(25 points!) Caleb bought a $795 necklace for his wife's birthday. If he bought it on credit with an interest rate of 16.25% how much total will he have paid after three years? ​

Answers

Answer 1

Answer:

The total amount that he would have paid after 3 years is $1183.

Step-by-step explanation:

We would apply the formula for determining simple interest which is expressed as

I = PRT/100

I represents interest paid on the amount owed.

P represents the principal or initial amount owed.

R represents interest rate

T represents the duration for which the amount was owed in years.

P = $795

R = 16.25

T = 3 years

I = (795 × 16.25 × 3) ÷ 100

I = $388

Total amount that he would have paid after 3 years is $795 + $388 = $1183

Answer 2

The total amount that he would have paid after three years would be $1183.

What is the simple interest?

Simple interest is defined as interest paid on the original principal and calculated with the following formula:

S.I. = P × R × T, where P = Principal, R = Rate of Interest in % per annum, and T = Time, usually calculated as the number of years. The rate of interest is in percentage r% and is to be written as r/100

The given data as per the question

P = $795

R = 16.25

T = 3 years

Simple interest =  P × R × T

Substitute the values,

Simple interest = (795 × 16.25 / 100 × 3)

Simple interest = (795 × 0.1625 × 3)

Simple interest = $388

The total payback amount :  $795 + $388 = $1183

Therefore, the total amount that he would have paid after three years is $1183.

Learn more about the simple interest here:

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Related Questions

Sonia Oopsmeyer, who is proud of how fast she can punch numbers into her calculator, divided a number by 40 instead of multiplying it by 40. Her answer, which was wrong, was 20. What is the correcr answer? Describe the steps you took to find the correct answer.​

Answers

Answer:

320

Step-by-step explanation:

x is the mystery number

x÷40=20

20x40=80

80=x

80x40=320

hope this helps

Given: KW perpendicular to JO. JP perpendicular to KO. KW intersects JP=Q Prove: triangle OKW similar to triangle OJP

Answers

Answer:

OKW similar to triangle OJP using Angle Angle

Step-by-step explanation:

Given

See attachment for triangles

Required

Prove their similarity

From the attachmen:

[tex]\angle JPO = \angle OWK = 90[/tex]

Also:

[tex]\angle O = \angle O[/tex] for both triangles i.e. reflexive property

Hence:

OKW similar to triangle OJP by AA i.e. Angle Angle

WILL MARK BRAINLIEST!!!!

Answers

the answer is a 4.33......

Based on the article, which of the following is MOST important to all economic systems?
A. Economic freedom
B. Factors of production
C. Equal distribution of wealth
D. Government-owned services

Answers

It’s A because yea just it is and grabbed

A customer pay 72$ for 18 sandwiches. If each sandwich cost the same amount , what is the cost per sandwich, in dollars?

Answers

Answer:

Each sandwich costs 4$.

Step-by-step explanation:

To find the answer we will divide 72$ by 18 and we get 4$.

The number of sandwiches and the total price of sandwiches are directly proportional.

Cost of 18 sandwiches = $72

Cost of 1 sandwich = $72/18

= $4

Hence the cost of 1 sandwich is $4.

Help me with this!!!!!

Answers

Answer: GH=16

Step-by-step explanation:

Equal triangles have equal sides

express y= x² + 2x + 3 in the form of y= (x-h)² + k​

Answers

Given:

The equation is

[tex]y=x^2+2x+3[/tex]

To find:

The vertex form of the given equation, i.e., [tex]y=x^2+2x+3[/tex].

Solution:

We have,

[tex]y=x^2+2x+3[/tex]

It can be written as

[tex]y=(x^2+2x)+3[/tex]

Add and subtract square of half of coefficient of x, i.e., [tex]\left(\dfrac{2}{2}\right)^2=1[/tex].

[tex]y=(x^2+2x+1)-1+3[/tex]

[tex]y=(x^2+2(x)(1)+1^2)+2[/tex]

[tex]y=(x+1)^2+2[/tex]                   [tex][\because (a+b)^2=a^2+2ab+b^2][/tex]

Therefore, the required form of given function is [tex]y=(x+1)^2+2[/tex].

Simplify. Write your answer in standard form.


(4x^3+6x−7)+(3x^3−5x^2−5x+9)

Answers

answer: 7x^ - 5x^2 + x + 2

step-by-step explanation: i think thats it

I need this done today whoever gets this correct gets brainliest!!! PLZZ HELPP MEE!!!
hurryy!!

Answers

Explanation is in the file

tinyurl.com/wpazsebu

I’m pretty sure the answer is c I’m so sorry if I’m wrong

Solve for x: 5x = 2/7

Answers

5x=5=2/7 divided by 5

X=2/7 x 1/5

X=2/35

X=0.0571428

A. 220
B. 55
C. 110
D. 25​

Answers

Answer:

The answer should be C

A bouncy ball is dropped such that the height of its first bounce is 7 feet and each successive bounce is 67% of the previous bounce's height. What would be the height of the 8th bounce of the ball? Round to the nearest tenth (if necessary).

Answers

Answer:

4.79

Hope this helps! :D

Answer: 0.2

Step-by-step explanation:

A middle school has 200 boys and 300 girls enrolled in the seventh-grade. The principal randomly selects 45 seventh-grade students to take a lunch survey. How many of the seventh-grade students selected for the survey should the principal expect to be boys?

Answers

Answer:18

Step-by-step explanation:

Given

The school has 200 boys and 300 girls

The ratio of boys and girls is 2:3

If 45 seventh grade students are selected then the ratio of boys and girls remain the same

suppose there are 2x boys and 3x girls, such that ratio is 2:3

[tex]\Rightarrow 2x+3x=45\\\Rightarrow 5x=45\\\Rightarrow x=9[/tex]

No of the boys are [tex]2x=2\times 9=18[/tex]

Answer:

18

Step-by-step explanation:

what the another person said

I need help with this question
Solve for the value of P: 2/3 P = 4 ​

Answers

P=6
Expiation:
Fractions are just division
So you will use pemdas
You will multiply 3 on both side, which cancels out the 3
4*3=12

Now you have 2p=12
Divide the 2 on both sides

12/2 = 6

Therefore, P=6

Answer:

thisis answer okkkkkkk

I have 20 lemons. I cut each of them into halves and then cut THOSE halves into some more halves. How many HALVES do I have in all?

Answers

Answer:

80

Step-by-step explanation:

If you have 20 lemons then you half them, you can 40 halves, then after you half those haves you get 80.

The lemons are cut to get the total pieces of 80.

What is fraction?

An element of a whole is a fraction. The number is represented as a quotient in mathematics, where the numerator and denominator are divided.

Calculation for the fraction of the lemons cut:

Let 'x' the total number of lemons.

x = 20

As, the all lemons are cut in halves.

So, the quantity of the lemons are multiplied by 2.

2x = 2×20 = 40

The new value of x becomes 40 now.

Now, again the lemons are cut into halves.

2×40 = 80

Therefore, the total number of lemons after cutting are 80.

To know more about, equality of numerator and denominator in fraction, here

https://brainly.com/question/569881

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The local Beep Boop store sells widgets and gizmos. If you subtract the cost of 3 gizmos from 7 widgets you would spend 28 Boop Bucks. Also, you would spend 16 Boop Bucks if you bought 4 widgets and 2 gizmos. Which of the two items, widgets or gizmos, does the Beep Boop store give away for free? How do you know? How much does the other item cost?

Answers

Answer:

$7

Step-by-step explanation:

The total cost for a month at a fitness club is made up of a fixed fee and a cost per visit. Information about the total cost, C, in dollars, for n visits is shown below Determine a possible fixed fee, cost per visit and equation for the new total cost.

Answers

Answer:

C = n + 25

Step-by-step explanation:

The total amount of money is C, so the equation has to equal C. n is the cost per visit and then you add the fixed fee in which I chose 25

a-15=4a-3
if u dont want spam then dont answer

Answers

Step-by-step explanation:

Simplify the equation to find the value of a.

Subtract 4a from both sides:

[tex] - 3a - 15 = - 3[/tex]

Add 15 to both sides:

[tex] - 3a = 12[/tex]

Divide each side by -3:

[tex]a = - 4[/tex]

Hollis goes outside at 2:00. He spends 48 minutes riding his bike and playing with his dog. What time is it now? Write the time in two ways.

Answers

Answer:

2:48

Step-by-step explanation:

48 minutes passed and he went outside at 2:00 im not sure what they mean by write it in 2 ways though

NEED HELP ASAP Wayne bought some toy cars, c, and some baseball cards, b. Each toy car cost $3 and each baseball card cost $2. Which expression represents the total cost of Wayne's purchase?
A.
3 + b + 2 + c
B.
3b + 2c
C.
3 × 2 + b × c
D.
3c + 2b

Answers

Answer:

Hey mate.....

Step-by-step explanation:

This is ur answer.....

D. 3c + 2b

Hope it helps!

Mark me brainliest pls.....

Follow me!!! :)

danielle did not complete 15 of her 200 assignments last year. Kim said that is 0.075 of her assignments and Kelly said it is 0.75 of her assignments. Who is correct and how do you know?

Answers

Answer:

Kim

is correct

Step-by-step explanation:

Here, we want to know who is correct between Kim and Danielle

From the question, what is not completed is 15 out of 200

To find what is not completed, we divide 15 by 200

Thus, we have;

15/200 = 0.075

This mean Kim is correct

HELPPPP PLSSSSS!!! ILL GIVE BRAINLIEST IF ITS RIGHT

Answers

Answer:

752÷2= 376

52÷2÷ 26

376- 26= 350 adult tickets

376+26= 402 student tickets

PLEESE HELP
If someone who is 5 feet tall uses a potato gun to shoot a potato in the air at 100 feet per second, we can use the function ℎ()=−162+100+5 to calculate how far the potato will be from the ground at any given second (t).



What is the value of h(1)?

Answers

Answer:

267

Step-by-step explanation:

If you were to make $9.00 per hour and worked 36 hours over the past
two weeks

Answers

Answer:  I think its 324

Step-by-step explanation: $9.00 X 36 = 324

how to write an essay about citisenship

Answers

Essay Definition of Citizenship:

In the literal sense a person who lives in a city is said to be a citizen. But in political science we use this terminal different sense. To find the real meaning of the term we are to go back to ancient Greece. Aristotle, the father of political science, called a person a citizen who would take a direct and active part in the administration of the state.

Since the states in ancient Greece were as small as the cities of Greece it was possible for the residents of the city-state to make law, to adjudicate and even enforce the law. These citizens did not include the slaves, women and manual workers. In such a case the number of the citizens was just half of the entire population. The position was not very different in the medieval Europe. There were serfs in the place of the slaves.

The position is quite different in modern nation-states, where all adult people are citizens who need not take an active part in the administration of the country, because it is not possible for the entire population of a vast country to meet together and make law and interpret it or enforce it.

please help! will give the crown to whoever helps

Answers

DEF is congruent to D’E’F’ because DEF is the same shape and size as D’E’F’

Solve the square rove equation. 5-2Vx=11
(V=square root)

A.X=9,X=3
B.X=3
C.X=4
D.no solution

Answers

Plug the equation into Photomath it’ll tell you

PLEASE HELP ASAP PLEASE​

Answers

Answer:

288 cm^3

Step-by-step explanation:

HELP I NEED HELP ASAP HELP I NEED HELP ASAP HELP I NEED HELP ASAP HELP I NEED HELP ASAP
HELP I NEED HELP ASAP HELP I NEED HELP ASAP HELP I NEED HELP ASAP HELP I NEED HELP ASAP

Answers

C. The initial amount of money in the account

Answer:

C

Step-by-step explanation:

250 represent the amount of money that they started off with

1.05 represent how much the money in the account is increasing by

and x represent the amount of months that have passed

everyday marco puts $0.25 into a jar for savings. one day he counted his money and found he had $91.75. how many days had he been saving?

Answers

Answer:

Marco had been saving for 367 days.

Step-by-step explanation:

If Marco started with no money and put $0.25 into a jar a day, then you just have to divide the total amount of money he has by 0.25.

91.75/.25 = 367

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