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.

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Related Questions

what is the answer for x

Answers

Answer:

x = 8.5

Step-by-step explanation:

I got this answer by assuming the triangles were congurent, if they are not, the answer may vary.  

first, make an equation:

x + 8 = 3x - 9

bring 3x to the other side, by subtracting it

-2x + 8 = -9

Subtract 8

-2x = -17

divide by -2

x = 8.5

Then, just sub x into the formulas

A zoo collected data on the diving times of turtles. Based on the data, the regression line is j = 0.010 + 2.515x, where x is the time of the dive, in minutes. Based on the regression equation, what is the predicted dive depth in meters at 150 seconds? Give your answer to three decimal places. meter(s) ​

Answers

Answer:

6.298 meters

Step-by-step explanation:

Here, we are told that x is the time of the dive in minutes.

We simply first need to convert 150 seconds to minutes before substitution into the regression formula;

Kindly recall that 60 seconds = 1 minute

So 150 seconds will be 150/60 = 2.5 minutes

We now proceed to substitute into;

j = 0.010 + 2.515(x)

i = 0.010 + 2.515(2.5)

j = 0.010 + 6.2875

j = 6.2975 which go 3 decimal places is 6.298 meters

Using the regression model given, substitution the value of x = 2.5 minutes into the equation, the dive depth obtained ls 6.2975 meters.

Given the regression model :

y = 0.010 + 2.515x

x = time of the dive ; y = dive depth

Converting, x to minutes :

150 seconds = (150 ÷ 60) = 2.5 minutes

The dive depth, y after 150 seconds, can be obtained by substituting the value x = 2.5 into the equation :

y = 0.010 + 2.515(2.5)

y = 0.010 + 6.2875

y = 6.2975

There, the dive depth after 150 seconds will be 6.2975 meters

Learn more : https://brainly.com/question/18405415

BRAINLIEST ANSWER!! please help

Answers

(n+15) 6 = -42



n= -22


that’s sounds right but I would check the equation

Select all of the transformations that always maintain a shape's congruency.

A) A reflection
B) Adilation
C) A reflection and then a dilation
D) A rotation then a translation
E) A translation then a reflection

Answers

Reflection and a rotation then translation/A and D

A room has a length of 7 m.
A scale diagram is drawn of the room.
In the diagram, the room has a length of 1 cm.
What is the scale of the diagram?
Give your answer as a ratio in the form 1 : k, where k is an integer.

Answers

If you convert 7m to centimetres you get 700

Answer:

Step-by-step explanation:

A ratio is used in scale drawings of maps and buildings.  

That is:

The scale of a drawing = Drawing Length : Actual Length

A scale is usually expressed in one of two ways:

-using units as in 1 cm to 1 km

-without explicitly mentioning units as in 1 : 100,000.

A scale of 1 : 100,000 means that the real distance is 100,000 times the length of 1 unit on the map or drawing.

In your case, where the room has a length of 7m and 1cm on the diagram:

1 cm to 7m = 1cm : 7m

                  = 1cm : 700cm

                  = 1 : 700

3x + 2y + 4 ; x= 2 and y=3 |

Answers

Answer:

if x=2 and y=3 then

3x+2y+4 ---> 3(2)+2(3)+4

3(2)+2(3)+4

6+6+4

6+10

16

Picture attached !!!

Answers

Answer:

D.

Step-by-step explanation:

Since they are both the same angle measures, they are congruent, and also corresponding since they are located on the same side and half of the different lines.

log10^125+log10^8 explain it plZ

Answers

Answer:

this

Step-by-step explanation:

BRAINIEST IF ANSWERED !!If m

Answers

Answer:

u didnt put questions

Step-by-step explanation:

Send picture of questions??

Gregoria borrowed $2,450, to be paid back at 3.5% simple interest. She spent $3221.75 in all to repay the loan. How many years did Georgia take to repay the loan?

Answers

Answer: 9 years

Step-by-step explanation:

Simple interest = PRT/100

where

P = principal = $2450

R = rate = 3.5%

T = time = unknown

Interest = $3221.75 - $2450 = $771.75

Simple interest = PRT/100

$771.5 = ($2450 × 3.5 × T)/100

$771.5 = $8575T/100

8575T = 771.5 × 100

8575T = 77150

T = 77150/8575

Time = 8.99 years = 9 years

I need help pls if u are good at math stuff

(-2.2) · (-2) · (–1) · (5) = ?
1. 88
2. 5 1/2
3. -88
4. -5 1/2

Answers

Answer:

My answer came out to -22.

Step-by-step explanation:

Start multiplying from left to right:

Two negatives multiplied are positive:

-2.2·(-2)=4.4

A negative and a positive multiplied equal a negative:

4.4·(-1)=-4.4

-4.4·5=-22

9. Subtract: 5 - 3 1/3

A. 1 2/3
B. 2 2/3
C. 3 1/3
D. 2 1/3

Answers

Answer:

b is the right answer

Step-by-step explanation:

plz can u follow and make brainliest answer and like and thx to u

Answer:

A. 1 2/3

Step-by-step explanation:

I thought of it backwards and did 1 and 2/3 + 3 and 1/3 = 4 and 3/3

and that turns into 5

Megan expects to save an average of 5 dollars per week from her babysitting earnings. The relationship between time and the amount of money she saves is shown on the graph. Which other ordered pairs would fall on this line? Select all that apply.
(0.5, 2.5)
(3, 18)
(0, 0)
(4.5, 30)

Answers

Answer:(0.5,2.5) (0,0)

Step-by-step explanation:

Answer:

A & C  

aka: (0.5, 2.5)  & (0, 0)

Step-by-step explanation:

Took the question on edge and got it correct.

Hope it helps (^-^)

Help please!!! 20 points

Answers

Answer:

I have no idea sorry

Step-by-step explanation:

i dont understand the question

Answers

Answer:

2 <= to x <= 5

Step-by-step explanation:

/////////////

please let me know !

Answers

Step-by-step explanation:

Slope = y2 - y1

x2 - x1

So, 4 - 0

8 - 6

= 4

2

Slope = 2

y - 4 = 2(x - 8)

y - 4 = 2x - 16

y = 2x - 12

y-intercept:

y = 2(0) -12

y = -12

x-intercept:

(0) = 2x - 12

12 = 2x

12/2 = x

6 = x

Domain: {0, 2, 4, 6, 8}

Range: {-12, -8, -4, 0, 4}

Hope this helps!

Good luck!

You have a 18.96 cubic centimeter gourd that has a density of 2.23 g/ml, what is the mass of the gourd?

Answers

42.28g

M=D x V
18.96 x 2.23 = 42.28

Sione just landed a great job as an engineer where he will make $55,000 a year. The company he will work for guarantees a 3% pay increase each year so it's employees' salaries keep up with inflation. At the end of the 1st year Sione will have made $55,000 dollars. What is the recursive function that will represent this situation?​

Answers

Answer:

s(x) = 55000*1.03^x

Step-by-step explanation:

First year salary

$55000

Annual pay rise

3% ⇔ 1.03 times

Functional relationship

It is going to be an exponential function as every year salary will increase 1.03 times

s(x) = 55000*1.03^x, where s- salary and x- number of employment years

Help me ASAP WILL GIVE BRAINLIEST AND 5 STAR RATE (not a real test)

Answers

Answer:

y = -2

Step-by-step explanation:

y-intercept is the point of y at which x is zero

so it is (0,-2) when y= -2

Hope it helps!

1. Jonathan bought 10lb of flour at $7.50. He had a store coupon for $0.79. What was the
final price for the flour?
the answer and work

Answers

Answer:

6.71

Step-by-step explanation:

The solution should be $6.71 because when you subtract $7.50 and $0.79 you end up with $6.71.

Fun Zone charges an entrance fee
of $4.50 and $0.65 per ticket. Happy
Town charges $0.40 per ticket and a
$5.00 entrance fee. How many
tickets must be purchased in order
for the total to be the same at both
Fun Zone and Happy Town?

Answers

Answer:

2 tickets

Step-by-step explanation:

To be the same they must equal each other.

4.50 + 0.65x = 0.40x + 5

isolate the variable

subtract 4.50 from both sides

0.65x = 0.40x + 0.50

subtract 0.40x from both sides

0.25x = 0.50

divide both sides by 0.25

x = 0.50 ÷ 0.25

x = 2

y'all i will love u forever if u answer these questions..it's 20 points for answering.

Tyson and his friends go ice skating. Tyson must pay an initial fee of $18.30 plus $4.80 per hour. Write an equation for the cost (c) Tyson must pay after skating h hours. Solve the equation to find the cost to go ice skating for four hours. Write the answer as an ordered pair and explain the meaning of the ordered pair to this problem. Show all work.

Cindy is taking her granddaughter to the local pumpkin patch. The pumpkin patch sells pumpkins by the pound. The cost for pumpkins is $0.49 each pound up to 8 pounds. For those pumpkins that weigh more than 8 pounds, the cost is $0.49 each pound for the first 8 pounds and $0.25 per each pound after. If Cindy's granddaughter chooses an 11-pound pumpkin, how much will it cost? Write an equation to find the cost of the pumpkin. Write the answer as an ordered pair and explain the meaning of the ordered pair to this problem. Show all work.

Answers

c=18.3+4.8h
c=37.5 for four hours

c=$4.67
(i don’t know the ordered pairs part it’s confusing but hope this helps a little!)

If x to the power of 2= 60, what is the value of x

Answers

Answer:

B.

Step-by-step explanation:

If x squared is 60, then you would have to find the root of 60 to find the value of x.

Hope I helped :)

Please consider Brainliest :)

Answer:

I just took the test the answer is B. +or - the square root of 60

Step-by-step explanation:

If AB = 10, and BC = 5, what is the value of CD?

Answers

15 - in geometry it mostly just think about what goes together. I know a lot of people who get the set up and the format confused when all you honestly have to do is add subtract and find variables.

K = 1/5
what is the answer

Answers

Answer:

K=1/5 or in decimal form 0.2

Step-by-step explanation:

can someone please give me some good sad music??????

Answers

Answer:

hello darkness

Step-by-step explanation:

Answer:

if you are into emo pop punk like me i would suggest the album "Best Buds" by mom jeans.

Step-by-step explanation:

A rocket is launched from a tower. The height of the rocket, y in feet, is related to the time after launch, x in seconds, by the given equation. Using this equation, find the time that the rocket will hit the ground, to the nearest 100th of second.

Answers

Answer:

9.72 seconds

Step-by-step explanation:

9.72 seconds ( approx )

Step-by-step explanation:

Since, the equation that shows the height of the rocket from the ground,

Where,

x = time after launch, in seconds,

When the rocket hits the ground,

y = 0,

i.e.

By the quadratic formula,

∵ Time can not be negative,

So, the time taken to hit the ground = 9.716 seconds ≈ 9.72 seconds.

The time at which the rocket will hit the ground to the nearest hundredth of seconds is 15 seconds.

What is a quadratic equation?

An algebraic equation of the second degree in x is a quadratic equation. The quadratic equation is written as ax2 + bx + c = 0, where x is the variable, and a must not be zero.

As per the given height of tower y in terms of time is seconds x

y = -16x² + 240x + 115

The height of the tower when the rocket hit the ground will be zero.

Thus, y = 0

0 = -16x² + 240x + 115

16x² - 240x - 115=0

By quadratic equation formula,

x = [-(-240) ± √((-240)²+4×16×(-115))]/ 2×16

x = [240 ± 254.8725]/32

x = 15.46 and x = -0.46 since time can be never negative thus 15.46 seconds will be correct.

15.46 to the nearest hundred is 15.

Hence "The time at which the rocket will hit the ground to the nearest hundredth of seconds is 15 seconds".

For more about the quadratic equation,

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Find m<LMN if m<LMT=23 degree and m<TMN=144 degree​

Answers

Answer:

∠LMN = 167°

Step-by-step explanation:

∠LMT = 23°

∠TMN = 144°

∠LMN = ∠LMT + ∠TMN

∠LMN = 23° + 144°

∠LMN = 167°

Help me please??????

Answers

Answer:

Option D, 40

Step-by-step explanation:

90 + 50 = 140

180 - 140 = 40

Answer:

40

Step-by-step explanation:

180-90+50=40

brainliest appreciated

Which of the following variable expressions represents the word phrase
“2 less than p”?

a. 2 – p
b. p + 2
c. p – 2
d. 2 p

Answers

It’s c.p-2. Hope this helps
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