Brendon Walsh wants to borrow $40,000 from the bank. The interest rate is 6% and the term is for 5 years.


What is the amount of interest paid?



$40,000


$480


$2,400


$24,000

Answers

Answer 1
24,000 f it fjttcrcjfccyj
Answer 2

The amount of interest paid per year is $2400

What is Interest rate?

An interest rate is the percentage a lender charges on the amount of money borrowed from them.

Given that, Brendon Walsh wants to borrow the sum of $40,000 from the bank

Interest rate is 6%

Time is 5 years

Therefore, the yearly payment amount can be calculated as follows

= 40,000 × 5 × 6/100

= 40,000 × 5 × 0.06

= 12000/5

= $2,400

Hence, the yearly payment is $2,400

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Related Questions

A recipe that would make 18 cupcakes
calls for 4 teaspoons of vanilla. How
many cupcakes is that per teaspoon?

Answers

Answer:

Hello there,

Let's solve,

It takes 4tsp for 18 cupcakes

thus for 1tsp it'll be,

= 18/4

= 4 and a half cupcake

That is one teaspoon of vanilla is needed for 4 and a half cupcakes.

All the best!

Rachna borrowed a certain sum at the rate of 15% per annum. if she paid at the end of the two years Rs.1290 as interest Compounded annually, find the sum she borrowed.​

Answers

Given info:

Compound Interest = Rs.1290

Rate of Interest = 15% p.a

Time = 2 years

Formula we have to know:-

[tex] \dag{\underline{\boxed{\sf{C.I = P \bigg(1 + \dfrac{R}{100} \bigg)^{n} - 1}}}}[/tex]

Where

C.I = Compound Interest

P = Principle

R = Rate of Interest

N = Time

[tex]\textsf{ \underline{Solution-}}\\[/tex]

Here

C.I = Rs.1290

R = 15%

N = 2 years

Principle = ?

Now,Calculating the sum (Principle) borrowed by Rachna

[tex] \quad{: \implies{\sf{C.I = \Bigg[P \bigg(1 + \dfrac{R}{100} \bigg)^{n} - 1 \Bigg]}}}[/tex]

Substituting the given values

[tex]\quad{: \implies{\sf{1290 = \Bigg[P \bigg(1 + \dfrac{15}{100} \bigg)^{2} - 1 \Bigg]}}}[/tex]

[tex]\quad{: \implies{\sf{1290 = \Bigg[P \bigg(\dfrac{(1 \times 100) + 15}{100} \bigg)^{2} - 1 \Bigg]}}}[/tex]

[tex]\quad{: \implies{\sf{1290 = \Bigg[P \bigg(\dfrac{115}{100} \bigg)^{2} - 1 \Bigg]}}}[/tex]

[tex]\quad{: \implies{\sf{1290 = \Bigg[P \bigg(\dfrac{115}{100} \times \dfrac{115}{100} \bigg) - 1 \Bigg]}}}[/tex]

[tex]\quad{: \implies{\sf{1290 = \Bigg[P \bigg(\dfrac{13225}{10000} \bigg) - 1 \Bigg]}}}[/tex]

[tex]\quad{: \implies{\sf{1290 = \Bigg[P \bigg( \cancel{\dfrac{13225}{10000}} \bigg) - 1 \Bigg]}}}[/tex]

[tex]\quad{: \implies{\sf{1290 = \Bigg[P \bigg({1.3225 - 1} \bigg) \Bigg]}}}[/tex]

[tex]\quad{: \implies{\sf{1290 = P \times {0.3225}}}}[/tex]

[tex]\quad{: \implies{\sf{\dfrac{1290}{0.3225} = P}}}[/tex]

[tex]\quad{: \implies{\sf{\dfrac{1290 \times 1000}{0.3225 \times 1000} = P}}}[/tex]

[tex]\quad{: \implies{\sf{\dfrac{12900000}{3225} = P}}}[/tex]

[tex]\quad{: \implies{\sf{\cancel{\dfrac{12900000}{3225}} = P}}}[/tex]

[tex]\quad{: \implies{\sf{Rs.4000 = P}}}[/tex]

[tex]\quad{\dag{\underline{\boxed{\tt{\blue{Principle} = \purple{Rs.4000 }}}}}}[/tex]

[tex]\begin{gathered}\end{gathered}[/tex]

Hence,

The sum (Principle) is Rs.4000.

f(x)=3x-7 input is 3

Answers

Answer:

The answer is f(x)=2

Step-by-step explanation:

When the input is given it means that the x is substituted by that number.

so 3x3-7.

3x3-7

9-7=2.

The f of x is equivalent to 2.

I hope this helps :D

calculate the time taken for a train to travel 1000m if its initial is 3 m/s and it is moving at a constant acceleration of 0.1m/s^2

Answers

Answer:

Step-by-step explanation:

For obects already in motion, the distance travelled, s, is:

s = vi*t + (1/2)at^2

where vi is the initial velocity, a is the acceleration, and t is the time in seconds.

We want the time, t, to reach 1000 meters.

1000 m = (3 m/s)*t + (1/2)*(0.1m/s^2)*(t^2)

(1/2)*(0.1m/s^2)*(t^2) = 0.05t^2

0.05t^2 + 3t -1000 = 0

Solve quadratic equation:

t = 114.6 seconds

what is the unit rate of 588 and 12

Answers

Answer:

49

Step-by-step explanation:

588  divided by 12                        49

___                                  =           -------          

12    divided by 12                           1

Hope this helped, click thanks if it did

FIND THE FACTORS OF THE FOLLOWING POLYNOMIAL 3y²-2y-1

Answers

Answer:

y

[tex] y2 - 2y - 3[/tex]

[tex](y - 1)(y + 3) [/tex]

[tex](3y - 1)(3y + 3)[/tex]

Step-by-step explanation:

you multiple the 3 with the 1

then factor

then divide by 3 again but the denominator goes in front of the y.

Dilate the image by k=1/4

Answers

k is 1/4. So his height is 1/4 times 4 which is 1.

His new height is 1 ft

Leticia spends $18.45 on a shirt. She spends at least $3.00 more than Humberto spends. If h represents the amount Humberto spends, which symbol can be used to complete the inequality below to represent this situation?

18.45 blank 3 + h
>
<
Greater-than-or-equal-to
Less-than-or-equal-to

Answers

Answer:

>

Step-by-step explanation:

28.45 >3+hgydnjsjsjjsjkso

q
1
y=qx
P
Write x in terms of p, q and y.

Answers

Answer:

x = [tex]\frac{y}{pq}[/tex]

Step-by-step explanation:

y = pqx ( isolate x by dividing both sides by pq )

[tex]\frac{y}{pq}[/tex] = x

Aurora has a cell phone plan that charges $65 for phone service

Answers

Answer:

interesting

Step-by-step explanation:

solve −2 1/4⋅(−2 1/3)

a −5 1/4
b −4 1/1
c 4 1/12
d 5 1/4

Answers

Answer:

5 1/4

The answer is d (d 5 1/4)

Answer: D

Step-by-step explanation:

[tex]-2\frac{1}{4}[/tex] × [tex]-2\frac{1}{3}[/tex]

= [tex]\frac{-9}{4}[/tex] × [tex]\frac{-7}{3}[/tex]

= [tex]\frac{3}{4}[/tex] × [tex]7[/tex]

= [tex]\frac{21}{4}[/tex] or [tex]5\frac{1}{4}[/tex]

please give me a brainliest answer

Jodi is going to start up a cookie baking business over the summer to make some extra money. It costs her $2.45 in supplies to make a dozen cookies. She wants to markup the price by 150%. How much should she sell a dozen cookies for? $

Answers

Sfbxdfgbbffjxhndkxhbdbdidhdbdudbdjxudj

The point A(−4,5) is reflected over the point (2,3) and its image is point B. What are the coordinates of point B?

Answers

Answer: (8,1)

Step-by-step explanation:

The line that connects (-4,5) and (2,3) has a slope of (-2/6) or -1/3. The y-intercept is calculated from one of the points: 3 = -(1/3)*(2) + b

b = 3 2/3

The equation for the line is y = -(1/3)x + 3 2/3

The reflection covers a distance of x of (2 - (-4)) = 6. Add 6 to the x value of (2,3) and calculate the resulting y. (8,y): y = -(1/3)(8) + 3 2/3, y = -8/3 + 11/3 = 3/3 or 1

The point is (8,1)

4-2y=-2x in slope intercept form

Answers

Answer:

y=x+2

Step-by-step explanation:

4-2y=-2x

Divide everything by 2.

2-y=-x

Switch to y=mx+b form.

-y=-x-2

Multiply everything by +1.

y=x+2

The figure is a drawing of a field that will be planted with new grass. What is the area of the field?
a 36.0 ft2
b 292.5 ft2
c 1,296.0 ft2
d 270.0 ft2

Answers

Answer:

Step-by-step explanation:

Select the correct answer?

Which expression is equivalent to y2/5, if y ≠ 0?

Answers

Answer:

Exponents =

[tex]\textsf y^{\frac{2}{5}} \textsf{equivalent} \sqrt[5]{y^2}[/tex]

Solution :

[tex]\textsf{When} \ a^{\frac{m}{n}} = \sqrt[n]{a^m}[/tex]

[tex]\textsf{And} \ y^{\frac{2}{5}} = \sqrt[5]{y^2}[/tex]

.

answer pls for 30 points and brainliest​

Answers

Answer:

your answer will be letter B

Step-by-step explanation:

There are ten eggs in a carton. How many eggs are in four cartons?

Answers

Answer:

40 because 10 x 4 = 40

Step-by-step explanation:

Dude this is baby level question

Answer is 10×4= 40

So 40 Eggs

PLEASE ANSWER ALL THESE FOR 60 POINTS!!!

Answers

Answer:

Step-by-step explanation:

17. ≈ 1.41 + 5 = 6.41

18. ≈ 1.73 × 2.24 = 3.8752

19. ≈ 3.14 × 25 = 78.5

20. ≈ 2.24 × 2.24 = 5.0176

21. ≈ 10 - 2 × 3.14 = 10 - 6.28 = 3.72

22. I’m sorry. I don’t know.

please give me a brainliest answer

7 pls pls pls help meeee!

Answers

It's 90° because Z has to be 45

1260=(n-2) x 180what is n?

Answers

Answer:

N = 9

Step-by-step explanation:

1. 1260 / 180 = 7

2. Because we removed 2 before, we're going to add 2 because we're doing it in reverse and we get 9, therefore the answer is 9

4 times 14 5/6 to the nearest whole number

Answers

Answer:

356

Step-by-step explanation:

4 x (14 5/6) =

4 x (14 x 6) + 5

4 x 89 = 356

7819 rounded to 1 significant figure

Answers

Answer:

8000

Step-by-step explanation:

PLEASE HELP.

I’m not good at algebra and I’m stuck.

Answers

The first graph represents the given function, f(x) = x + 4.

In f(x)= x + 4, the slope, m =1, is positive (rise 1 unit, run 1 unit). This means the graph is inclining from left to right. Also, the y-intercept is (0, 4).

These descriptions matches graph 1.

Fine a number such that half of the number is 4 more than 6.​

Answers

Answer:

20

Step-by-step explanation:

20 / 2 = 10

10 - 4 = 6

4 more than 6 = 4 + 6 = 10

The number’s half is 10 therefore the number is 10 x 2 = 20

Answer = 20!


Write an equation in slope-intercept form for the line with slope 1/4 and y-intercept -3

Answers

Answer: [tex]y=\frac{1}{4}x-3[/tex]

Step-by-step explanation:

Cuantos lugares sobran de acuerdo con el número de las mesas y de los invitados que te tienen?

Answers

Answer:la cantidad de invitados y la cantidad de mesas que no nos dio por favor agréguelo para que pueda ayudarlo :))

Step-by-step explanation:

*Add 6 to the difference between 9 and 7*

Answers

Answer:

(9-7)+6

2+6

8...........

Answer:8

Step-by-step explanation:9-7=2. 2+6=8

Consider the function shown. How can you restrict the domain so that f(x) has an inverse? What is the equation of the inverse function?

Answers

The correct option is D f⁻¹(x) = 2 + √(x + 2).

What is a function?

A function is defined as the expression that set up the relationship between the dependent variable and independent variable.

The inverse function of a function f in mathematics is a function that reverses the operation of f.

The given function is f(x) = 1 / (2 + √(x + 2)). The inverse function of the given function is,

f⁻¹(x) = 2 + √( x + 2).

Therefore, the correct option is D f⁻¹(x) = 2 + √( x + 2 ).

To know more about a function follow

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Which expression is equivalent to 6m + (m – 2)(m + 7) + 3?

Answers

Answer:

m^2+11m-11.

Step-by-step explanation:

Answer: When x=10 , both expressions have a value of 33. James determined that these two expressions were equivalent expressions using the values of x= 4 and x=6 .Which statements are true? Check all that apply. When x=2, both expressions have a value of 18. The expressions have equivalent values for any value of x.

Step-by-step explanation:

Hope this helps!

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