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klio [65]
3 years ago
6

Leo buys a new car for $17,600. The simple interest rate is 8.4% and the amount of loan (plus simple interest) is repayable in 5

years. What is the total amount that must be repaid?
Round your answer to the nearest dollar and do not round until the final answer.
Mathematics
1 answer:
Dmitrij [34]3 years ago
7 0

Answer:

$24,992

Step-by-step explanation:

The equation for simple interest is I = PRT where I is the interest earned, P is the principal deposited/borrowed, R is the rate as a decimal, and T is time in years.

I = (17,600)(0.084)(5)

I = 7,392

The total amount that must be repaid is the interest + the principal:

7,392 + 17,600 = 24,992

Please let me know if you have questions

You might be interested in
Company A offers a weekly salary of $360 plus a commission of 18% on thier dollar sales volume. Company B offers a weekly salary
Lera25 [3.4K]

Answer: The dollar sales volume will be $4000

Step-by-step explanation:

Let x represent the amount of sales volume for which the two offers result in the same pay.

Company A offers a weekly salary of $360 plus a commission of 18% on their dollar sales volume. This means that the total value offered by company A for x sales volume is

360 + 0.18x

Company B offers a weekly salary of $720 plus commission of 9% on their dollar sales volume. This means that the total value offered by company B for x sales volume is

720 + 0.09x

For the two offers to be the same, the sales volume would be

360 + 0.18x = 720 + 0.09x

0.18x - 0.09x = 720 - 360

0.09x = 360

x = 360/0.09

x = $4000

6 0
3 years ago
Simplify (-343,000) 1/3
bixtya [17]
-343,000 x 1/3 = -114,333.333333333219
3 0
3 years ago
Mr. Trager has $500.00 to spend at a bicycle store. All prices listed below include tax. . He buys a new bicycle for $273.98. .
Anon25 [30]

Answer:

2 outfits

Step-by-step explanation:

first you have the total amount of money he has.

next subtract the amount of money he spends on the new bicycle

500-273.98=226.02

next find the total cost of the 3 bicycle reflectors

7.23 times 3 = 21.69

Subtract that total from the remaining amount of money left

226.02 - 21.69 = 204.33

Then subtract the helmet from the remaining money

204.33 - 42.36 = 161.97

now divide the remaining money by 78.12 to find out how many outfits he can buy

161.97 / 78.12 = around 2.07

So the answer is he can only buy 2 outfits with the remaining money

(you can not buy 2.07 outfits)

hope this helps and was what you were looking for

3 0
3 years ago
30 Points! please help!
SVEN [57.7K]

Answer:

18) 4 * 10 ^ -10

19) t ^ 9

Step-by-step explanation:

18. When multiplying in scientific notation, just multiply the regular numbers together and add the exponents for the tens.

So it'll be 40 * 10^-11

However, the beginning number should have the decimal right after the 4, not any place after (for example, it's 3.056, not 30.56 or 3056.)

To fix this, move the decimal place forward one space from 40. to 4.0, and add 1 to the -11 power.

So the answer is now 4 * 10^-10

19. When dividing exponents, if the base number is the same, you can divide. (Basically, you can not divide x^2 and y^3 because x and y aren't the same)

Since in this case it's t, you can divide.

Dividing exponents is simple: just subtract them.

14 - 5 = 9

so the answer is t ^ 9

3 0
4 years ago
Help me someone:((!!!!!
LiRa [457]

Answer:

Hope this helps!

Step-by-step explanation:

2L + 3S = 83

 

4L + 8S = 197

 

Multiplies the top equation by -2.

-4L + -6S = -166

 

4l  + 8S = 197

 

 

Adding them together...

 

2S = 31

 

S = 31/2 = 15.5

 

Plugging into the first equation:

 

 2L + 3S = 83

 

 2L + 3(15.5) = 83

 

2L + 46.5 = 83

 

2L = 83 - 46.5

 

2L = 36.5

 

L = 36.5/2 = 18.25

 

check:

 

2L + 3S = 2(18.25) + 3(15.5) = 36.5 + 46.5 = 83

 

4L + 8S = 4(18.25) + 8(15.5) = 73 + 124 = 197

 

The Large box weighs 18.25

The small box weighs 15.5

6 0
3 years ago
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