How much is the interest on my loan?
I borrowed $400 to buy an MP3 player. I got a two-year loan,
and the lender is charging 8% Simple annual interest. How
much money will I have to pay back?
Time
Interest Principal
$ ?
$400
Rate
0.08
2
/= Prt
1 = 400 x 0.08 x 2
Interest
I
1.00

Answers

Answer 1

You will have to pay back a total of $464 over the course of the two-year loan, which includes the $400 principal plus $64 in interest.

What is Simple Interest ?

Simple interest can be defined as the ratio of product of principal amount , rate , time and hundred.

The interest on your loan can be calculated using the formula:

Interest = Principal x Rate x Time

In this case, the principal is $400, the rate is 8% (or 0.08 as a decimal), and the time is 2 years.

So, plugging in the numbers:

Interest = $400 x 0.08 x 2 = $64

Therefore, the total amount you will have to pay back is the sum of the principal and the interest, which is:

Total = Principal + Interest

= $400 + $64 = $464

Hence, You will have to pay back a total of $464 over the course of the two-year loan, which includes the $400 principal plus $64 in interest.

To learn more about Simple Interest from given link.

https://brainly.com/question/25845758

#SPJ1


Related Questions

What is the slope of this line?



Enter your answer as a fraction in simplest term in the box.

$\text{Basic}$
$x$$y$$x^2$$\sqrt{ }$$\frac{x}{ }$
$x\frac{ }{ }$
$x^{ }$$x_{ }$$\degree$$\left(\right)$$\abs{ }$$\pi$$\infty$

Answers

Answer:

Slope = 6

Step-by-step explanation:

Reading your description carefully, the equation of line has been given to be

When we compare this with the standard form of a straight line

We immediately see that the slope or gradient m = 6.

Alternatively, when we consider the coordinates of the points mentioned, we have

(1, 5)    ;     (0, -1)     ;     (-1, -7)

We can take any two points out of these three and calculate the slope using the formula

For example, let us consider the points (1, 5) and (-1, -7)

Here x₁ = 1; x₂ = -1 and y₁ = 5; y₂ = -7

Plugging the numbers in the above formula, we have

This agrees with what we calculated directly from the equation of the line!

Hence, slope of the line on the graph = 6

The slope of the line in simplified form is -1

Find the required diagram attached.

The formula for calculating the slope of a line is expressed as:

[tex]m=\frac{y_2-y_1}{x_2-x_1}[/tex]

Using the coordinate points (0, -2) and (-2, 0)

Substitute the given coordinates into the formula:

[tex]m=\frac{0-(-2)}{-2-0}\\m=\frac{0+2}{-2}\\m=\frac{-2}{2}\\m=-1[/tex]

Hence the slope of the line in simplified form is -1

Learn more here: https://brainly.com/question/17003809

Which of the lines graphed has a slope of 1 and a y-intercept of -3?

Answers

C because it crosses the y-axis at -3 and it goes up at a rate of rise 1, right 1

Multiple questions! Need help within the hour!

Answers

First one is B and Second is C

HELP!
i picked the wrong answer and my reach won’t let me out the class until i get it right

Answers

Answer:

a

Step-by-step explanation:

12.4 x -1.35
A. 1.674
B. -16.74
C. -1.674
D. 16.74

Answers

It Would Be 16.74

Calculate the cross product of two given vectors.

Use determinants to calculate a cross product.

Find a vector orthogonal to two given vectors.

Determine areas and volumes by using the cross product.

Calculate the torque of a given force and position vector

0.15x-0.6 pls I need it quick

Answers

Answer:

The inverse is f^-1 (x) = 6.6x + 4

Factored is 0.15 (x - 4)

I hope this helps

if you could, feel free to mark me Brainliest it would be much appreciated :D

Luca had a large container of yogurt with 1 and StartFraction 5 Over 8 EndFraction pounds of yogurt left in it. If a serving of yogurt is StartFraction 3 Over 8 EndFraction of a pound, to the nearest whole serving, how many servings of yogurt are in the container? 1 serving 2 servings 4 servings 5 servings

Answers

Answer:

4 servings

Step-by-step explanation:

Yogurt in the container = 1 5/8 pounds

A serving = 3/8 pounds

how many servings of yogurt are in the container?

Servings in the yogurt container = total yogurt in the container / yogurt per servings

= 1 5/8 ÷ 3/8

= 13/8 × 8/3

= 13/3

= 4.33

To the nearest whole serving

= 4 servings

Answer:

C

Step-by-step explanation:

Find the constant. quickly please!

Answers

i’m not sure i clearly understand but i think it’s three?

Answer:

Assuming you are asking for the slope which is 3 or in the equation format y=3x

Step-by-step explanation:

you must find the distance in the y- values and the x values, how each value increases or decreases. You may have heard of the phrase rise/run. To get to the pint (2,6) from (1,3), you must rise 3 units and move 1 unit. If you were to follow the rise/run method, you will need to divide the two numbers. In this case you will be dividing 3/1 which equals you. Then you must plug that number into the formula (y=mx+b).

Katie has a doll house that is a small model of a real Victorian house. The real house has a rectangular window that measures 65 centimeters long by 45 centimeters wide. The length of the window in Katie's house is 13 centimeters long. How wide is the window in Katie's house?

Answers

Answer:

9

Step-by-step explanation:

65/13=5

45/5=9  The answer is 9

Expand: log 4(x/ y^5z)

Answers

Answer:

log4+logx-5zlogy

The difference of a number and 6 is the same as 5 times the sum of the number and 2. What is the number?
A. -4
B. -2
C. -1
D. 1​

Answers

Answer:

The answer would be A. -4

Step-by-step explanation:

If you right it out like x-6=5(x+2), then you distribute the 5, you get: x-6=5x+10. Then subtract x from both sides, you get: -6=4x+10. Subtract 10 from both sides, you get: -16=4x. The all you have to do is divide both sides by 4, and you get: -4=x

9 increased by the quantity of b added to 10

Answers

Answer:

19b + 10

Step-by-step explanation:

Here, we want to increase 9 by the quantity of b added to 10.

We proceed as follows;

9 increased by quantity of b is 9 + b

This added to 10 would be 9 + b + 10 = 19b + 10

what is 6.7 x 10 to the power of 1 in standard form

Answers

67 in standard form.

Answer: 6.7 x 10^1 = 67

Step-by-step explanation:

move the decimal point once, to the right.

A box contains 21 green marbles. Green
marbles make up 15% of all the marbles
in the box. How many total marbles are in
the box?
8
HELP ASAP! PLZZ

Answers

Answer:

pts

Step-by-step explanation:

5 fre pts :))))

help someone pls !!!

Answers

Answer:

its A

Step-by-step explanation:

Can I please get help

Answers

Answer:the value of AC is 15

The value of AC is 15

in whichvpair of figures can Figure A be taken to Figure B by a rotation?​

Answers

Pair 1 is the correct answer

An electronics superstore normally sells a new smartphone for $200, but it is currently offering a 50% discount off the price. The same phone is available online for $200; the website is offering 25% off the phone, plus another 25% discount off all purchases. Where should you buy the phone to get the better deal? Why?

Answers

Answer: They are equal, but if you are buying something else with it,, say a case, the website

Step-by-step explanation:

Website:

1/4 +1/4 = 1/2

Store:

1/2

Answer:

the 50% off is the better deal

Step-by-step explanation:

200 x .50= 100 so on the first phone you save $100

the website you get 25% off so .25 x 200=50 so 200 - 50 =150 then you get another 25% off .25 x 150 =37.50 so 150 - 37.50 = 112.50.

FIND VALUE OF X AND OF ANGLE ABC AND ACD
PLS HELP
GEOMETRY

Answers

Answer:

see explanation

Step-by-step explanation:

The exterior angle of a triangle is equal to the sum of the 2 opposite interior angles.

∠ ACD is an exterior angle of the triangle, thus

43 + 5x - 48 = 3x + 57 , that is

5x - 5 = 3x + 57 ( subtract 3x from both sides )

2x - 5 = 57 ( add 5 to both sides )

2x = 62 ( divide both sides by 2 )

x = 31

Thus

∠ ABC = 5x - 48 = 5(31) - 48 = 155 - 48 = 107°

∠ ACD = 3x + 57 = 3(31) + 57 = 93 + 57 = 150°

What is the y-intercept of the function f(x)=4 – 5x?
ОООО
О Т + 0

Answers

Answer:

The y-intercept of the function is 4

Step-by-step explanation:

The y-intercept is the point at which the graph crosses the y-axis.

A rental company rents a luxury car at a daily rate of 39.11 ​$ plus​ $.50 per mile. Is allotted100 ​$ for car rental each day. Write an equation to represent the cost C of renting a c ar and driving x miles. How many miles can travel on the ​100$​?

Answers

Answer:

- The equation that represent the cost C of renting a car and driving x miles is  C = $39.11 + $0.50x

- $100 can travel 121.78 miles

Step-by-step explanation:

From the question, a rental company rents a luxury car at a daily rate of 39.11 ​$ plus​ $.50 per mile, that is

$0.50 is added to the initial $39.11 for every mile.

The equation that represent the cost C of renting a car and driving x miles is

C = $39.11 + $0.50x

Now, to determine how many miles 100$ can travel,

we will put C = $100, and determine x in the above equation

$100 = $39.11 + $0.50x

$100 - $39.11 = $0.50x

$60.89 = $0.50x

x = $60.89/$0.50

x = 121.78

Hence, $100 can travel 121.78 miles

6. Describe and correct the error in solving the equation.
X Х
0.4x = 0.2(x.-8)
0.4x = 0.2 x - 8
0.2x = -8
x = -4.

Answers

X = -8

0.4x = 0.2(x - 8)

0.4x = 0.2x - 1.6
-0.2x -0.2x

0.2x = -1.6
x = -8

What is 1/10 x 4/10=

Answers

Answer:

4/100

Step-by-step explanation:

Just multiply across.

1x4=4

10x10=100

1/10x4/10=4/100

Hope this helps! Have a great day!! C:

Answer:

The answer for this question is 1/25.

Find the value of a and b need help ASAP

Answers

Answer:

Step-by-step explanation:

<a = 85° ( Vertically Opposite Angles )

<b = 180 - 85 = 95° ( Adjacent Angles )

Hope this helps

Plz mark as brainliest!!!!!!!!

Answer:

<a=85

<b=95

Step-by-step explanation:

<a is going to be the same as the other angle is across from it. So <a equals 85 degrees. So now since we know that two parts are 85 degrees we add 85 + 85 and we get 170 degrees. Since the whole thing is 360 degrees we need to subtract the 170 degrees that we already have. So 360-170 is equal to 190 degrees. Now since <b is the same as the angle across from it is we just need to divide the remaining degrees in half. So we take the 190 degrees and divide that in half. When you divide that in half you get 95 degrees. So <b is 95 degrees.

A coyote population has decreased by 168 over the past 3 years. The same number of coyotes were lost each year. Which division expression gives the change in the coyote population each year? A) 168 3 B) 168 −3 C) −168 3 D) −168 −3

Answers

Answer:

C, [tex]\frac{-168}{3}[/tex]

Step-by-step explanation:

The number of coyotes is decreasing, which makes it negative, but you can't have a negative year, so the answer must be [tex]\frac{-168}{3}[/tex]

I need help ASAP
Which statement best describes points P and Q?

Answers

Answer:

their y coordinates are the same

Step-by-step explanation:

Answer:

Their y-coordinates are the same.

Step-by-step explanation:

Point P is at (-6, 4) and Point Q is at (1, 4).

Notice how their y-values, which is 4, are the same.

The graph shows the amount of water that remains in a barrel after it begins to leak. The variable x represents the number of days that have passed since the barrel was filled, and y represents the number of gallons of water that remain in the barrel.

What is the slope of the line?
A. -2
B. -1/2
C. 7/16
D. 39/30

Answers

A = ( 15 , 15 )

B = ( 6 , 33 )

[tex]slope = \frac{y(b) - y(a)}{x(b) - x(a)} \\ [/tex]

[tex]slope = \frac{33 - 15}{ 6 - 15} \\ [/tex]

[tex]slope = \frac{18}{ - 9} \\ [/tex]

[tex]slope = - 2[/tex]

Thanks for watching buddy good luck.

♥️♥️♥️♥️♥️

Answer:

A. -2

Step-by-step explanation:

took the test :))

Simplify . Explain your steps.

Answers

Answer:

x^2

Step-by-step explanation:

=(x^3/x^2)^2

=(x^3/x^2)*(x^3/x^2)

=x^3*x^3/x^2*x^2

The Doe family had a rectangular garden with a 58-foot perimeter. They reduced the length by 7 feet and decreased the width to be half as wide as it was originally. This resulted in a garden with a 34-foot perimeter. What is the area of the new smaller garden?

Answers

Answer:

60 square foot

Step-by-step explanation:

Perimeter of a rectangular garden = 58 foot

Let x and y denote length and width of the rectangular garden.

2 (Length + Width) = Perimeter of the rectangular garden

[tex]2(x+y)=58\\x+y=\frac{58}{2}\\ x+y=29[/tex]

So,

length = x

width = y = [tex]29-x[/tex]

The length is reduced by 7 feet and the width becomes half.

New length = [tex]x-7[/tex]

New width = [tex]\frac{1}{2}(29-x)[/tex]

New perimeter = 34 foot

[tex]2[(x-7)+\frac{1}{2}(29-x)]=34\\ 2[2(x-7)+(29-x)]=2(34)\\2(x-7)+(29-x)=34\\2x-14+29-x=34\\2x-x-14+29=34\\x+15=34\\x=34-15\\x=19[/tex]

So,

New length [tex]=x-7=19-7=12\,\,foot[/tex]

New width = [tex]\frac{1}{2}(29-19)=\frac{1}{2}(10)=5\,\,foot[/tex]

Area of the new smaller garden = New length × New Width

= 12 × 5

= 60 square foot

The local bowling alley is offering a discount on their normal rate per game. Their normal price per game is 8$. If you bowl 3 games and rent a pair of bowling shoes for $2 and paid $20, how much was the discount?

Answers

Answer:

10 off

Step-by-step explanation:

3times 8= 24

3 times 2= 6

then add together-10 dollars

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