3 years ago

A 90-day simple interest loan in the amount of $2,350 will be paid in full in the amount of $2,500.

Mathematics

2 answers:

inysia [295]3 years ago

8 0

The answer would be A 26 percent

puteri [66]3 years ago

3 0

Answer:

26%

Step-by-step explanation:

The amount due is ...

A = P(1 +rt)

2500 = 2350(1 +r(90/360)) . . . . using ordinary interest

2500/2350 -1 = r/4

r = 12/47 ≈ 25.53% ≈ 26%

The rate of the loan is about 26%.

You might be interested in

Mary pumped 7 gallons of water out of her pool each minute for 63 minutes. What was the total change in the amount of water in t

ruslelena [56]

Answer:

The amount of water is 30 gallons a minute

5 0

2 years ago

Read 2 more answers

The sides of whiteboard are 1 foot by 1 foot. How many 2 inch by 2 inch Post-it notes will be needed to cover the entire whitebo

Wittaler [7]

18 post it notes are needed to cover the entire bored.

6 0

2 years ago

The number part when a number and a variable are multiplied together in a term is called the _____.

77julia77 [94]

Answer:

Coefficient

Step-by-step explanation:

-Usually a combination of variables and constants are multiplied to get a product.

-The constant or number part in the multiplication process is called the Coefficient

7 0

2 years ago

A bag contains 6 red and 10 black marbles. If Mia picks a marble, records its color, and returns it to the bag 200 times, how ma

Daniel [21]

She can expect to pick a black marble 125 times

7 0

3 years ago

What is also know as a linear system

kicyunya [14]

Answer:

Two or more linear equations in the same variables; also called a linear system. ... A linear system with infinitely many solutions. System of Linear Inequalities. Consists of two or more linear inequalities in the same variable.

3 0

2 years ago