Answer:
Answer:
39.995=40.00
Step-by-step explanation:
0.095 is tax he just added 9.5 he is not correct
I hope this helps you
x^3=1000
x^3= 10^3
x=10
Answer:
D. $2071.20
Step-by-step explanation:
The table tells you that Bob's monthly payment on a 4-year loan at 6.5% will be $23.71 per thousand borrowed. The sum of those 48 payments is ...
48 × $23.71 = $1138.08
That means, Bob pays $138.08 in total finance charge for each $1000 he borrows. He is borrowing 15 times $1000, so his total finance charge will be ...
finance charge = 15 × $138.08 = $2071.20 . . . matches choice D
Answer:
$25
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 5%/100 = 0.05 per year,
putting time into years for simplicity,
12 months ÷ 12 months/year = 1 years,
then, solving our equation
I = 500 × 0.05 × 1 = 25
I = $ 25.00
The simple interest accumulated
on a principal of $ 500.00
at a rate of 5% per year
for 1 years (12 months) is $ 25.00.
