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Eduardwww [97]
3 years ago
11

A loan of $8,000 is paid back in two years in monthly payments of $400. The percentage interest on the loan was

Mathematics
1 answer:
Serhud [2]3 years ago
8 0

Answer:

D

Step-by-step explanation:

The number of months in two years is 24 months.

Now, with a repayment plan of $400 per month, the total amount returned will be 400 * 24 = $9,600

Now, $8,000 was borrowed but $9,600 was returned

The amount of interest is 9600-8000 = 1600

So what percentage of 8,000 is 1600?

1600/8000 * 100 = 16/80 * 100 = 1/5 * 100 = 20%

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Answer:

12

Step-by-step explanation:

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3 years ago
Do we use Pythagorean theorem to find missing sides or missing angles in a right triangle
Marina86 [1]
To find missing lengths of sides
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8 0
3 years ago
Juan invest $3700 in a simple interest account at a rate of 4% for 15 years
OleMash [197]

<em><u>Question:</u></em>

Juan Invest $3700 In A Simple Interest Account At A Rate Of 4% For 15 Years. How Much Money Will Be In The Account After 15 Years?

<em><u>Answer:</u></em>

There will be $ 5920 in account after 15 years

<em><u>Solution:</u></em>

<em><u>The simple interest is given by formula:</u></em>

S.I = \frac{p \times n \times r }{100}

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r is rate of interest

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<em><u>How Much Money Will Be In The Account After 15 Years?</u></em>

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8 0
3 years ago
How do I know when I need to use SSS or SAS in geometry? I'm having a lot of trouble understanding the difference and when to us
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SSS = Side-Side-Side
If three sides of one triangle are congruent to three sides of another triangle then the triangles are congruent.


SAS  = Side-Angle-Side
If two sides and the included angle are equal to the corresponding parts of another triangle then the triangles are congruent.'
The angle must be formed by the two pairs of congruent, corresponding sides of the triangles. If the angles are not formed by the two sides that are congruent and corresponding to the other triangle's parts then you cannot use the SAS postulate.

you will notice that the main difference between the two postulates is that the SAS consists of an angle and the SSS does not.

hope this helps :)




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2 years ago
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2 years ago
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