Find the total amount due on a simple-interest loan if the principal is $5,000 with a rate of 4% for 12 years

Answers

Answer 1

Answer:

$7400

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 4%/100 = 0.04 per year,

then, solving our equation

I = 5000 × 0.04 × 12 = 2400

I = $ 2,400.00

The simple interest accumulated

on a principal of $ 5,000.00

at a rate of 4% per year

for 12 years is $ 2,400.00.

Answer 2

The total amount due on a simple-interest loan if the principal is $5,000 with a rate of 4% for 12 years is $2400 and this can be determined by using the simple interest formula.

Given :

The total amount due on a simple-interest loan if the principal is $5,000 with a rate of 4% for 12 years.

The total amount due on a simple interest loan can be determined by using the simple interest formula which is given by the equation:

[tex]\rm I = PRT[/tex]

Given that time, T = 12 years

Rate, R = 4% = 0.04

Principal amount, P = $5000

Now, put the value of P, R, and T in the equation (1).

[tex]\rm I = 5000\times 0.04 \times 12[/tex]

I = $2400

The total amount due on a simple-interest loan if the principal is $5,000 with a rate of 4% for 12 years is $2400.

For more information, refer to the link given below:

https://brainly.com/question/13381098


Related Questions

Carmella simplified the following rational expression. (2x ^ 2 + 7x + 3)/(4x + 12) = ((2x + 1)(x + 3))/(4(x + 3)) = ((2x + 1)(x + 3))/(4(x + 3)) = (2x + 1)/4 After simplifying the expression , she stated that there are no restrictions on x since the denominator of her answer is a constant and cannot possibly equal Did Carmella make any mistakes in her problem ? If explain and correct her mistake ( s ) .

Answers

Answer: No, she is right

Step-by-step explanation:

[tex]\frac{2x^2+7x+3}{4x+12}[/tex]

Factor the trinomial, what two numbers multiply to equal 6 but add to equal 7. That is 6 and 1.

[tex]\frac{2x(x+3)+(x+3)}{4(x+3)}[/tex]

The (x+3) will cancel

[tex]\frac{2x+1}{4}[/tex]

Write the equation of a line that is parallel to the line y=4x+2 and passes through the point (4,1)

Answers

Answer:

y = 4x-13

Step-by-step explanation:

The standard equation of the line is y = mx+c

m is the slope

c is the intercept

Given the equation y = 4x+2

The slope m = 4

Substitute m = 4  and the given point into the formula y = mx+c

1 = 4(4)+c

1 = 14+c

c = -13

Get the equation

Recall that y = mx+c

y = 4x + (-13)

y = 4x-13

Hence the required equation is y = 4x-13

Juliette made cookies for a bake sale and wants to package the same number of cookies together. If she makes 16 chocolate chip cookies, 32 mint cookies, and 24 gingerbread cookies, what is the most number of each type of cookie that will be in the bag?

Answers

Answer:

8 cookies

Step-by-step explanation:

We are asked in the above question to find the most number of cookies that would be in the bag.

We solve the above question using the Greatest Common Factor method

We find the factors of 16, 24, 32

The factors of 16 are: 1, 2, 4, 8, 16

The factors of 24 are: 1, 2, 3, 4, 6, 8, 12, 24

The factors of 32 are: 1, 2, 4, 8, 16, 32

Then the greatest common factor is 8.

Therefore, the most number of each type of cookie that will be in the bag is 8 cookies

Will give, Branliest.​

Answers

Answer:

24

Step-by-step explanation:

x * 5 - 17 = 103

x * 5 = 120

x = 24

Answer:

s=24

103+17=120

120÷5=24

making the answer 24

Please mark brainliest

5. Which of the following books in question #4
best represents an "outlier
A Book 7
B. Book 3
C. Book 8
D. There were no outliers in the scatter plot.

Answers

Answer:

c

Step-by-step explanation:

Answer:it’s A

Step-by-step explanation:

y=x-2
make x the subject

Answers

Answer:

x + 2 = y

Step-by-step explanation:

y = x - 2

x = y - 2

x + 2 = y

Answer:

x=y-2

Step-by-step explanation:

x equals y -2 that is the answer to this equation

Mr. Dalton only buys two brands of snack bars for his kids: Grateful Grain and Granola Delight. Last week at the store, he bought fewer Grateful Grain bars than Granola Delight bars, but he paid the same amount for both. If he decides to buy the same number of each brand this week, which brand will he spend more money on?

A)gratefull grain
B)granola delight
btw this is Compare rates: word problems
plz answere

Answers

Grateful grain would be reasonable

What is 4xy-3xz+y-2x-5=

Answers

Answer:

xz+y-2x-5

Step-by-step equation

You can only combine like terms

PLEASE HELP ME LAST QUESTION PLS

What kind of sequence is this?

–136, –153, –170, –187, ...

A) Arithmetic

B) Geometric

C) Both

D) Neither

If I get this wrong I'm doomed

Answers

It’s A) Arithmetic :)
A. Arithmetic

CORRECT IF WRONG!!

PLS TELL ME WHAT THE LETTERS ARE FOR BRAINYLEST AWNSER

Answers

Answer:

#1 : x= -16.5

#2 : x= 3.6

#3 : x= -75

#4 : x= 10 1/3

Step-by-step explanation:

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

Hope it helps :)

Please mark me brainlist!

I need help with this please

Answers

Answer:

Car B is going faster

Step-by-step explanation:

Car B has a higher rate.(It goes 20 more miles per hour)

Help it’s timed tooo...

Answers

Answer:

3

Step-by-step explanation:

Same sides

It’s 3 all the sides are the same

in order to raise money for road repairs, the bridge tolls going to increase 130% next month. If the bridge is currently 2.50 how much will the toll increase?

Answers

Answer:

$5.75

Step-by-step explanation:

I hope you get it right!

How many solutions does the equations 2m + 4 (m-3) = 7m - 4 have?

Answers

Answer:

One solution

Step-by-step explanation:

since the graph formed by them has interesting lines, it will just have one solution

show step by step......​

Answers

Answer:

Step-by-step explanation:

Amount paid for first 100 watches = (65% of 80) *100

                                                        [tex]=\frac{65}{100}*80*100\\\\= 65*80\\= 5200[/tex]

Amount paid for next 50 watches = (55% of 80) * 50

                                                        [tex]= \frac{55}{100}*80*50\\\\= 55 * 8 * 5\\\\= 2200[/tex]

Remaining watches = 280 -(100+ 55)

                                 = 280 - 155 = 125

Amount paid for 125 watches = (45% of 80) *125

                                                  [tex]= \frac{45}{100}*80*125\\\\= 45 * 20 * 5\\\\= 4500[/tex]

Amount received by the watch maker = 5200 + 2200 + 4500

                                                               = £ 11900

evaluate this expression -2.8 + -2.5

Answers

Answer:

-5.3

Step-by-step explanation:

-2.8+(-2.5)=-2.8-2.5=-5.3

Answer:

-5.3

Step-by-step explanation:

What conclusion can you make from the information below?
Three boys (Dmitri, Ken, and Adam) have three different favorite colors (red,green, and blue)
• Dmitri does not like red
• Adam does not like red.

A. Dmitri's favorite color is blue.
B. No one likes green
C. Ken's, favorite color is red
D. Ken's favorite color is not red.​

Answers

C. Kens favorite color is red
Answer: C. Ken's favorite color is red

========================================================

Explanation:

We're told that Dmitri and Adam do not like red. So that must mean that Ken likes red. This immediately leads to choice C as the answer. This is assuming that each boy picks one of the three colors (and no colors can be repeated).

----------------

Extra info:

Choice A is false because we're not sure if Dmitri likes blue or green. We don't have enough info. Choice B is false because someone has to pick green. There are three boys and three colors. Again I'm assuming each person picks one color and the colors aren't repeated.Choice D is false because it contradicts choice C.

Please help!!! I’m stuck

Answers

Answer:

20/29

Step-by-step explanation:

Since 20inches is the opposite side size to the angle. Opposite = 20.

[tex] \cos( \alpha ) = \frac{adj}{hyp} [/tex]

Note: Hypothenus is the longest side of a right angle triangle which is 29inches.

Thus,

[tex] \cos( \alpha ) = \frac{20}{29} [/tex]

What is equivalent to 7x(4x-5)

Answers

7x(4x-5)

Distribute

28x^2-35x

Ans : 28x^2-35x

Answer:

28x - 5

Step-by-step explanation:

coeffecients with the same variable can be multiplied added subtracted divided so i multiplied 7 and 4 because they have the same variable which is X so it would be 28x and you can't multiply 7x by 5 because it doesnt have a variable consider multiplying if it has the same variable when it has a variable. so it would just be 28x - 5

Find the difference:

Plz help giving brainly and thanks!

Answers

Answer: 9/20

Step-by-step explanation:

[tex]2 \frac{1}{4}=2.25\\\\1 \frac{4}{5}=1.8\\\\2.25-1.8=0.45=\frac{9}{20}[/tex]

whats 3472532*67 then divided by 3? Thank you! -Ibuki

Answers

Answer:

77,553,214.66666667

Step-by-step explanation:

calculater

Answer:

77553214 2/3

Step-by-step explanation:

i squeezed out the baby yet i have no idea who the father is

Given that is the midpoint of AB and E is the midpoint of AC, AD =32cm, AE=19cm, and DE=39cm, determine the perimeter of DBCE

Answers

Answer:

since triangle AED similar to ACB

CE=19cm mid point bisect it

BD=32Cm mid point bisect it

Step-by-step explanation:

BC=2DE=2×39=78Cm

perimeter=sum of all side=ce+de+bd+bc=19+39+32+78=168cmtherefore perimeter of DBCE=168Cm

Under her cell phone plan, Sofia pays a flat cost of $58.50 per month and $4 per gigabyte. She wants to keep her bill at $76.50 per month. Write and solve an equation that can be used to determine gg, the number of gigabytes of data Sofia can use while staying within her budget.

Answers

Answer:

To stay within budget, she must use 4.5 gigabytes.

Step-by-step explanation:

Giving the following information:

Under her cell phone plan, Sofia pays a flat cost of $58.50 per month and $4 per gigabyte. She wants to keep her bill at $76.50 per month.

First, we need to establish the total cost formula:

Total cost= 58.5 + 4*x

x= number of gigabytes

Now, we isolate x:

76.5= 58.5 + 4x

18/4= x

4.5= x

To stay within budget, she must use 4.5 gigabytes.

There are 45 students who participate in track. Of these, 18 do an event other than running. What percent of the students do an event other than running?

Answers

Answer:

27

Step-by-step explanation:

To find out how many people do something OTHER than running, you have to take the total amount of students participating and subtract the number of runners. 45 - 18 = 27.

Answer:

40%

Step-by-step explanation:

18÷45 = 0.4 × 100 = 40%

Math Help plz. I cant figure it out.

Answers

Answer:-1 1/3 because 5 1/3+-4 1/6 is like subtracting them as a positive and you get 1 1/6 then subtract 2 1/2 to get -1 1/3

Step-by-step explanation:

A hockey player uses her stick to hit a hockey puck. Which statement describes the energy transfer?

Answers

energy is transferred from the player to the puck because the stick has no kinetic energy without the player

A regular pentagon's sides each have a length of 7 cm and an apothem of 8 cm. What's the area of the pentagon? (giving brainliest!!)

150 cm²

146 cm²

127 cm²

140 cm²

Answers

Answer:

140 cm^2

Step-by-step explanation:

(5 apothems cut the pentagon into 5 rectangles 8 x 3.5)

3.5 x 8 x 5 = 140 cm^2

what value of x makes the equation 6x - 10 = -10 true

a -3 1/3
b 0
c 5
d 8 1/3

Answers

the value of x that makes the equation true is b(0)

Simplify a x b x 8 please?????

Answers

Answer:

8ab

Step-by-step explanation:

During a sale, a store offered a 15% discount on a TV that originally sold for $420. After the sale, the discounted price of the TV was marked up by 15%. To the nearest whole number, what percent of the original price was the price after markup?

Answers

Answer:

Step-by-step explanation:

Your answer

303.45 $

Mark it as Brainlist. Follow me for more answer.

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