of a recatngle. The length of a rectangle is three times the width of the rect
    6·1 answer
  • How do you do this question?
    12·1 answer
  • Aretha runs 3.25 hours. Neal takes 1.6 times longer. how many hors does it take Neal to run
    14·1 answer
  • in 1990 the population of the midwest was about 60 million during the 1990s the population of this area increased an average of
    13·1 answer
  • Find the sum or difference. -3(h-4) -2(-6h + 5)
    9·1 answer
  • Find the missing values in the ratio table. Then write the equivalent ratios.
    6·2 answers
  • Find the range of possibilties for x.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!