1. Steve wants to buy a guitar. The model he wants costs $500.00. He can put down $100, but will need to take out a loan for the remaining $400. If he is charged an interest rate of 8%, about how much interest will he pay on the guitar in one year?

Answers

Answer 1

Answer:

In one year he will pay about $32 in interest

Step-by-step explanation:

Simple Interest

Interest is calculated on the original principal only of a loan or on the balance of an account.

Unlike compound interest where the interest earned in the compounding periods is added to the new principal, simple interest only considers the principal to calculate the interest.

The interest earned is calculated as follows:

I=P.r.t

Where:

I = Interest

P = initial principal balance

r = interest rate

t = time

Steve paid a down payment of $100 for a guitar that costs $500, therefore he stills owes P=$500-$100=$400. This is the principal amount that will be paid at an interest rate of 8% = 0.08. In t=1 year, he will pay in interest:

I = $400*0.08*1

I = $32.

In one year he will pay about $32 in interest

Answer 2

In one year he will pay about $32 in interest

What is the formula for interest earned?

[tex]I=P\times r\times t[/tex]

Where,I = Interest

P = initial principal balance

r = interest rate

t = time

Steve paid a down payment of $100 for a guitar that costs $500.

Therefore, He stills owes

P=$500-$100

P=$400.

This is the principal amount that will be paid at an

Interest rate of 8% = 0.08.

In t=1 year

He will pay in interest:

[tex]I = $400\times 0.08\times 1[/tex]

[tex]I = $32.[/tex]

Therefore ,In one year he will pay about $32 in interest.

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Related Questions

Solve for t.
3t + 9 > -21

Answers

Answer:

3t>-30

t>-10

..........

How many different triangles can you make if you are given these three lengths

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It’s 1 but I need more characters sooooo

Hope you have a nice day stay positive and if anyone brings you down their just jealous :)

Answer:

1

Step-by-step explanation:

Solve the following equation. show work. x^2 + 8x + 12 = 0.

Answers

Answer:

The zeros are -6 and -2

Step-by-step explanation:

factor the equation.

(x+2)*(x+6)

x+2=0

x+6=0

x
2
+
8
x
+
12
=
0
Step 1: Factor left side of equation.
(
x
+
2
)
(
x
+
6
)
=
0
Step 2: Set factors equal to 0.
x
+
2
=
0
or
x
+
6
=
0
x
=

2
or
x
=

6



X=-2 or x=-6

(4x+3)+(x+4)
Pre-Algebra -Simplify

Answers

The answer is:
4x^2+19x+12
1. 4x X x =4x^2
2. 4x X 4=16x
3. 3 X x= 3x
4. 3 X 4= 12
5. 4x^2 + 16x + 3x + 12 = 4x^2+19x+12

Jada has 33 coins in her wallet-all pennies, nickels, and quarters. Thetotal value of the coins is $3.41. If the number of quarters is four less than the number of pennies, how many of each coin does she have?

Answers

Answer:13 quarters and 17 pennies:

The scatter plot shows the relationship between pages read per week and age. What is the range of the cluster shown in the scatter plot?
A) 8 to 10 years of age
B) 8 to 17 years of age
C) 32 to 39 pages read per week
D) 32 to 72 pages read per week


part 2:

The scatter plot shows the relationship between pages read per week and age. What is the domain of the cluster shown in the scatter plot?
A) 8 to 10 years of age
B) 8 to 17 years of age
C) 32 to 39 pages read per week
D) 32 to 72 pages read per week

Answers

Answer:

part 1 of the question is d ,and part 2 of the question is b.

The range of the cluster shown in the scatter plot is 32 to 72 pages read per week.

Option D is the correct answer.

The domain of the cluster shown in the scatter plot is 8 to 17 years.

Option B is the correct answer.

What is a scatterplot?

A scatterplot is a type of graphical display that is used to represent the relationship between two continuous variables.

In a scatterplot, each point represents the values of the two variables, with one variable being plotted along the x-axis and the other variable being plotted along the y-axis.

The position of each point on the graph represents the values of both variables for that particular observation.

We have,

The range in the scatterplot is the number of pages read per week.

Now,

The plot in the scatter plot is between 32 to 72 pages.

So,

The range of the cluster shown in the scatter plot is 32 to 72 pages read per week.

And,

The domain in the scatterplot is the number of ages in years.

Now,

The plot in the scatter plot is between 8 to 17 years.

So,

The domain of the cluster shown in the scatter plot is 8 to 17 years.

Thus,

The range of the cluster shown in the scatter plot is 32 to 72 pages read per week.

The domain of the cluster shown in the scatter plot is 8 to 17 years.

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Plz help with this question

Answers

Answer:

y=25x+100

That is ur answer

Please would someone be able to give the answer to this Thankyou

Answers

Answer:

6×6 =36 this will answer

Answer:

It is 36

Step-by-step explanation:

Hope this helped have an amazing day!

When finding the multiples of 2, how can I figure out the 6th term? ​

Answers

Answer:

2×1=2

2×2=4

2×3=6

2×4=8

2×5=10

2×6=12 ==> Answer

DESPERATE WILL GIVE BRAINLIST AND THANKS
−40÷−4=

Answers

Answer:

The answer is 10.

Step-by-step explanation:

Negative 40 / Negative 4 = 10.

Answer:

10

Step-by-step explanation:

just...... divide. oh and 2 negatives turn into a positive so yeah

hope it helps

3. For the equation-4y = &r, what is the constant of variation? (1 point)
ООО
02

Answers

Answer:

3).

[tex] - 4y = 8x \\ \frac{y}{x} = \frac{8}{ - 4} \\ \frac{y}{x} = - 2 \\ y = - 2x \\ hence \: constant \: is \: - 2[/tex]

4).

[tex]y \alpha x \\ y = kx \\ where \: k \: is \: the \: constant \: of \: proportionality \\ when \: y = 24 \: and \: x = 8 \\ substitute \: in \: y = kx \\ 24 = 8k \\ k = \frac{24}{8} \\ k = 3 \\ value \: of \: constant = 3[/tex]

If it was by 10, k = 3 by 10

k = 30

5).

[tex]general \: equation \: of \: line \\ y = mx + c \\ but \: m = \frac{2}{3} \: and \: c = 9 \\ substitute \: for \: m \: and \: c \: in \: y = mx + c \\ y = \frac{2}{3} x + 9 \\ alternatively \\ 3y = 2x + 27[/tex]

A rectangular lawn has a diagonal path running across it. The lawn is 10m wide and 15m long. Work out the length of the path

Answers

Answer:

d = 18.02 m

Step-by-step explanation:

Given that,

A rectangular lawn has a diagonal path running across it. The lawn is 10m wide and 15m long.

We need to find the length of the path.

The diagonal of a rectangle can be calculated as follows :

[tex]d=\sqrt{10^2+15^2} \\\\d=18.02\ m[/tex]

So, the length of the path is 18.02 m.

Solve the following expression when
f = 3
7 + 4 + f2 - 5f + 2

Answers

7 + 4 + f^2 - 5f + 2 = 13 + 3^2 - 5(3) = 13 + 9 + 15 = 28 + 9 = 37

Answer:

7+4+2f-5f+2.

substitute the f.

7+4+2(3)-5(3)+2

Do the multiplication.

7+4+6-15+2.

11+6-15+2

17-15+2

2+2

4.

Sally has a discount card that reduces the price of her grocery bill in a certain grocery store by 5%. If c represents the cost of Sally’s groceries, which expression represents Sally’s grocery bill?

Answers

The original price is c. Then the grocery bill will be: c - 0.05c = 0.95 c. You can also say since the beggining that 5% disscount implies 0.95 factor, which leads to c * 0.95 = 0.95c. Sorry if it’s wrong

Which table of values represents the equation y=
1
1
2
4.
7
9
4
5
8
1
2.
14
18
2
22
y
12
31
41
2
3
5
6
y
4
6
10
12
3
4
4
6

Answers

Answer:

4

Step-by-step explanation:

Simplify the following expression: 5x + 2 + 3x + 1

Answers

Answer:

8x + 3

Step-by-step explanation:

5x + 3x= 8x

2 + 1= 3

8x +3

Answer:

8x+3

Step-by-step explanation:

Carrie received 42% of the vote for Treasurer of her school's Latin Club. If there are 67 students, how many students voted for her?

Answers

Answer:

28 people voted for Carrie

Step-by-step explanation:

Make the 42% a decimal, and multiply the decimal by 67.

You can make a decimal by moving the number back two digit places

and removing the percent sign, to get .42; you then multiply the two numbers together.

The number of students who voted for her will be 27.

What is the percentage?

The percentage is defined as representing any number with respect to 100. It is denoted by the sign %. The percentage stands for "out of 100." Imagine any measurement or object being divided into 100 equal bits.

Given that Carrie received 42% of the vote for Treasurer of her school's Latin Club.

The number of votes received by Carrie will be calculated as:-

Number = 67 x 42%

Number = 67 x 0.42

Number = 27

Hence, the number of votes will be 27.

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Darwin's house is located on the edge of a park. He leaves his house and walks north along the edge of the park for 5 blocks. He turns and walks 12 blocks west in the park. He then walks directly back to his house in a straight line across the park. Determine the total distance of his trip. HINT: you must find the length of the hypotenuse

Answers

it’s definitely 17 or it’s 23?
23, hope this helps!!!

Seven friends are sharing 8 cups of lemonade. If they share the lemonade equally, how many cups will each friend get?

Answers

Answer:

Step-by-step explanation:

if 7 friends share 8 cups of lemonade

each will receive 7/8 of the lemonade

Each friend will receive 7/8 of the lemonade

What is the unitary method?

The unitary method is a method for solving a problem by the first value of a single unit and then finding the value by multiplying the single value.

From the given question, we are informed that Seven friends are sharing 8 cups of lemonade and that they share the lemonade equally.

The number of cups that each friend gets can be calculated by dividing the number of cups of lemonade by the number of friends.

This will be:

=  7/8

We can conclude that Each friend will receive 7/8 of the lemonade

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helpppppppppppppppppppppppppppppppppppppppp

Answers

Answer:

y=3

The solution is 3

Step-by-step explanation:

is this the right answer?

Answers

Answer: It looks about correct , yes.

Step-by-step explanation:

Answer:

Yes.

Step-by-step explanation:

.
Select all of the given points in the coordinate plane that lie on the graph of the linear equation 4x−y=3




A. (-1,-7)

B. (0,3)


C. (34,

D. (1,1


E. (2,5)

F. (4,-1)​

Answers

Answer:

the answer is......

Step-by-step explanation:

f ,c,a

Answer:Your answer is a c and f

help
-9x + 3.0 > 6.6
Group of answer choices

x 0.4

x 2.4

Answers

Answer:

x  0.4

Step-by-step explanation:

Isolate the variable by dividing each side by factors that don't contain the variable.

PLEASE HELP ME WITH THIS I WILL GIVE BRAINLIEST

Answers

Answer:

6(m - 2)

Step-by-step explanation:

7.
The pair of figures is similar. Find x. Round to the nearest tenth if necessary.

A. 34 cm
B. 9.8 cm
C. 21.9 cm
D. 29.6 cm

Answers

Answer:

Choice B

Step-by-step explanation:

When two shapes are similar their sides are always going to be proportional. So here we will set up a proportion to solve this.

[tex]\frac{23}{40}=\frac{x}{17}[/tex]

Now we cross multiply

[tex]391=40x[/tex]

After we got an equation we solve it

[tex]x=9.775[/tex]

Since we got a decimal we will have to round it to the place they instruct for us, on this one it is 9.8 cm so it is choice b.

The required value of x is 9.8 cm. For the two similar triangles.


Two similar triangles are given. value of x to be determined.

What are Similar triangles?

Similar triangles are those triangles that have similar properties,i.e. angles and proportionality of sides.

Here, if triangles are similar then their ratio of sides is also equal.
x/23=17/40
x = 0.425*23
x = 0.425 * 23
x = 9.8 cm


Thus, The required value of x is 9.8 cm. For the two similar triangles.

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If you walk 3 kilometers in 0.5 hours, what is your average speed in kilometers per hour?

Answers

Answer:

6km

Step-by-step explanation:

.5 times 2 = 1 hour

3km times 2 =6

Your average speed was 4.6 kilometers per hour

A cyclist rides at a constant speed, traveling 30 miles in 1.5 hours. Write a proportion that gives the number x of miles the cyclist rides in 4 hours

Answers

Answer:

We can write proportion as:

[tex]\frac{\mathbf{30\:miles}}{1.5\:hours}=\mathbf{\frac{x\:miles}{4\:hours}}[/tex]

Step-by-step explanation:

A cyclist rides at a constant speed, traveling 30 miles in 1.5 hours. Write a proportion that gives the number x of miles the cyclist rides in 4 hours

Proportion:

A proportion is used when two ratios are equal. It can be written as a/b=c/d

In our case we have:

a= 30 miles

b = 1.5 hours

c = x miles

d = 4 hours

We can write proportion as:

[tex]\frac{\mathbf{30\:miles}}{1.5\:hours}=\mathbf{\frac{x\:miles}{4\:hours}}[/tex]

Brenda buys a shirt for $40. She has a coupon for 25% off. What is 25% of $40?

Answers

Answer:

Step-by-step explanation: hehejejehjejejehehhejehehejehehheehejhehejehejejejejejjejejejejejhhehejejjejejejeejehhehehe

Answer:

$10

Step-by-step explanation:

40 X .25 = 10

PLEASE HELP!!!! i put a picture

I-ready work

Answers

Answer:
100 minutes
All I did was add

help mewith this question please I'll give brainliest​

Answers

Answer:

Step-by-step explanation:

As given

we have 50 kg oranges at the rate of 80 per kg and also she paid Rs. 5 per kg as fare ,   and sold totally by price of Rs. 4675

Now first we have to know that how much money she spent ,

1 kg  = Rs. 80

50 kg = Rs. x

by cross multiplication ,we get

x= 80*50

x= Rs. 4000   total cost of oranges

Now total cost of fare,

1kg = Rs 5 fare

50 kg = y

we get , by cross multiplication,

y=Rs.250

Now total cost = x+ y = 4000+250 = Rs. 4250

As she sold it with price of Rs 4675

hence ,the profit she made ,

Profit = 4675-4250  = Rs.425

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