Mr. Maxwell White bought a house at the cost of GHȼ250,000,000.00. He paid 20% of the cost out of his own resources an took a loan for the remaining amount at 2 1/2 % simple interest per annum. Calculate the total amount Mr. Maxwell White paid for the house, if he paid the loan 8 years later.

Answers

Answer 1

Answer:GHȼ290,000,000

Step-by-step explanation:

Given the following :

Cost of house = 250,000,000

Amount paid out of his own resources = 20% of house cost

Amount loaned = 250,000,000 - (20% of 250,000,000)

Rate = 2 1/2% = 5/2% = 0.025

Period or time = 8 years

Therefore,

Amount paid out of his own resources :

0.2 × 250,000,000 = 50,000,000

Amount loaned = (250,000,000 - 50,000,000) = 200,000,000 = principal

Simple Interest on loan = (principal × rate × time)

200,000,000 × 0.025 × 8 = 40,000,000

Total amount paid back= (200,000,000 + 40,000,000) = 240,000,000

Total amount paid for the house :

Total loan paid + amount paid from own resource:

240,000,000 + 50,000,000 = 290,000,000


Related Questions

PLSS HELP ME it’s question #9!!!

Answers

Answer:

Step-by-step explanation:

The circumference of a circle is the distance around the outside of a circle. If we can find the circumference of the wheel, we can find out how far Elena can travel when her wheel turns one time.  If we can find out how far she travels in one wheel turn, we will multiply that distance by 840 to see how far she travels when her wheels turn 840 times.

[tex]C=2\pi r[/tex] and

C = 2(3.14)(.25) so

C = 1.57 m

1.57 x 840 = 1318.8 meters

If f(x) = 6x-4 what is the value of f(8)

Answers

Answer:

f(8) = 44

Step-by-step explanation:

f(x) = 6x-4

Let x = 8

f(8) = 6(8) - 4

Multiply

     = 48 -4

    = 44

On a coordinate plane, a line segment contains points (negative 5, 5) and (5, 0). Another segment contains points (negative 1, 1) and (1, 0). The segments shown are dilations of each other about the origin. Which statement could be true? The coordinate (1, 0) is from a dilation using the scale factor of One-fifth. The coordinate (5, 0) is from a dilation using the scale factor of 4. The coordinate (1, 0) is from a dilation using the scale factor of 5. The coordinate (5, 0) is from a dilation using the scale factor of One-fifth.

Answers

Answer:

A.The coordinate (1, 0) is from a dilation using the scale factor of One-fifth.

Step-by-step explanation:

Answer:

A

Step-by-step explanation:

The coordinate (1, 0) is from a dilation using the scale factor of One-fifth.

Give the credit to the other person,

A game comes with a deck of cards with each card showing one of the numbers 2,3,4,5,6, or 8. Each card occurs one time in red and one time in purple, and one time in blue. Given that a blue card is drawn what is the probability the card is 4

Answers

Answer:

0.1667 = 16.67%.

Step-by-step explanation:

We already know that the card drawn is blue, so now we need to check the value of the card.

The blue cards have 6 possibilities of values (2, 3, 4, 5, 6 or 8), and the number 4 appears only 1 time, so the probability of the blue card having the value 4 is the number of times this value occurs by the number of possible values:

P = 1/6 = 0.1667 = 16.67%.

n+3=28 what does n equal

Answers

Answer:

25

Step-by-step explanation:

Help 50 PTS

Compare the mean of the prices of Felix's books and of Tyler's books. What do the differences in the means tell you about the prices of the two sets of books?

Felix Mean: 10.21

Tyler Mean: 77.36

Answers

Answer:

It tells you 2 different things

Step-by-step explanation:

1. It could tell you that Tyler's book is much more expensive than Felix's.

2. It could tell you that they're the same price but Tyler sold more.

Answer:

The means are very different, so almost all of Tyler's books are more expensive than Felix's books.

Step-by-step explanation:

used this for my test and it was correct.

Correct answers only please!

To the nearest cent, how much interest will she earn in 2 years?

Use the formula B = p(1 + r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

Answers

Answer:

A = $ 9,257.50

A = P + I where

P (principal) = $ 7,000.00

I (interest) = $ 2,257.50

Step-by-step explanation:

in a class of 60 student, the number of student who passed biology is 6 more than the number who passed chemistry every student passed both at least one of the two subjects and 8 student passed both subject​

Answers

Firstly we need to find how many students passed chemistry or biology

60-8=52 studdnts passed biology or chemistry

Let number of students who passed chemistry is x, than number of students who passed biology is 52-x.

[tex]52 - x - x = 6 \\ - 2x = - 46 \\ x = 23[/tex]

So, 23 students passed chemistry, than

23+6=29 students passed biology

Answer: 23 students passed chemistry and 29 students passed biology

Answer:

23 students passed chemistry and 29 students passed biology

Step-by-step explanation:

Solve the system of equations
14x+y=−4
y=3x2−11x−4

Answers

Answer:

(x,y)= (-2,24)

Step-by-step explanation:

Answer:

(0,-4) & (-1,10)

Step-by-step explanation:

solve for the first variable in one equation then substitute the result into the other equation.

Point form:

(0,-4) & (-1,10)

Equation form:

x=0 y=-4

x=-1 y=10

QUESTION 6,7,8 PLS HELP

Answers

Answer:

6) a.

7) d.

8) a.

I hoped this helped! Please mark me brainliest. Thanks!

Nina woke up at 8:00 A.M. At noon the temperature had risen 8°F. By 1:00 P.M. The temperature had risen another 4°F. There was a thunderstorm at 4:00 P.M. By 7:00 P.M. The temperature had fallen 11°F since 1:00 P.M. To 62°F. What was the temperature when Nina woke up?

Answers

Answer:

  61 °F

Step-by-step explanation:

If T is the temperature at 8 a.m., we have ...

  T +8 +4 -11 = 62

  T +1 = 62

  T = 61 . . . . . . subtract 1

The temperature was 61 °F when Nina woke up.

Marley borrowed $5,800 at a siniple interest rate of 7%% per year.After a certain number
of years she had paid $1,305 in interest altogether.How many years was that? *

Answers

Answer:

About 3 1/4 years.

Step-by-step explanation:

Please answer correctly !!!! Will mark brainliest !!!!!

Answers

Answer:

7

Step-by-step explanation:

Look at the x-axis at -1, it [-1,7]

An equilateral triangle has what type of symmetry

Answers

Answer:

An equilateral triangle has one line of symmetry

Step-by-step explanation:

Answer:

3 lines of symmetry

Step-by-step explanation:

An equilateral triangle has three lines of symmetry. It has rotational symmetry of order 3. It has three equal sides.

your welcome<3

The garden has an area of 28 square meters. The length of the garden is 7 meters. What is the width of the garden?

You have to find the width

Answers

Answer:

The answer is 4

Step-by-step explanation:

Since the total area is 28, and the length is 7. Therefore 28 divided by 7 equals 4.

Hope this helps

Answer:

4 meters

Step-by-step explanation:

Let's assume this is a rectangular garden.

The area of a rectangle can be found using:

a=l*w

We know the area is 28 square meters and the length is 7 meters. We can substitute 28 in for a, and 7 in for l.

28=7*w

Now we need to solve for w. To solve, we have to get w by itself. 7 and w are being multiplied. To reverse this, divide both sides by 7.

28/7=7*w/7

28/7=w

4=w

The width is 4 meters

Jose's ball is stuck on the roof of his home, which is 8 feet high. He wants to use a ladder to climb up and get his ball. If he sets the base of the ladder 6 feet away from his home, what is the minimum length that the ladder can be? Explain how you solved this question using context and at least three sentences. Hint: Draw your the scenario and label given values.

Answers

Answer:

10 feet

Step-by-step explanation:

It becomes a right-angled triangle with height of 8feet and base of 6feet.

Using Pythagoras theorem:

a² = b² + c²

a² = 8² + 6²

a² = 64 + 36

a² = 100

a = √100

a = 10

Find the equation of a line that is perpendicular to line g that contains (P, Q).

Answers

Answer:

the answer is B

Step-by-step explanation:

im smart

help me, my brain is in pain.

Answers

Answer:

approximately the answer would be D

Step-by-step explanation:

Just multiply side of A  to all

9 Fill in: is, are, was or were.
1 The house ...
earthquake last week.
destroyed by the​

Answers

Answer:

was

Step-by-step explanation:

lol

Matthew Filled a gallon bucket half full with water .He than poured 1/2 of the water.
how much water is left

Answers

Answer:

No water

Step-by-step explanation:

find the value of x
-3=16-x​

Answers

Answer:

Step-by-step explanation:I don't say you have to mark my ans as brainliest but if you think it has really helped you plz don't forget to thank me...

Will mark brainliest.

Answers

Answer:

I couldnt figure out the irregular polygons, so im sorry

Step-by-step explanation:

2.

[tex]A=wl=7*2=14in^2\\P=2(l+w)=2*(2+7)=18in[/tex]

3.

[tex]P=8a=8*3=24cm[/tex]

4.

[tex]A=wl=40*97=3880mm^2\\P=2(l+w)=2*(97+40)=27mm[/tex]

5.

[tex]A=wl=4*13=52cm^2\\P=2(l+w)=2*(13+4)=34cm[/tex]

6.

[tex]A=wl=3*8=24cm^2\\A=wl=2*6=12cm^2\\=36cm^2\\P=2(l+w)=2·(8+3)=22cm\\P=2(l+w)=2*(2+6)=16cm\\=38cm[/tex]

8.

[tex]A=wl=4*9=36cm^2\\A=wl=8*3=24cm^2\\=60cm^2\\P=2(l+w)=2*(4+9)=26cm\\P=2(l+w)=2*(8+3)=22cm\\=48cm[/tex]

9.

[tex]A=wl=7*11=77cm^2\\A=wl=2*5=10cm^2\\=87cm^2\\P=2(l+w)=2*(7+11)=36cm\\P=2(l+w)=2*(2+5)=14cm\\=50cm[/tex]

The senior students have large lockers that line the school's southern hallway in a single row. A group of 7 friends agreed to choose lockers next to each other. How many different ways can the students choose adjacent lockers?

Answers

Answer:

84 different ways

Step-by-step explanation:

you have to do

7+6+5+4+3+2+1=28

6+5+4+3+2+1=21

5+4+3+2+1=15

4+3+2+1=10

3+2+1=6

2+1=3

1=1

28+21+15+10+6+3+1=84

84 different ways

Suppose Tommy walks from his home at (0, 0) to the mall at (0, 6), and then walks to a movie theater at (7, 6). After leaving the theater Tommy walks to the store at (7, 0) before returning home. If each grid square represents one block, how many blocks does he walk?

Answers

Answer:

26 blocks

Step-by-step explanation:

 To determine the number of blocks Tommy walked, you will calculate the distances between each of his points (ordered pairs).

Using the distance formula i.e[tex]\sqrt{(c-a)^2+(d-b)^2}[/tex]

(0,0) to (0,6) is : [tex]\sqrt{(0-0)^2+(6-0)^2}[/tex] = 6 blocks  

(0,6) to (7,6) is: [tex]\sqrt{(7-0)^2+(6-6)^2}[/tex]= 7 blocks

(7,6) to (7,0) is: [tex]\sqrt{(7-7)^2+(0-6)^2}[/tex] = 6 blocks

(7,0) to (0,0) is: [tex]\sqrt{(0-7)^2+(0-0)^2}[/tex] = 7 blocks, back home

This totals 26 blocks that Tommy walked.

Which number is a common factor of 48 and 72?
A) 7
B) 9
C) 12
D) 16

Answers

Answer:

12

Step-by-step explanation:

just do 48 divide by all numbers until you get a answer that is a whole number you can just know that 12 goes into 48

Answer:

24, 12, 8, 6, 4, 3, 2, 1

These r the numbers I got.

Step-by-step explanation:

So I am thinking 12. Because 12 is the only number in the A B C and D. And 12 is up there. So 12.

48 divided by all numbers until you get a answer, in both. Which would be 12.

The sea turtle habitat at the zoo is made by connecting two large aquariums. The first aquarium is 6 m long, 4 m wide, and 2 m high The second aquarium is 8 m long 9 m wide and 3 m high how many cubic meters of space do the sea turtles have in their habitat

Answers

Answer:

264 cubic metres

Step-by-step explanation:

We need to find the volume of both aquariums and add them up.

The aquariums are shaped as rectangular prisms.

The volume of a rectangular prism is:

V = L * W * H

where L = length, W = width, H = height

The first aquarium is 6 m long, 4 m wide, and 2 m high. Its volume is:

V = 6 * 4 * 2 = 48 cubic metres

The second aquarium is 8 m long, 9 m wide and 3 m high. Its volume is:

V = 8 * 9 * 3 = 216 cubic metres

The amount of space the turtles have is therefore:

V = 48 + 216 = 264 cubic metres

work out ⅕ of 80
work out 48÷½​
❤︎シ︎✌︎

Answers

Step-by-step explanation:

1/5×80=80/5=16 because 1/5 out of 80 means to multiply 1/5 by 8o so the answer to that question is 16.

48÷1/2=48×2/1=96/1=96 because when you divide a fraction by fraction or a fraction with a number there is a rule that says you have to reverse the fraction on the right side and replace the division sign to a multiply sign and multiply. so the answer becomes 482)×2/1 which equals 96.

Consider the quadratic function f(x) = x2 – 8x – 4. What is the value of the leading coefficient?

Answers

Answer:

1

Step-by-step explanation:

The leading coeffecient is the number behind the x^2 value. There is an imaginary one there.

A mixture of gases was found to have a total pressure of 950 mmhg gas number 1 has a pressure of 335 mmhg gas number 2 has a pressure of 456 mmhg what is the pressure exerted by gas number 3

Answers

Answer:

The pressure exerted by gas number 3 is 159 mmHg

Step-by-step explanation:

To answer this question, the law to Use is Dalton’s law of partial pressure

Dalton’s law of partial pressure states that for a mixture of gases which do not mix, the total pressure exerted by such gases is equal to the sum of the individual pressure.

Now for the three gases, the total pressure Pt is equal to P1 + P2 + P3

Now we have Pt = 950 mmHg, P1 = 335 mmHg and P2 = 456 mmHg

P3 = Pt-P1-P2

Plugging the values above, we have ; 950-335-456 = 159 mmHg

A new phone costs $450. There is a 40% discount on the price of the phone and an 8% sales tax on the discount price. What is the final cost of the phone after the discount and the sales tax?

Answers

Answer:

291.60 is the final cost

Step-by-step explanation:

First find the cost of the phone before tax

Discount

450*.40

180

Price after discount

450-180

270

Now find the tax

270* 8%

270 *.08

21.60

Add this to the price after discount

270+21.60

291.60

Answer:

291.60

Step-by-step explanation:

40% of 450 is 270 and 8% of 270 is 21.6 so add 21.6 to 270 and you get 291.60

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