Find the annual simple interest rate of a loan, where $1000 is borrowed and where $1060 is repaid at the end of 13 months. Interest can also work in your favor! 5. (HW17 #3) Charlie wants to buy a $200 stereo set in 9 weeks. How much should he invest now at 16% annual simple interest to have the money in 9 weeks? 6. (HW17 #4) Over the course of the last year, Samantha's investment account has grown by 6.7%. Currently, Samantha has $4,908.20 in this account. What was the balance in her account one year ago, before this gain? It costs money to borrow money. The cost one pays to borrow money is called interest. The money being borrowed or loaned is called the principal or present value. When interest is only paid on the original amount borrowed, it is called simple interest. The interest is charged for the amount of time the money is borrowed. If an amount P is borrowed for a time t at an interest rate of r per time period, then the interest I that is charged is I= Prt. The total amount A of the transaction is called the accumulated value or the future value, and is the sum of the principal and interest: A= P +I = P + Prt = P(1 + rt). 1*. (HW17 #1) What is the interest if $600 is borrowed for 6 months at 8% annual simple interest? 2. (HW17 #2) Find the amount due if $400 is borrowed for 4 months at 7% annual simple interest. 3. (HW17 #5) Find the length of the loan in months, if $700 is borrowed with an annual simple interest rate of 8% and with $774.67 repaid at the end of the loan.

Answers

Answer 1

The length of the loan is 13.67 months.

The interest charged for borrowing $600 for 6 months at 8% annual simple interest is:

I = Prt = 600 * 0.08 * (6/12) = $24

Therefore, the interest charged is $24.

The amount due after borrowing $400 for 4 months at 7% annual simple interest is:

I = Prt = 400 * 0.07 * (4/12) = $9.33

The total amount due is:

A = P + I = 400 + 9.33 = $409.33

Therefore, the amount due is $409.33.

The loan is for a principal amount of $700, and $774.67 is repaid at the end of the loan. The interest charged can be calculated as:

A = P(1 + rt) => 774.67 = 700(1 + r*t)

Solving for rt, we get:

rt = (774.67/700) - 1 = 0.10796

Now, we can use the formula for simple interest to find the length of the loan:

I = Prt => I = 700 * r * t

Substituting the value of rt, we get:

I = 700 * 0.10796 = $75.57

The interest charged is $75.57. The interest rate per month is r/12 = 0.08, since the annual interest rate is 8%. Therefore, we can solve for t as:

75.57 = 700 * 0.08 * t

t = 13.67 months

Therefore, the length of the loan is 13.67 months.

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Related Questions

Billy is hiking in Colorado. He walks eastward four miles, then turns $60$ degrees northward and walks six miles. How far is he from his starting point

Answers

He is  2√19 miles far way from starting point.

Suppose Billy starts at point A, turns at point B, and ends at point D, as shown below.

If Billy turns 60◦ northward and walks six miles, then we can draw a 30 − 60 − 90 triangle whose hypotenuse is 6 miles

It follows that Billy traveled 6/2 = 3 miles eastward during these 6 miles, and that he traveled 3√3 miles northward during these 6 miles. In total, Billy traveled 4 + 3 = 7 miles  eastward and 3√ 3 miles northward.

By the Pythagorean Theorem, the distance from his starting point is q:

(7)2 + (3√3)2

=√49 + 27

= √76

= 2√19 .

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Lola has collected 935 buttons. what is the number of buttons rounded to the nearest ten?

Answers

Answer:

940

Step-by-step explanation:

Since there is a 5 in the ones spot we round the number is the tens spot up by 1: 935 --> 940

Write the standard equation of a circle that passes through(-4,0) with center (-1,-4)

Answers

The standard equation of the circle is x² + y² + 8x - 9 = 0 if the circle with center at (-1,-4) that passes through the point (-4,0).

According to the question,

The circle with center at (-1,-4) that passes through the point (-4,0).

To find the radius of the circle:

Radius r = √[(-4 - (-1))² + (0- (-4))²]

=√(-4+1)² + (4)²

=√9+16

=√25

=5.

In order to find the standard equation of the circle is

(x - (-4))² + (y - (0))² = (5)²

(x + 4)² + (y )² = 25

x² + 8x + 16 + y² = 25

x² + y² + 8x + 16 = 25

x² + y² + 8x = 25 - 16

x² + y² + 8x = 9

x² + y² + 8x - 9 = 0

Hence, the standard equation of the circle is x² + y² + 8x - 9 = 0.

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Find the present value of a loan with a maturity value of $15,000 for 9 months at 6%.

Answers

Present value of the loan amount is $[tex]27[/tex] with a maturity value of $[tex]15000[/tex] for [tex]9[/tex] months at [tex]6[/tex]%

How to find the present value of loan amount ?

We know that

Maturity value of loan amount [tex]= 15000[/tex]

Time period is [tex]=9[/tex] months

Rate (r)[tex]=6[/tex] %

Present value of loan amount=?

So we can use the formula of maturity level

[tex]MV=PV*(1+r*t)[/tex]

Substitute the values

[tex]15000=PV *(1+6*9)\\15000=PV(55)\\\frac{15000}{55} =PV\\27.27=PV[/tex]

So present value of the loan amount is $[tex]27[/tex] in round figure.

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The inverse variation equation shows the relationship between wavelength in meters, x, and frequency, y. y = startfraction 3 x 10 superscript 8 baseline over x endfraction what is the wavelength for radio waves with frequency 3 × 109?

Answers

The wavelength for radio waves with frequency 3 × 10⁹ Hz is 0.1 m.

What's the relation between frequency and wavelength of electromagnetic waves?For electromagnetic waves travelling in vaccum, the product of frequency and wavelength is the speed of light in vaccum.Mathematically, frequency × wavelength = 3×10⁸ m/s (which is speed of light)So, wavelength= 3×10⁸/ frequency

What's the wavelength of radio wave with frequency 3×10⁹ Hz ?

Wavelength of the radio wave= 3×10⁸/3×10⁹ = 0.1 m

Thus, we can conclude that the wavelength of the radio wave with frequency of 3 × 10⁹ Hz is 0.1 m.

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Can someone help me please and show work !!

Answers

Answer:

Step-by-step explanation:

Rectangles have 2 pairs of equal sides that means:

2(4x) and 2(3x+2)

8x and 6x+4

8x+ (6x + 4) = 14x + 4

Solution
We can start with the pythagorean theorem:
(leg 1)2 + (leg 2)² = (hypotenuse)²
Solve for x.
Substitute the values we know.
18² + x² = 27²
x=0√O

Answers

Step-by-step explanation:

324+x²=729

x²=405===> x=√405===> 9√5

The pythagorean theorem (leg 1)2 + (leg 2)² = (hypotenuse)² the values is about 8.5, -8.5.

The Pythagorean theorem is used to find the length of the sides of a right triangle, not for solving equations like x² = 72.

To solve the equation x² = 72,  to take the square root of both sides to find the value of x:

√(x²) = √(72)

Since the square root of x² is x (the absolute value of x), the equation simplifies to:

x = √(72)

Now, let's find the approximate value of √(72):

√(72) ≈ 8.49

So, the equation becomes:

x≈ 8.49

Now, remember that the absolute value of x is a positive value, so the equation gives two possible solutions for x:

x= 8.49 → x = 8.49

x = -8.49 → x = -8.49

Rounded to the nearest tenth, the solutions are:

x ≈ 8.5 and x ≈ -8.5

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Help me:-
Distribute to create an equivalent expression with the fewest symbols possible.
4(5+y) =

Answers

Answer:

20 + 4y

Step-by-step explanation:

The 4 multiplies the 5 and the y, i.e., it distributes over the terms of the expression in ( ).

What z-score value separates the highest 70% of the scores in a normal distribution from the lowest 30%?
a. z = 0.52
b. z = 0.84
c. z = -0.84
d. z = -0.52

Answers

Using the normal distribution, the value that separates the highest 70% of the scores in a normal distribution from the lowest 30% is:

z = -0.52.

Normal Probability Distribution

The z-score of a measure X of a normally distributed variable with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex] is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The z-score measures how many standard deviations the measure is above or below the mean. Looking at the z-score table, the p-value associated with this z-score is found, which is the percentile of X.

The value that separates the highest 70% of the scores in a normal distribution from the lowest 30% is is the 30th percentile, which is Z with a p-value of -0.3, hence z = -0.52.

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prove that 3+2√5 is irrational​

Answers

Step-by-step explanation:

To prove that 3 + 2√5 is an irrational number, we will use the contradiction method.

Let us assume that 3 + 2√5 is a rational number with p and q as co-prime integers and q ≠ 0

⇒ 3 + 2√5 = p/ q

⇒ 2√5 = p/ q - 3

⇒ √5 = (p - 3q ) / 2q

⇒ (p - 3q ) / 2 q is a rational number.

However, √5 is an irrational number

This leads to a contradiction that 3 + 2√5 is a rational number.

y square plus 5y equals to 0

Answers

Answer:

y^2 + 5y = 0

y(y + 5) = 0

y = 0, -5

The answer is y = 0 and y = -5.

The given question :

y² + 5y = 0y (y + 5) = 0y = 0, y = -5

WILL MAKE BRAINLIEST!!Determine if the two triangles are congruent if they are state the postulate or theorem that provides they are congruent

Answers

Answer:

Yes they are congruent by SSS criterion

Step-by-step explanation:

AC=DC. (Given in figure)

AB=BD. (Given in figure

BC=BC. (Common)

that means triangle BAC is congruent to triangle BDC by SSS criterion.

if three pies require 2 dozen apples, then four bird require ? dozen apples?

Answers

Answer is 2-2/3 dozen apples, or 2.66 dozen as a repeating fraction.
Step by step
we know 2 dozen apples is 24 apples
We know 24 apples per 3 pies
To get the rate per pie, divide 24 apples per 3 pies
24/3 = 8 apples per pie
Now multiply 8 apples x 4 pies = 32 apples
Now we need to answer in how many dozen apples. Divide 32 by 12 (1 dozen)
Answer is 2.66 dozen apples or 2-2/3 dozen apples

The diameter of the earth
at the equator is about
8.000 mi.
Based on this figure, how
far is it around the earth?

Answers

Answer:

25,132.74 miles

Step-by-step explanation:

Hello!

We are basically asked to find the circumference of the Earth's cross-section.

Circumference: [tex]C = 2\pi r[/tex]

We can replace 2r with the diameter, because the diameter is 2 times the radius.

Multiply the Diameter by pi:

[tex]C = \pi D[/tex][tex]C = 8000\pi[/tex][tex]C = 25,132.7412287183 \approx 25,132.74[/tex]

It is around 25,132.74 miles around.

A hypothesis test is conducted at the 0.05 level of significance to test whether or not the population correlation is zero. If the sample consists of 25 observations and the correlation coefficient is 0.60, what conclusion should be drawn

Answers

3.60

t = r√n − 2/1 − √r2

= 0.6√25 − 2/√1 − 0.62

= 3.5969 t or about 3.60 rounded to two decimal places.

Hypothesis Testing:

Hypothesis testing is a form of statistical inference that uses data from a sample to draw conclusions about a population parameter or a population probability distribution. First, a tentative assumption is made about the parameter or distribution. This assumption is called the null hypothesis and is denoted by H0.

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In a survey of 456 residents, 279 were opposed to the use of the photo-cop for issuing traffic tickets. What is the best point estimate for the proportion () of all residents opposed to the photo-cop use

Answers

The best point estimate for the proportion of all the residents opposed to the photo cop use is 60%  which is the fourth option.

Given that in a survey of 456 residents , 279 were opposed to the use of the photo cop for issuing traffic tickets.

We have to find the best point estimate for the proportion of all residents opposed to the photo cop use.

Total residents=456

Residents who opposed to the use of the photo cop for issuing traffic tickets=279

Proportion=number of residents who opposed/ total residents

=279/456

=0.611

=61.1%

The nearest option is fourth which is 60%.

Hence the best point estimate for the proportion for the proportion of all the residents opposed to the photo cop use is 60% which is option 4.

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Question is incomplete as it should include options which are :

1) 500

2)50%

3)300

4)60%

5)40%

Analyze the graph below to identify the key features of the logarithmic function.

A) The x-intercept is y = 7, and the graph approaches a vertical asymptote at y = 6.
B) The x-intercept is x = 7, and the graph approaches a vertical asymptote at x = 6.
C) The x-intercept is y = -7, and the graph approaches a vertical asymptote at y = -6.
D) The x-intercept is x = -7, and the graph approaches a vertical asymptote at x = -6.

Answers

Answer: B

Step-by-step explanation:

When y=0, x=7, so the x-intercept is at x=7.

Eliminate everything except for B.

Answer:

b.     The x‐intercept is x = 7, and the graph approaches a vertical asymptote at x = 6.  

Step-by-step explanation:

I took the test and got it right

A rectangle's area is given by the expression 6–² -- − n +9. The width of the rectangle is 3n². w = 3n² A = 6n² − n +9​

Answers

The length of the rectangle = 2 - (1/3n) +(3/n²).

How to estimate the length of a rectangle?

The formula for the area (taking this exists as a rectangle)

Area = length ⋅ width

where A exists the area of the rectangle

l exists the length of the rectangle and w exists the width of the rectangle.

If Area of the rectangle = length ⋅ width

then length of the rectangle = area/ width

Area = 6n² − n +9​

width = 3n²

Area = length [tex]*[/tex] width

length = area/ width

= (6n²  − n +9)/3n²

= 2 - (1/3n) +(3/n²).

The length of the rectangle = 2 - (1/3n) +(3/n²).

Therefore, the correct answer is option A. 2 - (1/3n) +(3/n²).

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How many different 4 digit numbers can be formed using only digits 1,2,3 and 4 given that they contain each of these digits as many times as you want?

Answers

Answer: 4

Step-by-step explanation:

yeh

what is the domain of f(x)=√11-x?

Answers

The domain of the function f(x) is:

11 ≥ x

What is the domain of the function f(x)?

Here we have the function:

[tex]f(x) = \sqrt{11 - x}[/tex]

Now, remember that the argument of a square root can only be a number equal to or larger than zero, so the domain of our function is defined by:

11 - x ≥ 0

Then, solving this for x, we get:

11 ≥ x

Concluding, the domain of the function f(x) is:

11 ≥ x

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Which polynomial is a quintic trinomial?

A. -x^4-5x^2
B. x^3+2x^2−8x+16
C. x² + 4
D. 3x^5+7x^2−9x^4

Answers

Answer:

D

Step-by-step explanation:

a quintic polynomial is a polynomial of degree 5

A is a polynomial of degree 4 (- [tex]x^{4}[/tex] term )

B is a polynomial of degree 3 (x³ term )

C is a polynomial of degree 2 ( x² term )

D is a polynomial of degree 5 ( 3[tex]x^{5}[/tex] term )

Find the midpoint of points A(-9, -3) and B(1, 7) graphically.
Plot the line segment AB

Answers

Answer: (-4,2)

Step-by-step explanation:

To find the midpoint of AB, we have to find the mean of the x coordinates for the x coordinate of the midpoint and the mean of the y coordinates for the y coordinate of the midpoint

So the midpoint is ((-9+1)/2,(-3+7)/2) = (-4,2)

To plot the line AB, just find the points A and B on the graph and draw a straight line from A to B

Help please

9 2 7
X = 12 x 12

Answers

Answer:

x=12

Step-by-step explanation:

x^9=12^9

power of 9 cancel eachother at both sides of equation.

so

x=12

What is the minimum point on the graph of the equation y=f(x)+5 ?

Answers

Answer:

Step-by-step explanation:

This function will have a minimum point only if f(x) has one.

Examples:  

y = x + 5:  straight line with no minimum

y = x^2 + 5:  parabola that opens up and has vertex at (0, 5); thus, the minimum is (0, 5)

What f(x) did you have in mind?  Please share it.

What equation shows that 9 is a factor of 72?

Answers

The equation that shows that 9 is a factor of 72 is given as 9 * 8 = 72

What is an equation?

An equation is an expression that shows the relationship between two or more numbers and variables.

The equation that shows that 9 is a factor of 72 is given as 9 * 8 = 72

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ordenada al origen 6 = paralela a la recta 2x+3y+4=0

Answers

La ecuación de la recta que contiene el punto (x, y) = (0, 6)  y es paralela a la recta 2 · x + 3 · y + 4 = 0 es igual a 2 · x + 3 · y - 18 = 0.

¿Cómo determinar la ecuación de una recta?

En esta pregunta tenemos que derivar una ecuación de la recta a partir de una recta y un punto. Dos rectas bajo forma implícita son paralelas si y solo si comparten los mismos coeficientes dependientes, entonces tenemos que el coeficiente independiente de la recta es:

2 · 0 + 3 · 6 + k = 0

18 + k = 0

k = - 18

Por tanto, la ecuación de la recta que contiene el punto (x, y) = (0, 6)  y es paralela a la recta 2 · x + 3 · y + 4 = 0 es igual a 2 · x + 3 · y - 18 = 0.

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Determine the value of x and y, show calculations

Answers

The value for x and y are 140° and 70° respectively.

How to solve Polygon Question

There are two ways to solve polygon question. Formula for the sum of interior angle and sum of the  exterior angle of regular polygon.

Sum of the interior = (n - 2)180

Sum of the exterior = 360/n

Where n = number of sides of a polygon.

The regular polygon in which x is one of its angle is called decagon

Sum of the interior = (n - 2)180

n = 10

Substitute n into the formula

Sum of the interior angle = (10 - 2)180

Sum of the interior angle  = (8)180

Sum of the interior angle = 1440

Each angle = 1400/10

x = 140°

For y, the three angles are similar.

sum of angle in a triangle = 180

Since the each triangle is an isoceles triangle, angle at each base will be y

40 + y + y = 180

2y = 180 - 40

2y = 140

y = 70°

Therefore, the value for x and y are 140° and 70° respectively.

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As a rule of thumb, the sampling distribution of the sample proportion can be approximated by a normal probability distribution when _____

Answers

As a rule of thumb, when each component is selected independently from the same population, the sampling distribution of the sample percentage may be estimated by a regular probability distribution.

Why is it crucial to use the thumb rule?One of our primary, simple-to-learn ways to handle complexity is the rule of thumb. Real thumb rules take into account operating, security, and financial constraints. They inform us of the likely location of a practical solution. Additionally, they reveal which tactics are most prone to failure.What is sampling distribution?A statistic that is obtained by sampled data from a bigger population is known as a sampling distribution. It depicts an array of potential results that may result from a statistic, such as the mean or mode of a certain parameter because there is really a population.

Therefore the main solution is- from the identical group, each component is individually chosen.

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The graphs below have the same shape. What is the equation of the red
graph?

Answers

Answer:

[tex]G(x) = x^{3} -1[/tex]

Step-by-step explanation:

The red graph is the blue graph translated 1 unit down, so the answer is A.

Which are the solutions of x² = -7x − 8? √17 7 √17 + 4 2 7 √17 2 4 1412 THE + 7-√17 7 + √17 2 2 O-7-√17 −7+ √17 2 4​

Answers

Answer:

[tex](-7[/tex]±[tex]\sqrt{17}) /2[/tex]

Step-by-step explanation:

First, convert this into a quadratic, [tex]x^{2}+7x+8=0[/tex]. We can use the quadratic formula for this, [tex](-7[/tex]±[tex]\sqrt{7^{2}-4(1)(8)})[/tex][tex]/2(1)[/tex]. This becomes [tex](-7[/tex]±[tex]\sqrt{49-32})/2[/tex]. This is [tex](-7[/tex]±[tex]\sqrt{17}) /2[/tex]. This is your answer

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