Ask question

Ask question

All categories

4 years ago

12

The chief business officer of a construction equipment company arranges a loan of $9,300, at 12 1/8 interest for 37.5 months. Fi

nd the amount of interest. (Round to the nearest cent)

1 answer:

Anna [14]4 years ago

6 0

Answer:$766.88

Step-by-step explanation: Assuming that you mean 12 1/8 is 12.125%, to find the answer all you need to do is $9300 divided by 37.5 to get $248 per month. Then, you need to divide $248 by 12.125 to get the interest per month which is about $20.45. Now all you need to do is multiply $20.45 by 37.5 months to see how much interest received.

The interest received is about $766.88

You might be interested in

Three bags of chips and sodas cost $12.50. Four bags of chips and two sodas cost $10.00. What is the cost of each item? ASAP pls

Helen [10]

Step-by-step explanation:

3c + 3s = 12.50

4c + 2s = 10.00

3S = 12.50-3c

s = 4.17 - c

4c + 2 (4.17-c) = 10.00

2c + 8.34 = 10.00

2c = 1.66

chips = 0.83

soda = 3.34

7 0

3 years ago

Using the simple interest formula I = PRT, calculate the interest that would be earned.

Korolek [52]

SI = P × R × T

SI = 1000 × 6/100 × 2 = $120

4 0

3 years ago

What’s the answer I don’t get this

luda_lava [24]

Answer:

K(-1)=6

Step-by-step explanation:

t=-1

2 times -1 squared

-1 squared=1

2x1 = 2

2+4=6

K(-1)=6

5 0

3 years ago

Indicate in standard form the equation of the line passing through the given points, writing the answer in the equation

Kryger [21]

Answer:

$y + x - 6 = 0$

Step-by-step explanation:

Given

$M(0,6) \ and \ N(6,0)$

Required

Find the equation of the line

First, the slope of the line has to be calculated using the following formula;

$m = \frac{y_2 - y_1}{x_2 - x_1}$

$where\ (x_1,y_1) = (0,6) \ and \ (x_2,y_2) = (6,0)$

So, the equation becomes

$m = \frac{0 - 6}{6 - 0}$

$m = \frac{-6}{6}$

$m = -1$

The equation of the line can then be calculated using

$m = \frac{y - y_1}{x - x_1} \ or \ m = \frac{y - y_2}{x - x_2}$

$Using \ m = \frac{y - y_1}{x - x_1}$

$-1 = \frac{y - 6}{x -0}$

$-1 = \frac{y - 6}{x}$

Multiply both sides by x

$-1 * x = \frac{y - 6}{x} * x$

$-x = y - 6$

Add x to both sides

$x -x = y - 6 + x$

$0 = y - 6 + x$

Reorder

$y + x- 6 = 0$

$Using \ m = \frac{y - y_2}{x - x_2}$

$-1 = \frac{y - 0}{x - 6}$

$-1 = \frac{y}{x - 6}$

Multiply both sides by x - 6

$-1 * (x-6) = \frac{y}{x - 6} * (x-6)$

$-1 * (x-6) = y$

$-x+6 = y$

Add x - 6 to both sided

$x - 6 -x+6 = y +x - 6$

$0 = y + x - 6$

$y + x - 6 = 0$

Hence, the equation of the line is $y + x - 6 = 0$

3 0

3 years ago

I need help on this question

Paul [167]

9P2 =72

= 9!/ (9-2)!

4 0

4 years ago