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damaskus [11]
3 years ago
11

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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PLEASE HELP ON #3 ASAP!
IrinaK [193]

9514 1404 393

Answer:

  1a: x+3 = 5

  1c: 6 = 2z

  2b: x = 2

  2d: 3 = z

  3: the solutions make the hangars balance

Step-by-step explanation:

1. We can write the equations by listing the contents of the hangar and using an equal sign to show the balance between left side and right side. It can work well to put left side contents of the hangar on the left side of the equal sign.

  A: x + 3 = 5

  C: 1 + 1 + 1 + 1 + 1 + 1 = z + z  simplifies to  6 = 2z

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2. B: We can subtract 3 from both sides of the hangar (and equation) to find the value of x.

  (x +3) -3 = 5 -3

  x = 2 . . . . . hangar balances with 2 on the right

D: We can divide both sides of the hangar by 2, splitting the content into two equal parts. Then one of those parts can be removed from each side.

  2(3) = 2(z)

  3 = z . . . . . . hangar balances with 3 on the left

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3. The found values will keep the hangar in balance when they are substituted for the corresponding variables.

  A: 2 + 3 = 5

  C: 1 + 1 + 1 + 1 + 1 + 1 = 3 + 3

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3 years ago
Is the following graph a linear<br> function, a nonlinear function, and/or a<br> relation?
anyanavicka [17]

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4.) Kandice can read ¾ of a book in ½ an hour. What is the rate that she can read a book in terms of books per hour? ( I think i
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The answer is 20 and6
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3x+4x+5x   +8-1 +2

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