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Cloud [144]
2 years ago
8

Find the time required for an investment of 5000 dollars to grow to 9000 dollars at an interest rate of 7.5

Mathematics
1 answer:
umka2103 [35]2 years ago
4 0

Answer:

i think its 3.5 years

Step-by-step explanation:

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Step-by-step explanation:

6 0
2 years ago
Compute the monthly payments for the add on interest loan. The amount of the loan is $8,276.17. The annual interest rate is 5.7%
podryga [215]

The monthly payments for this add on interest loan are of $164.71.

Given Information and Formula Used

It is given that for an add on interest loan,

Principal Amount, p = $8,276.17

Annual Interest Rate, r = 5.7%

Term of the loan, T = 5.5 years

The formula for simple interest is given as follows,

I = (p)(r)(t)/100 ............... (1)

The formula for total amount of add on interest is given by,

A = p + I ....................... (2)

Computing the Interest

Substitute the given values of p, r, and t in the formula (1) of interest to get,

I = (8276.17)(5.7)(5.5)/100

I = 259457.9295/100

I = $2,594.58

Computing the Monthly Payment for Add-on Interest Loan

Substituting the values of p and I in the formula (2), we obtain the total amount as,

A = $ (8276.17 + 2594.58)

A = $ 10,870.75

Monthly payment for the add on interest loan = A/t(in months)

=  $ (10,870.75/66)

= $164.71

Therefore, monthly payments of $164.71 are to be made for the add on interest loan.

Learn more about interest here:

brainly.com/question/26457073

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7 0
1 year ago
Math plz help it's hard (8th grade math)
Mrac [35]
This is what I got I dont know if It should be an equation but that's all i can get to, gl

8 0
2 years ago
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3. The MPG (Miles per Gallon) for a mid-size car is normally distributed with a mean of 32 and a standard deviation of .8. What
mariarad [96]

Answer:

93.32 %

Step-by-step explanation:

33.2   is    1.2   away from 32     this is  1.2 / .8 = 1.5 standard deviations ABOVE the mean     z -score = + 1.5

from z-score table this corresponds to .9332     this is  93.32 %

8 0
1 year ago
PLS HELP ASAP THANKS ILL GIVE BRAINLKEST PLS THANKS PLS
densk [106]

Answer:

(-3, -6)

explanation:

When reflected across x axis, the x value will be same and y value will become negative.

original coordinates of D: (-3, 6)

  • so new coordinates: (-3, (-)6) = (-3, -6)
6 0
2 years ago
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