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3 years ago

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:

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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Circle A has area 500 in2. The diameter of circle B is 3 times the diameter of circle A. Estimate the area of circle B.

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2 years ago

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3 years ago

Solve y = x + 4 for x.<br> x = y − 4<br> x = y + 4<br> x = −y + 4<br> x = −y − 4

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3 years ago

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A person x inches tall has a pulse rate of y beats per minute, as given approximately by yequals600 x Superscript negative 1 di

tankabanditka [31]

Answer:

a) 5.13beats/min

b) 2.82 beats/min

Step-by-step explanation:

Given the pulse rate of a person modelled by the equation y = 600x^-1/3 for 30≤x≤75

If the height is 39inches, the instantaneous rate of change of pulse rate for the heights will be expressed as;

y = 600(39)^-1/3

y = {600(1/39)}/3

y = 600/39×3

y = 600/117

y ≈ 5.13beats/min

The instantaneous rate for a 39 inches tall person is 5.13 beats per min

b) For a 71inches tall person, the beat rate will be expressed as;

y = 600(71)^-1/3

y = {600(1/71)}/3

y = 600/71×3

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3 years ago

A restaurant sells about 330 sandwiches each day at a price of $6 each $.25 decrease in price. 15 more sandwiches are sold per d

zmey [24]

Answer:

restaurant should charge $(6-0.25) = $5.75per sandwich to maximize daily revenue.

the revenue is $1983.75

Step-by-step explanation:

to calculate current revenue= $6 x 330 = $1980

suppose x as the number of times the price to be dropped by $0.25

then find new price.. i.e

new price= $(6-0.25x)

and, new sell=330 +15x sandwiches

therefore, the new revenue would be= (6-0.25x)(330 +15x)

in order to maximize the current revenue, simplify the above equation and make it complete square using x

(6-0.25x)(330 +15x)

=1980-82.5x +90x -3.75 $x^{2}$

=1980 + 7.5x -3.75 $x^{2}$

=1980-3.75 (-2x+ $x^{2}$ ) ----> taking out common

now, to make a complete square lets add and subtract 1 inside the parentheses

=1980-3.75(-1+1-2x+ $x^{2}$ )

=1980 +3.75 -3.75( $x^{2}$ -2x +1)

=1983.75 -3.75 $(x-1)^{2}$ ---->(1)

as $(x-1)^{2}$ is positive always, minimize the other term in order to maximize the total revenue.

so the minimum possible value of $(x-1)^{2}$ = 0

therefore, x=1

putting x in eq(1) the revenure becomes,

$(1983.75-0)=> $1983.75

therefore, restaurant should charge $(6-0.25) = $5.75per sandwich to maximize daily revenue.

the revenue is $1983.75

3 0

3 years ago