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
Rasek [7]
3 years ago
12

If you borrow $5000 at an interest rate of 8% for 9 years how much interest will you pay? (I got $3600 but I don't know if its r

ight)
Mathematics
1 answer:
natta225 [31]3 years ago
5 0

Step-by-step explanation:

Principal:- $5000

Rate= 8%

Time = 9 years

Interest = P×R×T/100

= 500×8×9/100

= 5×8×9

= 40×9

= 360

Hence, Interest = $360.

if it helps don't forget to like and mark me

You might be interested in
A=5
IRINA_888 [86]
1. 19
2. 14
3. 9
4. 10 rounded didn’t know if you wanted decimals
5. 4
6 0
1 year ago
Almost all employees working for financial companies in New York City receive large bonuses at the end of the year. A sample of
lora16 [44]

Answer:

The 90% confidence interval for the average bonus that all employees working for financial companies in New York City received last year is between $43,819 and $50,181

Step-by-step explanation:

We have the standard deviation for the sample, which means that the t-distribution is used to solve this question.

T interval

The first step to solve this problem is finding how many degrees of freedom, we have. This is the sample size subtracted by 1. So

df = 62 - 1 = 61

90% confidence interval

Now, we have to find a value of T, which is found looking at the t table, with 61 degrees of freedom(y-axis) and a confidence level of 1 - \frac{1 - 0.9}{2} = 0.95. So we have T = 1.67

The margin of error is:

M = T\frac{s}{\sqrt{n}} = 1.67\frac{15000}{\sqrt{62}} = 3181

In which s is the standard deviation of the sample and n is the size of the sample.

The lower end of the interval is the sample mean subtracted by M. So it is 47000 - 3181 = $43,819

The upper end of the interval is the sample mean added to M. So it is 47000 + 3181 = $50,181

The 90% confidence interval for the average bonus that all employees working for financial companies in New York City received last year is between $43,819 and $50,181

6 0
2 years ago
△OMT≅△HZE. If \text{m}\angle O = 51^{\circ}m∠O=51
professor190 [17]

so true

just do it mega easy

6 0
2 years ago
Find the solution of the differential equation that satisfies the given initial condition. dy/dx=x/y , y(0)=-1
Charra [1.4K]

Separating variables, we have

\dfrac{dy}{dx} = \dfrac xy \implies y\,dy = x\,dx

Integrate both sides.

\displaystyle \int y\,dy = \int x\,dx

\dfrac12 y^2 = \dfrac12 x^2 + C

Given that y(0)=-1, we find

\dfrac12 (-1)^2 = \dfrac12 0^2 + C \implies C = \dfrac12

Then the particular solution is

\dfrac12 y^2 = \dfrac12 x^2 + \dfrac12

y^2 = x^2 + 1

y = \pm\sqrt{x^2 + 1}

and because y(0)=-1, we take the negative solution to accommodate this initial value.

\boxed{y(x) = -\sqrt{x^2+1}}

7 0
2 years ago
A submarine sandwich 1.5feet long is cut into 0.25 foot pieces. how many pieces will there be?
MA_775_DIABLO [31]
There would be 6 pieces.
6 0
2 years ago
Read 2 more answers
Other questions:
  • What shape would you make if you connected the intersections to each endpoint. Instead of connecting the intersections of the ar
    13·1 answer
  • 16) Assuming that the number of shoppers who buy a packet of crackers is approximately normal with a mean of 20 and standard dev
    14·1 answer
  • A water tank holds 18000 gallons. How long will it take for the water level to reach 6000 gallons if the water is used at an ave
    12·2 answers
  • To convert 352 fluid ounces into gallons, which two ratios would you multiply by
    11·1 answer
  • A groundhog sitting on its hind legs is 18 inches high and casts a shadow 3 feet, 9 inches long. If a nearby tree casts a shadow
    6·1 answer
  • -7-2x=7 (x+8) what does X equal ​
    6·1 answer
  • Can you help me please?
    14·2 answers
  • -x<-26 what is the answer???
    14·1 answer
  • The difference of x and 7 is at most -28. Translate the sentence into an inequality
    14·1 answer
  • Everyday Math
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!