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kifflom [539]
2 years ago
11

Pet owners may have to take out a loan when their animal has a major operation. Buddy needs to have surgery on his leg. The cost

of the surgery is $2500. His owner will get a loan for this amount over 2 years at a rate of 7.5%. What is the total cost of the surgery including the loan and the interest?
Mathematics
1 answer:
Mkey [24]2 years ago
3 0

Answer:

$2,889.06

Step-by-step explanation:

First, convert R as a percent to r as a decimal

r = R/100

r = 7.5/100

r = 0.075 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 2,500.00(1 + 0.075/1)(1)(2)

A = 2,500.00(1 + 0.075)(2)

A = $2,889.06

Summary:

The total amount accrued, principal plus interest, with compound interest on a principal of $2,500.00 at a rate of 7.5% per year compounded 1 times per year over 2 years is $2,889.06.

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The answer is
- m + 6 = 3m + 14
- 4m = 8
m =  - 2
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2 years ago
A sum amount <br>to rupees 34476 in two and a half years at 4% CI. the sum is ​
Kruka [31]

Given:

Amount = Rs. 34476

Rate of compound interest = 4%

Time = 2\dfrac{1}{2}=2.5 years

To find:

The principal value.

Solution:

Formula for amount is

A=P\left(1+\dfrac{r}{100}\right)^t

Where, P is principal value, r is rate of interest and t is time in years.

Putting the given values, we  get

34476=P\left(1+\dfrac{4}{100}\right)^{2.5}

34476=P\left(1+0.04\right)^{2.5}

34476=P\left(1.04\right)^{2.5}

\dfrac{34476}{\left(1.04\right)^{2.5}}=P

Now,

P=31256.0090

P\approx 31256

Therefore, the value of sum or principal value is Rs.31256.

6 0
2 years ago
Vill all three students complete a sign at the same time? Explain your
7nadin3 [17]
I think it would be 23 bags without any cookies left over
4 0
2 years ago
Alyn drives 20.4 miles in 17 minutes.
Galina-37 [17]

Answer:

  • 12 mph

Step-by-step explanation:

<em>Speed = distance/time</em>

  • Distance = 20.4 miles
  • Time = 17 minutes = 17*1/60 hours = 17/60 hours

<u>Speed is:</u>

  • 20.4 : 17/60 =
  • 20.4*60/17 =
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<u>Alyn exceeded the limit by:</u>

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5 0
3 years ago
Currently, the number of people entering a shopping mall is 109. It is estimated that the number of people entering the shopping
seropon [69]

Answer:

96 people.

Step-by-step explanation:

Exponential equation for a decreasing amount:

The exponential equation for a decreasing amount is given by:

A(t) = A(0)(1-r)^t

In which A(0) is the initial rate and r is the decay rate, as a decimal.

Currently, the number of people entering a shopping mall is 109.

This means that A(0) = 109

It is estimated that the number of people entering the shopping mall will decrease by 3% each hour.

This means that r = 0.03

So

A(t) = A(0)(1-r)^t

A(t) = 109(1-0.03)^t

A(t) = 109(0.97)^t

Find the total number of people entering the shopping mall at the end of 4 hours.

This is A(4). So

A(4) = 109(0.97)^4 = 96.49

Rounding to the nearest whole number, 96 people.

6 0
3 years ago
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