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asambeis [7]
3 years ago
15

Juan dimes received a single payment loan from his loan for $4,000. he agreed to repay the loan in 90 days at an interest rate o

f 8.5% exact interest. what is the maturity value of his loan when he pays it back in 90 days. 
$83.84
$4,085.00
$4,083.84
$85.00
Mathematics
2 answers:
Elanso [62]3 years ago
5 0

Answer:

4008.5

Step-by-step explanation:

AVprozaik [17]3 years ago
4 0

9514 1404 393

Answer:

  (c)  $4,083.84

Step-by-step explanation:

The amount due is ...

  A = P(1 +rt)

where P is the amount borrowed, r is the annual rate, and t is the number of years. For "exact interest", we use 365 days in a year, so the number of years is 90/365.

  A = $4000(1 + 0.085×90/365) ≈ $4083.84

Juan's loan will have a value of $4083.84 at maturity.

You might be interested in
An empty erlenmeyer flask that weighs 245.8 g is filled with 125 mL of carbon tetrachloride . The weight of the flask and carbon
AveGali [126]

Answer:

The density is 1.59 g/mL. Therefore, the substance will NOT float in water.

Step-by-step explanation:

The following data were obtained from the question:

Mass of empty flask = 245.8 g

Mass of flask + CCl₄ = 444.6 g

Volume of CCl₄ = 125 mL

Density of CCl₄ =?

Next, we shall determine the mass of carbon tetrachloride, CCl₄. This can be obtained as follow:

Mass of empty flask = 245.8 g

Mass of flask + CCl₄ = 444.6 g

Mass of CCl₄ =.?

Mass of CCl₄ = (Mass of flask + CCl₄) – (Mass of empty flask)

Mass of CCl₄ = 444.6 – 245.8

Mass of CCl₄ = 198.8 g

Finally, we shall determine the density of carbon tetrachloride, CCl₄ as follow:

Mass of CCl₄ = 198.8 g

Volume of CCl₄ = 125 mL

Density of CCl₄ =?

Density = mass / volume

Density of CCl₄ = 198.8 / 125

Density of CCl₄ = 1.59 g/mL

The density of water is 1 g/mL. Since the density of carbon tetrachloride, CCl₄ (i.e 1.59 g/mL) is bigger than that of water, the substance will not float in water.

7 0
3 years ago
A trapezoid has an area given by A =1-2(b1+b2)h,where b1,is the length of one base, b2 is the length of the other
Neporo4naja [7]

Answer:

  b1 = (28/h) -b2

Step-by-step explanation:

Filling in the given value for A, you have ...

  14 = (1/2)(b1 +b2)h

Multiply by 2/h:

  28/h = b1 +b2

Subtract b2:

  b1 = (28/h) -b2

3 0
3 years ago
Adriana went to school for 6 2/5 hours on Tuesday. What is 6 2/5 expressed as a decimal?
lozanna [386]

Answer:

6.4 .

Step-by-step explanation:

this was on my test

3 0
3 years ago
HELP ASAP!!! LOTS OF POINTS!
aleksklad [387]

Answer:

You can use the formula for the perimeter of a square to find the length of one of the square's sides. Then substitute that information into the formula for the area of a square and solve.

Step-by-step explanation:

Taking the exam same as you 90 % sure this is right

7 0
4 years ago
Help me please I don’t know what the answer is
Anon25 [30]
I believe that B) m<3 would need to double. Since m<6 and m<3 are corresponding angles, they are always equal. So if 6 doubles, 3 needs to as well in order to be equal.
5 0
3 years ago
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