2. Solve the following problems involving simple interest. Recall
Simple Interest-INT=PV*r*t
An investor decides to offer a business owner a $45,000 loan at simple interest of 3.5%
per year. Find the total amount in dollars, the investor will receive when the loan is
repaid after 7 years.

2. Solve The Following Problems Involving Simple Interest. RecallSimple Interest-INT=PV*r*tAn Investor

Answers

Answer 1

Answer:

A = $56025

Step-by-step explanation:

Given that,

An investor decides to offer a business owner a $45,000 loan at simple interest of 3.5%  per year.

Principal, P = 45,000

Rate of interest, R = 3.5%

We need to find the total amount the investor will receive when the loan is  repaid after 7 years.

The formula for the simple is given by :

[tex]I=\dfrac{PRT}{100}\\\\=\dfrac{45000\times 3.5\times 7}{100}\\\\=\$ 11025[/tex]

We know that,

Amount = Principal + simple interest

So,

A = 45,000 + 11025

A = $56025

So, the required amount is equal to $56025.


Related Questions

The product of two factors is x2+ 6x + 8. If one of the factors is (x + 4), what is the other factor?

Answers

(x + 4) (x + 2)
=x^2 +2x + 4x + 8
=x^2 + 6x + 8
the other factor is (x + 2)

A lab orders a number of chemicals from the same supplier every 10 days. The lead time is six days. The manager of the lab must determine how much of one of these chemicals to order. Check of stock reviewed that 9 25-milliliter (ml) jars are on hand. Daily usage of the chemical is appropriately normal with a mean of 16 ml per day and a standard deviation of 3.5 ml per day. The desired service level for this chemical is 95%. a) How many jars of the chemical should he ordered

Answers

Answer:

3 jars of the chemical should be ordered

Step-by-step explanation:

Given the data in the question;

Ol = 10 days

d = 16 ml

z = 1.65 at 95% service level

σ = 3.5 ml

Check of stock reviewed that 9 of 25-milliliter (ml) jars are on hand

so inventory in position = 9 × 25 = 225 ml        

now,

since this is a fixed-order-internal system;

first we determine our Target inventory

Target inventory = 16 × ( 10 + 6) + 1.65√( 10 + 6 ) × 3.5

Target inventory = 265 + 23.1  

Target inventory = 288.1

so  

Amount to order = Target inventory - inventory in position

Amount to order = 288.1 - 225  = 63.1 ml

∴ number of jars to order will be;

⇒ 63.1  ml/ 25 ml = 2.5  { approximately 3 jars }

Therefore, 3 jars of the chemical should be ordered

Mrs. Crosland asked students to factor the expression 28x - 8. The students offered the answers shown in the box. Which student(s) offered answer(s) equivalent to the original expression? A. only Danny B. only Irene C. both Carlos and Danny D. both Carlos and Irene​

Answers

Answer:

Step-by-step explanation:

I can't see the factorisation that the students did. That is, Danny, Carlos and Irene. You either forgot to upload, or you couldn't.

However, I will factorise the expression for you, while you check you book to know who did the exact same factorisation.

28x - 8

This equation can be factorised when divided by 2, into

2(14x - 4)

At the same time, it can be factorised when divided by 4, into

4(7x - 2)

Basically, either of the students who choose between 2(14x - 4) and 4(7x - 2) is/are whom you'd pick for your answer.

Solve for x.
3/4(8x-12)=2(4x+1)-4
What are the step to this equation.

Answers

1. Simplify the expression
Combine like terms:
3/4(8x-12)=2(4x+1)-4
6x-9=2(4x+1)-4
6x-9=8 x-2

2. Group all X terms on the left side of the equation
Subtract 8X from both sides:
6x-9=8 x-2
(6x-9)-8x=(8x-2)-8x
-2x-9=(8x-2)-8x
-2x-9=-2

Group all constants on the right side of the equation
Add 9 to both sides of the equation:
-2x-9=-2
(-2x-9)+9=-2+9
-2x=-2+9
-2x=7

Isolate the X
Divide both sides of the equation by -2:
-2x=7
(-2x) 7
——- = —
-2 -2

X= 7

-2

X= -7

2

What's the slop of the line with the two points 3,2 and 7,9

Answers

Answer and working out attached below. Hope this helps

First you will examine how reflections affect the orientation and location of quaunder
Part A
Predict what will happen to the coordinates of a point (x, y) as the point reflects across a line to produce point (x,y). Choose the x-axis, y-axis, y = x
and y = -x for the lines of reflection. Express your answers in terms of x and y. (Be sure to watch your signs.)
B T U x X Font Sizes AA- :
E 2
Line of reflection Xy
X-axis
y-axis
-X
7:11 PM
4/19/2021
O
994
Type here to search

Answers

Answer:

x -y

-x y

y x

-y -x

Step-by-step explanation:

that's its

Is 7 a factor of 18y + 27z?

Answers

Answer:

no

Step-by-step explanation:

Answer:

No, it can't be factored

Step-by-step explanation:

Each side length is doubled. What is the PERIMETER of the new figure?

Answers

Answer:

24 units

Step-by-step explanation:

Original perimeter:

5+4+3=12

When each side length is doubled, the original perimeter is doubled.

12*2=24

Answer:

if the length of each side is is doubled then

5×2 = 10

4×2 = 8

3×2 = 6

perimeter of new figure = 10 + 8 + 6

= 24 units

hope this helps good day mate

PLEASE HELP AND EXPLAIN IT FOR ME :(

Answers

Answer:

15 x 10 x 20 =

Step-by-step explanation:

Answer:

1,100

Step-by-step explanation:

15*10*2=300

20*15*2=600

20*10=200

300+600+200=1,100

you need to find the surface area which means the area of all the sides except the top(bc i think its open???)

a shortcut i used was multiplying sides that have the same area by 2. for example, the side 15*10, there was another side like that, so i multiplied by two instead of having to solve for the other side individually, does that make sense?

check my math if im wrong

PLEASE HELP ME!!!!!.........

Answers

Answer:

C.

Step-by-step explanation:

Trust me.

How many cups are in 5/1/2 pints

Answers

Answer:

11 cups

Step-by-step explanation:

Answer:

11 us cups are in 5 1/2 pints

Step-by-step explanation:

hope this helps

Help

Write an equation for each line

Answers

Answer:

Yellow- y = -3 + 5

Red- y = 2x + 5

Purple- y = 2x - 6

Blue- x = 5

Green- y = 2

I hope this helps you ^^ Good luck :]

LOOK AT THE PHOTO PLEASE

Answers

Answer:

The answer to the question provided is 4.

Step-by-step explanation:

[tex] \: \: \: \: \: \: \: \: \: \: 9x + 4 = 5x + 20 \\ \frac{ - 5x = - 5x}{4x + 4 = 20} \\ \frac{ \: \: \: \: \: \: \: \: - 4 = - 4}{ \frac{4x}{4} = \frac{16}{4} } \\ x = 4[/tex]

[I apologize if the answer to the question is inaccurate]

Name the figure below in two different ways.

Answers

Answer:

MUV

VUM

Step-by-step explanation:

add the line arrow symbol

giving brainliest !!!!!!!

Answers

Answer:

6 square inches

Step-by-step explanation:

6(1*1) = 6 in^2

Answer:

hi

Step-by-step explanation:

i think 6×1in²=6

i hope it is true

hope it helps

have a nice day

An animal shelter has dogs and
cats. There are 5 times as many
dogs as cats. There are 42 animals
in total.
How many dogs are at the
shelter?

Answers

Answer:

(2/3,10/3)

(.667,3.333)

Step-by-step explanation:

y=5x,x+y=4

Answer:

Your answer is 8 dogs

Step-by-step explanation:÷

42 ÷ 5 = 8.4 = 8

I hope this helps

have a nice day/night

mark brainliest please :)

Which expression is equivalent to xy^2/9?

Answers

9514 1404 393

Answer:

  the correct answer is marked

Step-by-step explanation:

The denominator of a fractional exponent becomes the index of the radical when the power is written using a radical. The fractional power only applies to the y-factor, so that is all that is under the radical.

  [tex]\displaystyle xy^{\frac{2}{9}}=x\cdot (y^2)^{\frac{1}{9}}=\boxed{x\sqrt[9]{y^2}}[/tex]

Factor each completely.

2x3 - 9x2 + 9x

Answers

Answer:

x(2x−3)(x−3)

Step-by-step explanation:

2x^3−9x^2+9x

= x(2x−3)(x−3)

Matt is baking cookies.

He uses butter, sugar and flour in a ratio of 2 : 3 : 4

Matt uses 300 g of flour.

How much sugar does he use?

Answers

I am certain it is

200g butter
300g flour
400g sugar

I need help with the answer.

On a school field trip, there will be one adult for every 12 students. Which equation could be used to find “a”, the number of adults, if “s”, the number of students, is unknown?

a) a= 12s
b) a= 12/s
c) a= s/12
d) s + 12

please please please help!

Answers

Answer:

a) a = 12s

Step-by-step explaination:

Bananas cost $ 0.59 per pound.Write an equation that could be used to find the total cost,y,of x pounds of bananas.​

Answers

I think it is 5 Bc I do and if you got to know so bad

Answer:

Step-by-step explanation:

5

5g ∙ 7h in standard form

Answers

9514 1404 393

Answer:

  35gh

Step-by-step explanation:

The standard form has one coefficient, and generally has the variables in lexicographical order.

  35gh

Use 3.14 for it, and do not round your answer. Be sure to include the correct unit in your answer.

Answers

Answer:

Circumference=25.13 Area=50.27

Find the surface area of WILL GIVE BRAINLIEST FOR THE FIRST TO ANDWER CORRECTLY
the pyramid. Round to the nearest tenth if necessary
12.2 m
16 m
10.6 in.
12.2 m
12.2 m

Answers

10.6 in. = 0.27 m

Surface Area:
(12.2 x 0.27 x 1/2) + (16 x 12.2 x 1/2 x 3)

= 1.647 + 292.8

= 294.447

= 294.4 (nearest tenth)

-1/3 – ¼
please show work if you don`t please don`t answer the question

Answers

Answer:

-1/3 - 1/4

First, make common denominators

-4/12 - 3/12

Then subtract the numerators

- 7/12

What is the factored form of this expression? 27n3+125n3

Answers

Answer:

27n³+125n³ = 152n³

5.337n)(5.337n)(5.337n)

Answer:

Step-by-step explanation: use math-way a chegg service

How many times greater is the one in 1,255 than the one in 82,175

Answers

Answer:

You take 1,000 because it's in the thousandths place of 1,255. The value of that one is 1,000 so you multiply that times 100, which is the value of 1 in 82,175.

CAN YOU GUYS PLS HELP WHAT GOES IN EACH BOX ITS OVERDUE :( IM ABT TO FAIL WILL GIVE BRAINLIEST

Answers

Answer:

18 days.

Step-by-step explanation:

Takes 6 days to eat 1 apple so multiply 6 by three to get your answer.

Answer:

18 days

Step-by-step explanation:

since the ratio is 3 days to 1/2 that would mean 6 days is to 1 apple, so if you just multiply 6 days by 3 you would get 18 days because you would need to find how many days for 3 apples.

Which confidence level will produce the widest confidence interval, given a
sample proportion of 0.6?
A. 95%
B. 80%
C0. 68%
D. 90%

Answers

Answer:

95%

Step-by-step explanation:

Just answer it

The area of a poster board is (x2 + 9x – 10) square inches. Find the dimensions of the
poster board if x = 16.
The dimensions of the poster board are
inches by
inches.

Answers

Answer:

                                                 

Step-by-step explanation:

 

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