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3 years ago

Find the total amount due on a loan of $5000 for eight years and 10% simple interest

Mathematics

1 answer:

topjm [15]3 years ago

4 0

Answer:

170years

Step-by-step explanation:

R/100=2.5%

time= 100=0.025 per year (1/0.025) (5200\1000)-1=168

time=168 years

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Write the first five terms of the geometric sequence in which a1=64 and the common ratio is 5/4

natita [175]

Remember that finding terms in a geometric sequence is done by multiplying the previous term by a common ratio $r$ . For example, we can say:

$a_2 = a_1 r$

$a_3 = a_2 r = (a_1 r)r = a_1 r^2$

We have $a_1 = 64$ . To find $a_2$ , let's multiply this term by $\frac{5}{4}$ :

$a_2 = 64 \cdot \frac{5}{4} = 80$

Now, let's use this to find all of our other terms:

$a_3 = 80 \cdot \frac{5}{4} = 100$

$a_4 = 100 \cdot \frac{5}{4} = 125$

$a_5 = 125 \cdot \frac{5}{4} = \frac{625}{4}$

Thus, our terms are 64, 80, 100, 125, and (625/4).

8 0

3 years ago

John borrowed $ from bank for 3 years at a rate of 10%

garik1379 [7]

<h3>Given:</h3>

P= $12500
R= 10%
T= 3 years

P= Principal amount
R= Rate of interest
T= Time period

The simple interest
The total amount paid

<h3>Solution:</h3>

$\large\boxed{Formula: I= \frac{PRT}{100}}$

First, we'll have to multiply, principal amount (12500), rate (10) and time period (3).

$12500×10×3$

$=375000$

Now, we'll have to divide the amount (375000) by 100.

$\frac{375000}{100}$

I=$3750

Now, we can find the total amount paid.

$\large\boxed{A=SI+P}$

Let's substitute according to the formula.

$A=3750+12500$

A=$16250

Therefore, simple interest is $3750 and $16250 was paid in total.

5 0

2 years ago

what is 4.6 rounded ? what is 0.5 rounded? what is 4.5 rounded? what is 5.5 rounded? what is 0.6 rounded?

mr Goodwill [35]

Answer:

4.6 is 5 , 0.5 is 1, 4.5 is 5, 5.5 is 6 and 0.6 is 1

Step-by-step explanation:

If the second digit after the decimal is 5 or high you round it up

5 0

3 years ago

Read 2 more answers

Kristen worked 39 hours in 6 days

Fittoniya [83]

<h2>39/6 = 6.5</h2><h2 /><h2>6 hours 30 minutes</h2>

5 0

3 years ago

Read 2 more answers

A student downloaded a new game on her phone that was recommended by her friend. She wanted to show her friend how good

anygoal [31]

Answer:

a. 587

b. 543

Step-by-step explanation:

a. Mean = sum / number of numbers

To find the sum, we can add the numbers up.

432 + 543 + 348 + 788 + 823 = 2934

There are 5 numbers. Our mean is thus

2934/5 = 586.8, or 587 when rounding up. We round up because we have a .8 at the end, and 8 ≥ 5

b. To find the median, we first must order the numbers. The numbers ordered are this:

348 , 432 , 543 , 788 , 823

To find the median, we can cross off one number on each side until we are left with one or two numbers.

348 , 432 , 543 , 788 , 823

cross out one number from each endpoint

432 , 543 , 788

cross out one number from each endpoint

543

7 0

2 years ago

Find the total amount due on a loan of $5000 for eight years and 10% simple interest￼

Find the total amount due on a loan of $5000 for eight years and 10% simple interest