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3 years ago

Ricardo borrows $1,850 for 10 months at an interest rate of 12.25%. What amount will

Mathematics

1 answer:

jonny [76]3 years ago

7 0

9514 1404 393

Answer:

$2038.85

Step-by-step explanation:

The value of the loan at that point is given by ...

A = P(1 +rt) . . . . . Principal P, rate r, time t (years)

A = $1850(1 + 0.1225·(10/12)) = $2038.85

Ricardo will have paid back $2038.85 at the end of the loan period.

_____

<em>Additional comment</em>

We assume that the loan accrues simple interest and that the amount due is the sum of principal and interest at the end of the loan period.

The question is not specific as to whether interest compounds, or whether intermediate (monthly) payments are made. There are many possible ways the loan could be repaid, generally involving different amounts for the different terms.

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Fill in the Blanks

tatyana61 [14]

Answer: This would fill 4 and 4/9 containers.

Explanation:

Since we have given that

Quantity of walnuts in a container is given by

$6\frac{2}{3}=\frac{20}{3}\ pounds$

Quantity of walnuts which divided equally into containers is given by

$1\frac{1}{2}=\frac{3}{2}\ pounds$

Now, number of containers they would fill is given by

$\frac{\frac{20}{3}}{\frac{3}{2}}=\frac{20\times 2}{3\times 3}=\frac{40}{9}$

When we change it into mixed fractions we get,

$\frac{40}{9}=4\frac{4}{9}$

So, blank will be filled with '4'.

7 0

3 years ago

Read 2 more answers

A gallon of gasoline cost 2.96. Your car has a 25 gallon gas tank and can travel 28.8 miles on each gallon of gasoline. How much

geniusboy [140]

<h2>Greetings!</h2>

Answer:

It would cost 47.36

Step-by-step explanation:

First, you need to find out how many gallons are needed to fill the tank. To do this, simply multiply 25 by the fraction that is how much is already in there:

25 x $\frac{3}{8}$ = 9.375

So that means that there is 9.375 gallons already in the tank. To find the amount needed to fill the tank:

25 - 9.375 = 15.625

So 15.625 gallons are needed, rounded up to 16 gallons because you cannot get a decimal value of gallons.

That means that 16 x the price = the amount to fill the tank:

16 x 2.96 = 47.36

So it would cost 47.36 to fill the tank!

<h2>Hope this helps!</h2>

4 0

4 years ago

Write an equation that represents the line.<br> Use exact numbers

Alekssandra [29.7K]

Y=2/3x+2/3 bc slope is 2/3 and 4-2/4-1=2/3

7 0

3 years ago

20 points

CaHeK987 [17]

Answer:

!!!

Step-by-step explanation:

7 0

3 years ago

Can someone help me its urgent:( ??

wariber [46]

Answer:

see the procedure

Step-by-step explanation:

Identify

Let

x ---> the cost of the Xbox one at Walmart

Strategy

we know that

The cost of the Xbox one at Walmart multiplied by 2 plus $50 must be equal to $450

Set up

The algebraic expression that represent this situation is

$450=2x+50$

Solve

solve for x

$450=2x+50$

$2x=450-50\\2x=400\\x=\$200$

Check

substitute the value of x in the equation

$450=2(200)+50$

$450=450$ ----> is ok

6 0

3 years ago