Ask question

Ask question

All categories

2 years ago

10

David borrows $15,000 for a new car. He is charged 6% simple interest per year. If he paid $4500 in interest, how many years did

it take him to repay the loan?

1 answer:

krek1111 [17]2 years ago

8 0

Answer:

5 years

Step-by-step explanation:

Given that:

Amount borrowed = principal = p = $15000

Interest % per year = r = 6% = 0?06

Total Interest paid = $4500

Number of years it took to repay the loan (t) =?

Simple interest = (p * r * t)

4500 = (15000 * 0.06 * t)

4500 = 900t

4500 / 900 = t

5 = t

It tool 5 years to repay the loan

You might be interested in

A body travels 10 meters during the first 5 seconds of its travel, and it travels a total of 30 meters over the first 10 seconds

meriva

The answer is 4 m/s.

In the first 5 seconds, a body travelled 10 meters. In the first 10 seconds of the travel, the body travelled a total of 30 meters, which means that in the last 5 seconds, it travelled 20 meters (30m + 10m).
The relation of speed (v), distance (d), and time (t) can be expressed as:
v = d/t

We need to calculate the speed of the second 5 seconds of the travel:
d = 20 m (total 30 meters - first 10 meters)
t = 5 s (time from t = 5 seconds to t = 10 seconds)

Thus:
v = 20m / 5s = 4 m/s

5 0

3 years ago

Read 2 more answers

Need Help Badly<br>What is the solution

Kamila [148]

Sqrt(1-3x)=x+3
[sqrt(1-3x)]^2=(x+3)^2
1-3x=(x+3)(x+3)
1-3x=x^2+6x+9
-3x=x^2+6x+8
0=x^2+9x+8

The answers are -1 and -8 BUT, we have to plug them back into the original equation to make sure we don't get a negative under the square root sign.

After doing this, we realize that only -1 works, so the answer is x=-1

Sorry that this took forever to answer. I was thinking of a good way to explain this, and if you need any further explanation, message me:)

Best wishes:)

5 0

2 years ago

X + 67 = 70 <br><br> what does "x" equal?<br><br> Please explain your answer, thanks!

8_murik_8 [283]

Hey there!

3 + 67 = 70,

so your answer will be:
x = 3

Hope this helps!
Have a great day (:

5 0

3 years ago

Read 2 more answers

Find two consecutive whole numbers such that 4/7 of the larger exceeds 1/2 of the smaller by 5

Darina [25.2K]

Answer:

The consecutive numbers are 62 and 63

Step-by-step explanation:

Let the larger number be represented by x and the smaller number by y,

Provided they are consecutive numbers;

$x = y + 1$ --- Equation 1

From the question; we have that

$\frac{4x}{7} = \frac{y}{2} + 5$ --- Equation 2

Required

Find x and y

Multiply both sides of equation 2 by 14

$14 * \frac{4x}{7} = 14 * \frac{y}{2} + 14 * 5$

$2 * 4x = 7 * y + 70$

$8x = 7y + 70$ ---- Equation 3

Substitute y + 1 for x in equation 2

$8(y + 1) = 7y + 70$

Open bracket

$8y + 8 = 7y + 70$

Collect like terms

$8y - 7y = 70 - 8$

$y = 62$

$x = y + 1$

So,

$x = 62 + 1$

$x = 63$

Hence, the consecutive numbers are 62 and 63

8 0

3 years ago

2 points) Sometimes a change of variable can be used to convert a differential equation y′=f(t,y) into a separable equation. One

Stells [14]

$y'=(t+y)^2-1$

Substitute $u=t+y$ , so that $u'=y'$ , and

$u'=u^2-1$

which is separable as

$\dfrac{u'}{u^2-1}=1$

Integrate both sides with respect to $t$ . For the integral on the left, first split into partial fractions:

$\dfrac{u'}2\left(\frac1{u-1}-\frac1{u+1}\right)=1$

$\displaystyle\int\frac{u'}2\left(\frac1{u-1}-\frac1{u+1}\right)\,\mathrm dt=\int\mathrm dt$

$\dfrac12(\ln|u-1|-\ln|u+1|)=t+C$

Solve for $u$ :

$\dfrac12\ln\left|\dfrac{u-1}{u+1}\right|=t+C$

$\ln\left|1-\dfrac2{u+1}\right|=2t+C$

$1-\dfrac2{u+1}=e^{2t+C}=Ce^{2t}$

$\dfrac2{u+1}=1-Ce^{2t}$

$\dfrac{u+1}2=\dfrac1{1-Ce^{2t}}$

$u=\dfrac2{1-Ce^{2t}}-1$

Replace $u$ and solve for $y$ :

$t+y=\dfrac2{1-Ce^{2t}}-1$

$y=\dfrac2{1-Ce^{2t}}-1-t$

Now use the given initial condition to solve for $C$ :

$y(3)=4\implies4=\dfrac2{1-Ce^6}-1-3\implies C=\dfrac3{4e^6}$

so that the particular solution is

$y=\dfrac2{1-\frac34e^{2t-6}}-1-t=\boxed{\dfrac8{4-3e^{2t-6}}-1-t}$

3 0

2 years ago