Answer:
The total interest to pay back on the loan is $122.40
Step-by-step explanation:
Here. we want to get the amount of interest on the loan
We are going to use the compound interest formula here
A = P(1 + r/n)^nt
where A is the amount to be paid back
P is the amount borrowed called the principal which is $1,500
r is the interest rate which is 4% annually
This is same as 4/100 = 0.04
n is the number of times the interest will be compounded per year ; annually means yearly and so for this case, n = 1
t is the number of years = 2
So we have;
A = 1500(1 + 0.04/1)^(2)(1)
A = 1500(1.04)^(2)
A =$ 1,622.40
So the amount of interest is the difference between the amount borrowed and the value to pay back
That will be;
$1,622.40 - $1,500
= $122.40
Answer: y = 2x -2
Step-by-step explanation: parallel is same slope diff y intercept
y = 2x
4 = 2(3) + x
4 = 6 + x
x = -2
R10 is 5% of R200
<h3>What percentage is R10 of R200?</h3>
The given parameters are:
R10 of R200
The percentage is calculated as
Percentage = R10/R200 * 100%
Evaluate the product
Percentage = 5%
Hence, R10 is 5% of R200
Read more about percentage at:
brainly.com/question/843074
#SPJ1
Answer:
17 = K
Step-by-step explanation:
Add 5 to both sides to get K = 17
Answer:
Vol. of the composite figure is 189 m³
Step-by-step explanation:
Find the volume of the larger figure by mult. together its 3 dimensions:
V = (9 m)(8 m)(3 m) = 216 m³.
Next, find the volume of the "notch," which is (3 m)³, or 27 m³.
Finally, subtract the "notch" volume from the 216 m³ volume found earlier:
216 m³ - 27 m³ = 189 m³
