Al and Angela both took out loans from the bank for $2,000 to help with their bills. Al's loan was calculated with a simple interest rate of 14% and Angela's loan had an interest rate of 13% that compounded annually. They each paid off their loans in 5 years. Who repaid the bank more money and how much more did they repay?

Answers

Answer 1

Answer:

Angela  $3680

Step-by-step explanation:

For Al's loan (simple interest )

p=$2000

rate=14%= 14/100= 0.14

time t= 5years

A=p(1+rt)]

A=2000(1+0.14*5)

A=2000(1+0.7)

A=2000(1.7)

A=$3400

For Angela  loan (compounded interest )

p=$2000

rate=13%= 14/100= 0.13

time t= 5years

A=p(1+r)^t

A=2000(1+0.13)^5)

A=2000(1+0.13)^5

A=2000(1.13)^5

A= 2000*1.84

A=$3680

Angela repaid more


Related Questions

URGENT EASY MATH PLEASE

Answers

Answer:

Step-by-step explanation:

Let's solve your inequality step-by-step.

8x−7≤−6−(1−8x)

Step 1: Simplify both sides of the inequality.

8x−7≤8x−7

Step 2: Subtract 8x from both sides.

8x−7−8x≤8x−7−8x

−7≤−7

Step 3: Add 7 to both sides.

−7+7≤−7+7

0≤0

Answer:

All real numbers are solutions.

 

Answer:

All real numbers are answers

Step-by-step explanation:

PLZ mark brainliest!

At Store #1 for $625 you can buy 25 pairs of shoes. How much will you pay for 31 pairs of shoes?

Answers

you’ll pay $775 since 25 pairs were $625

Answer:

Step-by-step explanation:

25 pairs of shoes = $625

You need to find how much each pair of shoes cost.

1 pair of shoes = [tex]\frac{625}{25}[/tex] = $25

So for 31 pairs of shoes, you just multiply by 25

31 pairs of shoes = 25 x 31 = $?

What is 0.20 as a fraction?

Answers

That is 2/10 which is also simplified to 1/5. Hope this helps you

The function f(x) = 40sin(0.1x + 12) + 50 represents the number of items, f(x), made in a factory each day for x days. The data used to generate the function was collected over 90 days.

Graph the model, and then use the graph to determine on which day each event occurred.

The first day production exceeds 70 items is day


The last day in the first cycle that production exceeds 70 items is day
.

Answers

Answer: 11,31

Step-by-step explanation: on edge

Answer:

1. 11

2. 31

Step-by-step explanation:

За – 15b – 2c|
HELPPP!!

Answers

Answer:

what are solving it with??

What is the value of x

Answers

Answer:

x equals 72

Step-by-step explanation:

it is a 1:3 scale

A box of cereal states that there are 84 cal in a 3/4 cup serving what is the unit rate for calories per cup how many calories are there in 2 cups of cereal

Answers

Answer:

2 cups of cereal, would be 224 calories.

Step-by-step explanation:

If one cup is 112 calories, all you have to do is multiply it by 2. Which gives you the answer of 224.

Answer:

unit rate - 112

2 cups - 224

Step-by-step explanation:

I tried my best to figure this out, i hope its correct !!

what is the answer x2 = 400.

Answers

Answer:

200

Step-by-step explanation:

Answer:

200

Step-by-step explanation:

so the perimeter is 20 one side is y another is 4y-8 and slow the other one. what is the side lengths​

Answers

Answer:

5

Step-by-step explanation:

Which expression can be used to solve 3/5 divide by 7/10

Answers

Answer:

[tex]\frac{3}{5} *\frac{10}{7}[/tex]  

=  [tex]\frac{30}{35} =\frac{6}{7}[/tex]

3x = 27 + 3y
3x - 10y = 27

please explain how you got the answer.

Answers

Answer:

Hi there!

Your answer is:

Y= 0

X= 9

Step-by-step explanation:

3x=27+3y

3x-10y=27

Solve one of them for Y

I chose the first equation

3x=27+3y

-27

3x-27=3y

/3

x-9 = y

NOW, plug y in the second equation!

3x-10y=27

y= x-9

3x-10y=27

3x-10(x-9) = 27

Solve for x!

3x-10x+90 = 27

-7x + 90 =27

-90

-7x = -63

/-7

x= 9

FINALLY, plug back in x for y equation

y=x-9

x=9

y=9-9

y=0

Solve the system equation for X and using the elimination method .
- 2x + Зу = -1
2х + 5y= 25

Answers

Answer: 2х+5y=25=  Slope = -0.800/2.000 = -0.400

 x-intercept = 25/2 = 12.50000

 y-intercept = 25/5 = 5

so slope form =0,400

x intercept form = 12.50000

y intercept =5

and the answer to 2x+3y=-1=  Slope = 1.333/2.000 = 0.667

 x-intercept = 1/2 = 0.50000

 y-intercept = -1/3 = -0.33333

Step-by-step explanation:  an equation of a straight line. Such an equation is usually written y=mx+b ("y=mx+c" in the UK).

"y=mx+b" is the formula of a straight line drawn on Cartesian coordinate system in which "y" is the vertical axis and "x" the horizontal axis.

In this formula :

y tells us how far up the line goes

x tells us how far along

m is the Slope or Gradient i.e. how steep the line is

b is the Y-intercept i.e. where the line crosses the Y axis

The X and Y intercepts and the Slope are called the line properties. We shall now graph the line  2x+5y-25  = 0 and calculate its properties

Notice that when x = 0 the value of y is 5/1 so this line "cuts" the y axis at y= 5.00000

 y-intercept = 25/5  =  5

When y = 0 the value of x is 25/2 Our line therefore "cuts" the x axis at x=12.50000

 x-intercept = 25/2  = 12.50000

Slope is defined as the change in y divided by the change in x. We note that for x=0, the value of y is 5.000 and for x=2.000, the value of y is 4.200. So, for a change of 2.000 in x (The change in x is sometimes referred to as "RUN") we get a change of 4.200 - 5.000 = -0.800 in y. (The change in y is sometimes referred to as "RISE" and the Slope is m = RISE / RUN)

   Slope     = -0.800/2.000 = -0.400  

Geometric figure: Straight Line

 Slope = -0.800/2.000 = -0.400

 x-intercept = 25/2 = 12.50000

 y-intercept = 25/5 = 5

Given the histogram, use the frown down menus to identify the elements.

Zero frequency:
A) 300-350
B) 351-400
C)401-450

A peak:
A) 651-700
B)601-650
C)451-500

Answers

Answer:

Zero frequency:  

✔ 351–400

A peak:  

✔ 651–700

Step-by-step explanation:

Answer:

B: 351-400 (zero frequency)

A: 651-700 (peak)

Step-by-step explanation:

edg2020

What is the solution of this equation?
5w +9= 19
Enter the correct answer.

Answers

Answer: w=2

Step-by-step explanation:

5w+9=19

minis 9 on the 9 and 19

5w+10

divide 5 on the ten to get 2

w=2

Select True or False for each statement about equilateral triangles.

A. An equilateral triangle has 3 equal angle measures.
A True B False
B. An equilateral triangle has 3 equal side measures.
A True B False
C. An equilateral triangle has 3 lines of symmetry.
A True B False

Please help!!

Answers

Answer:

→ A. True

B. True

C. True ( lines are symmetry but triangle is not symmetry )

Which expression is equivalent to 3(5f)?

Answers

Answer:

15f

Step-by-step explanation:

distribute the 3 and you get 15f :)

Answer:

I believe it would be the first one :)

Step-by-step explanation:

Write an equation that represents the number sentence.

One-third the difference between the unknown number and 6, plus one-sixth the unknown number is -1.

Answers

1/3(x-6).+ 1/6(x) = -1.

Simplify.
3(x + 4) plzzz answer

Answers

Answer:

3x+12

Step-by-step explanation:

When we multipy 3 with (x+4) it becomes 3x+12

Answer:

3x+12

Step-by-step explanation:

3(x+4)

3*x=3.....keep the x with 3 because x just represents 1

3*4=12

so your answer should be

3x+12

hope this helps :)

William travels only on Saturdays and Sundays and has flown 1,020 miles this month. Jason travels every weekday and has flown 2,200 miles this month. If each man travels about the same number of miles each day, who travels more miles per day for this month? Explain.

Answers

Answer:

William

Step-by-step explanation:

There are 8 Saturday and Sunday in a month. William travels only on Saturdays and Sundays and has flown 1,020 miles this month. He has travelled (1020/8) miles per day = 127.5 miles/day

There are 30-8 = 22 weekdays in a month. Jason travels every weekday and has flown 2,200 miles this month. It would mean that he travelled (2200/22) = 100 miles/day.

It is very clear that no of miles travelled per day by William is more than the no of miles travelled per day by Jason for this month.

What is the circumference of the circle?
r=22in d=44in

A. 222in
B. 2.5in
C. 125.23in
D. 138.23in

Answers

Answer: D

Step-by-step explanation:

Why is x = 6 a solution to the proportion StartFraction 192/36=32/x?

Answers

Answer:

C

Step-by-step explanation:

When you cross multiply 192 times 6 it equals 1152 and if you multiply 32 times 36 you get 1152 and 1152 is equal to 1152.

5/8+3/4 / -2/3 - 5/6 =​

Answers

Answer:

-11/12

Step-by-step explanation:

Add 5/8+3/4 (6/8) which is 11/8 and then get -2/3 - 5/6 which simplifies to -3/2

Multiply -3/2 by 4 to get it to like terms

11/8 / -12/8

Multiply and then simplify.

If you need help, just comment!!

raise the product of 36 and 9 to the power sum of 2 and 4

Answers

Answer:

Step-by-step explanation:

36 x 9 = 324

324^6

=324*324*324*324*324*324

=324^6

=1156831381426176

i need 3,4 please help! it’s due in 10
mins !! 15
points just pls help

Answers

3. The relationship is cups of blue paint to yellow paint
4. The constant of proportionality is 1:5 it represents for every 1 can of blue paint there is 5 cans of blue paint

If anyone can read my teachers bad handwriting, please help me it is 1:30 in the morning and if someone does this for me I will be giving them a cookie and hugs::):):)

Answers

Answer:

she wrote: (3,1) (6,1) (6,4)

1 step one R (X-axis) -->   step two R (180°,0) --> step three R (Y-axis)

(I honestly have no clue what she is doing but, its stupid)

Which numbers are Irrational? Select all that apply.

A. √36

B. √15

C. √64

D. √57

E. √8

Answers

Answer:

B, D and E.

Step-by-step explanation:

These numbers are irrational because their exact values can only be represented by those square roots. If you try to "do the maths", it will be something like:

\sqrt{15} = 3.872983...\\

\sqrt{57} = 7.549834...\\

\sqrt{8} = 2.828427...

Answer:

A,D and E and this is the correct answer

Whatever3443 pls help me someone is murdering me ✌

Answers

Answer:

i-

Step-by-step explanation:

Answer:

Oh no! I'm sorry!

Step-by-step explanation:

Jack swam 8 taps. He swam 6 fewer laps than Lea.
How many laps did Lea swim?
pls quick

Answers

Answer:

Lea swam 14 laps.

Step-by-step explanation:

8+6=14

answer please thanks

Answers

Answer:

too blurry pls send new pic

Step-by-step explanation:

How can credit cards be more secure than cash?

Answers

Answer:

carrying cash can be risky and theres a chance of loosing some. a card is thin and easy to carry around and keep track of.

Step-by-step explanation:

Other Questions
true or false that chromsky's theory of nativism assumes that our ability to learn a language is biological There is 3/8 of A PIZZA IN ONE BOX AND 1/4 OF A PIZZA IN ANOTHER BOX HOW MUCH DO YOU HAVE ALTOGETHER Who was responsible for the creation of the Forbidden City? A motorcycle is stopped at a stop light. When the light turns green itaccelerates at 4.2 m/s^2. How far does it travel during 3 s? * Bolvar interpreted the Enlightenment ideals of democratic choice in his own way, questioning liberalism and its basic principles. Bolvar emerged as a classical republican, believing that the state was more important than the individual or individual rights. Bolvar brought a practical approach to his political philosophy and felt that rules could be broken to realize a certain goal. While he supported the ideals of the American Revolution, he did not think that democratic rule would work for the people of South America.Read the excerpt and answer the following question. What ideal of the American Revolution did Bolvar think would not work for South America? democracy individualism liberalism republicanism Escribir los siguientes nmeros en notacion cientifica54,000,000,000 Find two consecutive odd numbers such that the sum of the larger number and twice the smaller number is 27 less then foir times the smaller number What is the equation, in point-slope form of the linethat is parallel to the given line and passes through thepoint (4, 1)?(-3, 3)21(-21)5 4 3 2 12345Xoy-1 = -2(x 4)O y-1 - - -(x-4)Oy-1 = {(x-4)o y- 1 = 2(x - 4) Which of the following expression(s) are equivalent to 0.16? Select all that apply.A)16100B)950OD) 16%. SOMEONE PLEASE HELP WITH ALL OF THESE!! ITS DUE BY TMR!! PLEASE HELP!!! TYSMM what are three reasons people tell stories If you made a timeline of the history of Texas, where would you put the Era of Exploration? 1400s 1500s 1600s 1700s 3. Tyrone wants to determine how fast a bowling ball travels when it is bowled. He uses a stopwatch torecord, in seconds, the time it takes for the bowling ball to reach the pins. Which unit would be mostappropriate to measure the length of the bowling lane?A. metersB. kilometersC. millimetersD. centimeters Seems like imma be lonely for the rest of my life 29023789236+8974937077834758371= Which inequality is represented by this graph? Which type of role originated FIRST?A. protagonistB. Antagonist C. TritagonistD. Chorus^Greek Theater^ Max wants to organize this information into a table with three columns. Which is the best way to sort the information? cast, crew, editor finance, camera, effects preproduction, production, postproduction makeup design, set design, costume design 4. The story of a young woman who, after the death of her grandfather, quit her job inthe business world and returned home to help her aging grandmotherAuthor's Purpose:Explain Your Answer:Write a sentence or two pls help first to answer i will mark brainliest.