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Marrrta [24]
2 years ago
15

Stephen Simmons received a single payment loan for a loan for $6,200. he agreed to repay the loan and 160 days at an interest ra

te of 10% ordinary interest. What is the maturity value of his loan when he pays it back in 160 days. 
Mathematics
1 answer:
IRISSAK [1]2 years ago
7 0

9514 1404 393

Answer:

  $6475.56

Step-by-step explanation:

The maturity value is ...

  A = P(1 +rt)

where P is the principal amount, r is the annual rate, and t is the number of years. For ordinary interest, a year is 360 days, so the number of years is 160/360 = 4/9.

The loan value is ...

  A = $6200(1 + 0.10×4/9) ≈ $6475.56

Stephen's loan has a maturity value of $6,475.56.

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A recipe calls for 4 teaspoons of baking soda. How many cups are needed if the recipe is done 12 times?
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2 years ago
An aged merchant of Baghdad was much respected by all who knew him. He had three sons, and it was a rule of his life to treat th
IRINA_888 [86]

Answer:

Son number 1 has 3 full, 5 half, and 3 empty barrels.

Son number 2 has 4 full, 3 half and 4 empty barrels.

Son number 3 has 3 full, 5 half, and 3 empty barrels.

Step-by-step explanation:

Let's first calculate the amount of honey we have (in barrel unit):

10*1 + 13*0.5 + 10*0 = 16.5 honey units

As the father wants to split it equally between the 3 sons, each of them should get 16.5 / 3 = 5.5 honey units

And since we have 33 barrels in total which must be split equally between the sons, each should receive 33 / 3 = 11 barrels.

Since the sons are identical, let's start by splitting each of the barrels equally. We can rearrange later to match all criteria:

3 full, 4 half, and 3 empty for each of the sons, makes it 10 barrels and 3*1 + 4*0.5 + 3*0 = 5 honey unit

For 3 sons there would be 1 full, 1 half and 1 empty barrels left

We can give 1 half barrel to the 1st son, now he has 11 barrels and 5.5 units of honey. He's good to go. we have 1 full, 1 and 1 empty barrels left.

Give the full barrel to the 2nd son, now he has 11 barrels, but 6 unit of honey. So we trade the empty barrel for a half barrel of his. So he would have 4 full, 3 half and 4 empty barrels. That accounts for 11 barrels, 4*1 + 3*0.5 + 3*0 = 5.5 barrels.

We are left with 1 half barrel, that can be given to the 3rd son, now he would have 3 full, 5 half, and 3 empty barrels. That accounts for 11 barrels and 3*1 + 5*0.5 + 3*0 = 5.5 unit of honey.

7 0
2 years ago
Help Please! Thanks so much if u do
Sati [7]

Answer:

$65

Step-by-step explanation:

Let's add up the flat rate and the cost of four tires:

flat rate + 4($122.57/tire) = $555.28

We are to solve for "flat rate."  First, multiply out 4($122.57/tire), obtaining a tire cost of $490.28 total.  Subtracting this tire cost from the $555.28 Janette paid the shop, we get "flat rate" = $555.28 - $490.28, or $65.

Thus, the installation charge ("flat rate") must have been $65.

7 0
3 years ago
PLEASE HELP!!!!! Find the volume of a cone that has a diameter 30ft and a height of 12ft.
Leviafan [203]

Answer:

the answer is 2827.4

Step-by-step explanation:

\pi \:  {r}^{2}  \frac{h}{3}

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