A bank loans a customer $100,000 for a period of 2 years. The simple interest rate of the loan is 5.7%. What is the total amount that the customer will need to pay the bank over the 2 years?

Answers

Answer 1

Answer:

$111400

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 5.7%/100 = 0.057 per year,

then, solving our equation

I = 100000 × 0.057 × 2 = 11400

I = $ 11,400.00

The simple interest accumulated

on a principal of $ 100,000.00

at a rate of 5.7% per year

for 2 years is $ 11,400.00.


Related Questions

15+ points will give BRAINLIEST
Which function is equivalent to y=2(x+3)^2+5?

Answers

It is 3 is equivalent of y=2(x+3)^2+5

Which fraction will result in a repeating decimal?
3/4
1/3
1/4
3/8

Answers

Answer:

1/3

Step-by-step explanation:

is the answer because is a decimal

Jaclyn paid $620 to stay at a hotel. She paid $124 per
night for each of two rooms. How many nights, n, did
Jaclyn stay at the hotel?

Answers

620 = 248n
620/248 = 248n/248
n = 2.5 nights

The difference between 8 and 3
times a number is 29

Answers

Answer:

5.8

Step-by-step explanation:

8 - 3 = 5

29/5 = 5.8

x(8-3)=29

The difference times a number is in parenthesis and if it needs to be multiplied, use x as a variable and make it equal to 29

6x times (-2y)

Urgent please send solution

Answers

Answer:

_2y6x

Step-by-step explanation:

this is the answer

I hope it will helps you

1. Emily bicycle wheel had a diameter of 18 inches.
If the wheel makes 10 revolutions, approximately how far will the
bicycle have to travel? Round your answer correct to the nearest
whole number.

Answers

Heshvssheuehrbehwhdbeuwbwhehehwhehehrh

3. Diego measured the length of a pen to be 20 cm. The actual length of the pen is 22 cm.
Which of these is closest to the percent error for Diego's measurement?
A. 2%
B. 4.5%
C. 10%
D. 9%

Answers

D


22cm—>100%
2cm—->2x100\22=9.09%

Diego’s error was 2cm Which represents 9.09% of the actual length of the pen

Before sending in your payment to the credit card company, you go to a bicycle store. Approximately, how much can you spend before going over the credit limit on your card?

Answers

Answer:

$0, you are already over your credit limit

Step-by-step explanation:

Any approved transactions above your credit limit are subject to over-the-limit fees. This credit card fee is typically up to $35, but it can't be greater than the amount you spend over your limit. So if you spend $20 over your limit, the fee can't exceed $20.

What is the minimum due on a credit card?

“The minimum amount due on a credit card is the minimum amount you are required to pay, on or before the payment due date, to ensure that you do not have to pay late fees.”

Can you spend more than your credit limit?

If you make too many over-limit charges, your credit card issuer could close your credit account. Here are the most common consequences associated with spending over your credit limit: Your credit card could be declined. You could pay an over-limit fee.

Learn more about credit cards here https://brainly.com/question/26867415

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it's a ven dyagram question pls help

Answers

Answer:

a) A U B = {21,23,24,25,27,29,30,31 }

b) A n C = {24,30}

Step-by-step explanation:

A {21,24,27,30}

B {21,23,25,27,29,31}

C {20,22,24,26,28,30,32}

a) A U B = {21,23,24,25,27,29,30,31 }

b) A n C = {24,30}

Put in ascending order 0.32, -1.9, square root of 5, 2 pi, 2/3

Answers

Answer:

-1.9, 0.32, 2/3, sqrt5, 2pi

Step-by-step explanation:

i suck at fractions..............................

Answers

That would be 6 and 3/8

Factor X^2-13x+22 help pls

Answers

Answer:

(x-2)(x-11)

Step-by-step explanation:

Answer:

(x - 2)(x - 11)

Step-by-step explanation:

We have a polynomial and are asked to factor it.

Polynomial : x^2 - 13x + 22

Usually a trick I follow when factoring is that for c (in this case 22). You need to find two numbers that will multiply to it. And for b (in this case -13) you will need to find two numbers that will add to it, the same numbers you multipled for c.

So

x * y = 22

x + y = -13

These two numbers are -11 and -2.

A pipe leaks water at a rate of 48 fl oz
every 5 min.
At this rate, how many gallons of water leak from the pipe in an hour? (1
gal = 128 fl oz)

Answers

12*5=60
12*48=576
576/128=4.5
4.5 gallons

The number of gallons of water leaking from the pipe in an hour will be 4.5 gallons per hour.

What is conversion?

Unit modification is the process of converting the measurement of a given amount between various units, often by multiplicative constants that alter the value of the calculated quantity without altering its impacts.

A pipe leaks water at a rate of 48 fl oz every 5 min. Then the rate is given as,

Rate = 48 / 5 fl oz per minute

We know that 1 gal = 128 fl oz, then we have

Rate = (48 / 128) / (5 / 60)

Rate = (48 x 60) / (128 x 5)

Rate = 2880 / 640

Rate = 4.5 gallons per hour

The number of gallons of water leaking from the pipe in an hour will be 4.5 gallons per hour.

More about the conversion link is given below.

https://brainly.com/question/9414705

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PLZ HELP I NEED THIS DONE IN A FEW HOURS

Answers

1. 5/8 that’s all I did

10 + (2 x 3)2 ÷ 4 × (3 x 1/2)?

Answers

Answer:

14.5

Step-by-step explanation:

10 + (2 x 3)2 ÷ 4 × (3 x 1/2)

10 + (6)2 / 4 * (1.5)

10 + 12 / 4 * 1.5

10 + 3 * 1.5

10 + 4.5

14.5

Answer:

20.5

Step-by-step explanation:

10 + 12 ÷ 4 x 7/2

10 + 3 x 7/2

10 + 21/2

10 + 10.5

20.5

Plz help I have to turn it it by midnight!!!!!

Answers

Step-by-step explanation:

The perimeter of a polygon is the sum of all of the polygon's sides. Here, a rectangle has 4 sides:

Perimeter of Rectangle

= 2 + (4x - 3) + 2 + (4x - 3)

= (8x - 2)cm.

Answer: 8x-2 cm

Step-by-step explanation:

To find the perimeter of the rectangle, add the length of all sides together.

-----------------------------------------------------------------------------------------------------

Given

(2)+(4x-3)+(2)+(4x-3)

Expand parenthesis

2+4x-3+2+4x-3

Put like terms together

(4x+4x)+(2-3+2-3)

Combine like terms

8x-2

Hope this helps!! :)

Please let me know if you have any questions

solve for x 4x - 3 = 6x + 2 ?

Answers

Answer:

x = -5/2

Step-by-step explanation:

a student has a 73% of being let out of class late. if he leaves class late. if he leaves class late, there is a 23% chance that he will miss his train. what is the probability that he gets out of class late and misses the train?

Answers

Answer:

16.79 %

Step-by-step explanation:

hythjuuhhhjuhhhh

The answers is 16.79

What is 3:00 AM in Spanish?

Answers

Answer:

tres de la mañana

Step-by-step explanation:

im mexican

Answer: tres am

Step-by-step explanation:

Martin drew a triangle. Its sides were 3 cm, 4 cm, and 5 cm.
It has one right angle and two acute angles. Complete the sentence to describe the triangle Martin drew.
Martins triangle is —- and ——.
Answer= Martins triangle is a right triangle and a scalene triangle.

Answers

That is correct!!!!!!

Use the function f(x)=3 sin⁡(xπ/2)+2 to answer parts A - F. Show steps for C, D and E.

Answers

And the steps???????

Last year Anna read 20 books. 5 were non-fiction, 7 were graphic novels and 8 were mystery novels. What is the ratio of graphic novels to total books?

Answers

Answer:

7/20 or 7 out of 20 could be graphic novels

Step-by-step explanation:

Word form: 7 is to 20
Colon form: 7:20

True or false: f(x) is a function.
4
8
1
12
f(x)

Answers

true, they all have different values !

Joel has a goal to practice his clarinet for 4 hours per week. The list 5 1below shows the number of hours Joel has practiced so far this week. Monday 1 hours 2 1 Wednesday 1 hours 3 1 Thursday 1 hour How many more hours does Joel need to practice this week to meet his goal?

Answers

Answer:

Joel need to practice this week = [tex]\frac{3}{4}[/tex] hour

Step-by-step explanation:

P.S - the exact question is -

As given

Total practice goal of Joel = [tex]4\frac{1}{2}[/tex] hours

He practiced on : Monday - [tex]1\frac{1}{2}[/tex] hours

                             Wednesday - [tex]1\frac{1}{4}[/tex] hours

                             Thursday - 1 hour

Let the remaining practice = x hours

⇒ Total practice =  [tex]4\frac{1}{2}[/tex] hours

⇒[tex]1\frac{1}{2}[/tex] + [tex]1\frac{1}{4}[/tex] + 1 + x = [tex]4\frac{1}{2}[/tex]

⇒ 1 + [tex]\frac{1}{2} + 1 + \frac{1}{4} + 1 + x = 4 + \frac{1}{2}[/tex]

⇒3 + x - 4 = [tex]\frac{1}{2} - \frac{1}{2} - \frac{1}{4}[/tex]

⇒x - 1 = [tex]-\frac{1}{4}[/tex]

⇒x = [tex]-\frac{1}{4} + 1 = \frac{-1 + 4}{4} = \frac{3}{4}[/tex]

⇒x = [tex]\frac{3}{4}[/tex] hour

∴ we get

Joel need to practice this week = [tex]\frac{3}{4}[/tex] hour

The equation p=8.65h gives the amount p (in dollars) of pay a clerk receives for working h(hours)

Answers

Answer:

the clerk will make $8.65 an hour

Step-by-step explanation:

Answer:

P is the dependent variable, H is the independent variable

Step-by-step explanation:

Question 4 (1 point)

The organizers of a concert are preparing for the arrival of 50,000 people in a field. Each person is alloted 5 square ft of space, so the

organizers rope off a circular area big enough to account for 5 square feet per person. Find the radius of this region, rounding to the nearest

foot.

Answers

Answer:

Radius of park r = 282.04 ft (Approx)

Step-by-step explanation:

Given:

Number of people = 50,000

Each person needs area = 5 ft²

Park's is in shape of circle

Find:

Radius of park r

Computation:

Total area required = 50,000 x 5

Total area required = 250,000 ft²

Area of circular park = Total area required

πr² = 250,000

(22/7)r² = 250,000

r² = 79545.4545

r = 282.04 ft

Radius of park r = 282.04 ft (Approx)

Tiffany earns an annual income of $ 55 , 000 . After she pays taxes, her take-home pay is $ 41 , 800 . Tiffany gives 5 % of her take-home pay to a stock broker to invest into the stock market. At the end of the year, her investment earned 8 % . How much money did Tiffany's investment earn in the stock market?

Answers

Answer:

1678.95

Step-by-step explanation:

A variable needs to be eliminated to solve the system of equations below. Choose the correct first step.
8x+9y= -82
-x-9y=89

Answers

Answer:

Step-by-step explanation:

Hey could U help me with this question

Which expression would be equivalent if you expanded −2(−8x+12y)?

Answers

Answer:

16x-24y

Step-by-step explanation:

Answer:

it would be

Step-by-step explanation:

get back to your test =] sincerly daddy bri

What is an equation of the line that passes through the points (5,4) and (2,-2)?

Answers

maybe this will help

https://socratic.org/questions/what-is-the-equation-of-the-line-that-passes-through-2-2-and-5-4#475768

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