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:
A. 33
Step-by-step explanation:
Add 4 to each number
1. 5 is your first number
2. 5+4= 9 is your second number
3. 9+4= 13 is your third number
4. 13+4= 17 ...
5. 17+4= 21 ...
6. 21+4= 25 ...
7.25+4= 29 ...
8.29+ 4= 33 is your eight number
It's hard to explain by words so sorry if you don't understand. For the graphing part, starting from (-3, 0), plot points in (1, 2), (6, 3), and connect them. The end of a line should be (10, 3.5). You will understand better if you use graphing calculator.
The answer of a second question is {x|x is greater or equal to -3.
Answer:
$29,900
Step-by-step explanation:
The computation of the balance of Work in Process as of April 30 is shown below:
= Opening balance of work in process + direct material cost + direct labor cost + factory overhead cost - goods finished
= $7,000 + $78,400 + $195,000 + $136,500 - $387,000
= $29,900
The direct material cost + direct labor cost + factory overhead cost is known as manufacturing cost
300x .02= 6
6x10=60
Therefore the answer is $360
