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Sedaia [141]
2 years ago
9

Find the maturity value of a loan of $2500 at simple interest that is to be repaid in 8 months. The interest rate is 4. 3%. A) $

321. 46 B) $2571. 67 C) $2607. 50 D) $9666. 67.
Mathematics
1 answer:
Oksanka [162]2 years ago
8 0

The maturity value of a loan of $2500 at the simple interest rate of 4.3% that is needed to be repaid in 8 months is $2607.50.

<h3>What is simple interest?</h3>

Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. It is calculated with the help of the formula,

SI = \dfrac{P\times R\times T}{100}

where SI is the simple interest, P is the principal amount, R is the rate of interest, and T is the time period.

As it is given the principal amount of the loan is $2500, while the interest rate is 4.3%, therefore, after a period the interest on the loan will be,

SI = \dfrac{P\times R\times T}{100}\\\\SI = \dfrac{2500 \times 4.3 \times 1}{100}\\\\SI =107.5

Thus, the interest amount on the loan of $2500, is $107.5.

Now, in order to find the value of the loan we need to add the interest and the principal amount of the loan together. Therefore, the value of the loan can be written as,

The value of the loan = Principal Amount + Interest rate

                                    = $2500 + $107.5

                                    = $2607.50

Hence, the maturity value of a loan of $2500 at the simple interest rate of 4.3% that is needed to be repaid in 8 months is $2607.50.

Learn more about Simple Interest:

brainly.com/question/2793278

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A Ferris wheel has a diameter of 380 feet and the center of the wheel is 195 feet above the ground. The wheel makes a complete t
Aleksandr [31]

Answer:

<u><em>y = -190 cos(π t / 120) + 195</em></u>

Step-by-step explanation:

<em>General form of a sinusoidal function: y = A cos(Bt - C) + D </em>

<em> </em>

<em>Now generally a cosine function starts at the maximum value, so to start at the minimum value, flip the cosine function by making it negative. </em>

<em> </em>

<em>A is the amplitude of the curve and will be the radius of the ferris wheel. Therefore, A = 380 / 2 = 190 feet. </em>

<em> </em>

<em> 2π / B is the period of the curve and will be the time to complete one full rotation. The time to complete one full rotation is given as 4 minutes. Convert this into seconds to get period = 4 minutes * (60 seconds / minute) = 240 seconds. Therefore, B = 2π / period = 2π / 240 seconds = π / 120. </em>

<em> </em>

<em> C/B is the phase shift, or horizontal shift of the graph. Since the negative cosine function already starts at the minimum value, there is no phase shift so C/B = 0, meaning C = 0. </em>

<em> </em>

<em> D is the vertical shift and will be the height of the center of the ferris wheel. Therefore, D = 195 feet. </em>

<em> </em>

<em> Your final function will be:</em>

<u><em>y = -190 cos(π t / 120) + 195</em></u>

7 0
3 years ago
4g−124, g, minus, 12 when g=5g=5
allsm [11]

Answer:

4g-124= -104, g-12= -7

Step-by-step explanation:

g=5

4g-124= ?     g-12

4(5)-124         5-12

4(5)= 20        5-12= -7

20 - 124= -104

4 0
3 years ago
What is the coefficient of x in the expression?<br><br> 6x + 9y + 15z
givi [52]

Answer: 6

A coefficient is a numerical or constant quantity placed before and multiplying the variable in an algebraic expression.

In this case we want to find the coefficient that has x. 6 is the only coefficient in the expression 6x + 9y + 15z that has the coefficient of x.

Basically, a coefficient is simply a number that has a variable after it.

6 0
3 years ago
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Help me, cause I'm tuck
r-ruslan [8.4K]

Answer:

The answer would be 1.33 x 10^{4}

Step-by-step

1.28 x 10^{4} = 12800

5 x 10^{2} = 500

12800 + 500 = 13300

13300 = 1.33 x 10^{4} in scientific notation

Hope this helps:)

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8 0
3 years ago
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Oksana_A [137]

Answer:

1: Sides

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Step-by-step explanation:

3 0
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