Mathematics College

Mike has a loan of $36,320. This loan has a simple interest rate of 6% per year. What is the
amount of interest that will be charged on this loan at the end of the first year?

Answers

Answer 1

Answer:

$2,179.2

Step-by-step explanation:

Given;

Loan = $36,320 (Principal)

Rate R = 6% = 0.06

Time T = 1year

Required

Interest that will be charged on this loan at the end of the first year

Using the formula for calculating simple interest as;

SI = PRT/100

SI = 36,320 * 6 * 1/100

SI = 0.06 * 36,320

SI = $2,179.2

Hence the amount of interest that will be charged on this loan at the end of the first year is  $2,179.2

Related Questions

There are 1,496 souvenir paperweights that need to be packed in boxes. Each box will hold 16 paperweights. How many boxes will be needed?

Answers

Answer:

Step-by-step explanation:

what you need to do is 1496 divided by 16 because you have 1496 and 16 go into each box so u divide

It said that it was wrong.

Answers

answer: what was wrong?
what was wrong? does this have a picture or what,?

Angelique makes 547 4 7 quarts of chili. She and her family eat 214 1 4 quarts. Use estimation to complete the statements below about Angelique's chili.

Answers

The answer is 182737473828

10 less than the product
Of 7 and a number is 25

Answers

Answer:

165

Step-by-step explanation:

7*25-10

175-10

165

A parking lot has the shape of s rectangle . A scale drawing for the parking lot measures 6 cm by 20 cm

Answers

joe mama and c00chi man
I believe you just have to multiply the 6 by 20 = 120

3/5x - 2/3y = 5 in standard form

Answers

Answer:

9x - 10y =75

Step-by-step explanation:

y = 9/10x - 15/2y

that should be standard form

What percent of 350 is 7?

Answers

Answer:

2

Step-by-step explanation: Percentage Calculator: 7 is what percent of 350? = 2.

2/3 divided by 1 1/3

Answers

Answer:

2/11

Step-by-step explanation:

2/3 divided by 11/3 gives you an answer of 2/11

PLEASE HELP ME!!!

A particle, initially 15m from the origin and travelling at –2 ms^-1, accelerates at a constant rate and ends up –20 m from the origin and travelling at –5 ms^-1. What
is its acceleration?

Answers

is: v² = v₀² + 2ax.

Solve for a: a = (v² - v₀²)/(2x).
You are given v₀ and v, and x is easy to calculate since you are given its initial and final values. The rest is just arithmetic.

Please help me what is this answer ad the work thanks

Answers

-5t^2/121

I need 20 characters so ya

Answer:

-9/22t

Step-by-step explanation:

since the denominators (22) and the variable are the same, you can pretend as if you are only solving -4 - 5

-4 minus 5 is making the number go farther left from the zero on the number line

so the number itself is getting bigger, but the sign will stay negative

if you move five left from -4 on a number line you get -9

so now you can add the denominator to your answer: -9/22 t

A centroid of a triangle is always inside the triangle because the
passes through a vertex and the side opposite.
A. median
B. angle bisector
C. altitude
D. perpendicular bisector

Answers

The answer is B. Hope this helps!

if u = < 8,6> and v = (-8,-8>, what is u + v​

Answers

Answer:

(0,-2)

Step-by-step explanation:

[8+(-8)},[6+(-8)}

[8-8},[6-8}

0,2

Ramona completed all 30 questions on the test. If 5/6 of the questions were correct, how many questions
did Ramona answer incorrectly?

Help taking a test.!

Answers

Answer:

If Romona Complete all 30(Don't forget to group all 30) 5/6 were correct! then you will need to subtract 30-5/6= so that would be 29 1/6 Then if you need to find the amount that would be right take the Whole number! so take 30/50 and divide and you should get your answer!

Step-by-step explanation:

i hope this helps

LOOK AT THE PICTURE





THANK YOU

Answers

The answer is 4 1/3

What is the image of ( 3 , − 5 ) (3,−5) after a dilation by a scale factor of 5 5 centered at the origin?

Answers

Answer:

The coordinates of the image will be: (15, -25)

Step-by-step explanation:

Given the point

(3,−5)The scale factor 5.

A scale factor of 5 means that the new shape is five times the size of the original.

The coordinates of the image of (3,−5) after dilation by a scale factor of 5 centered at the origin can be obtained by multiplying the original coordinates of the object point by 5.

i.e.

(x, y) → (5x, 5y)

(3, -5) → (5×3, 5×(-5)) = (15, -25)

Therefore, the coordinates of the image will be: (15, -25)

Find the dimension of the shape (please help)

20 points

Answers

Answer:

S=14 in.

Step-by-step explanation:

All you need to do is square the area!

[tex]\sqrt{196}=14[/tex]

Use this formula for future questions

[tex]\sqrt{x} \\\\[/tex]

x being the area that was given.

I'm answering any 5th grade and below questions​

Answers

Answer:

In at least one hundred words, describe how what Markandaya reveals about Kenny helps to shape his character, and which themes in Nectar in a Sieve are developed with this information.

Step-by-step explanation:

b) What is the value of 3V125 ?

Answers

Answer: 5

Explanation:

Cube root (125) = Cube root(5^3) = 5

Answer: 5

Step-by-step explanation: 5 x 5 x 5 = 125 and since your finding the cubed root of 125, there are supposed to be 3 numbers you multiply that are the same. This is why the answer is 5. Plus, Roots are the inverse operation of exponents.

Algebra 2 (picture shown)

Answers

Answer:

M(13)=14.3 gram

Step-by-step explanation:

Exponential Decay Function

The exponential function is used to model natural decaying processes, where the change is proportional to the actual quantity.

An exponential decaying function is expressed as:

[tex]C(t)=C_o\cdot(1-r)^t[/tex]

Where:

C(t) is the actual value of the function at time t

Co is the initial value of C at t=0

r is the decaying rate, expressed in decimal

The element has an initial mass of Mo=970 grams, the decaying rate is r=27.7% = 0.277 per minute.

The equation of the model is:

[tex]M(t)=M_o\cdot(1-r)^t[/tex]

[tex]M(t)=970\cdot(1-0.277)^t[/tex]

Operating:

[tex]M(t)=970\cdot 0.723^t[/tex]

After t=13 minutes the remaining mass is:

[tex]M(13)=970\cdot 0.723^{13}[/tex]

Calculating:

M(13)=14.3 gram

Last month, Sheldon earned $12.80 in interest on a $320 deposit into his bank account. If the interest earned is directly proportional to the amount deposited, how much interest can Sheldon expect next month if he deposits $830?​

Answers

Answer:

[tex]x=\$ 32.20[/tex]

Step-by-step explanation:

[tex]\frac{12.80}{320}=\frac{x}{830} \therefore 320x=830\times12.80[/tex]

[tex]x=\$ 32.20[/tex]

Answer:

the answer is $487.20 if he expects to deposits $830

how many fifths are in 4 4/10​

Answers

Answer:

2 fifths

Step-by-step explanation:

hope this helps

Answer:

22

Step-by-step explanation:

4 4/10 = 44/10 = 22/5 = 4 2/5

4 2/5

What Is 1/4(m/3+2/5)?​

Answers

Answer:

m/12 + 1/10

Step-by-step explanation:

Answer:

m/12+1/10

Step-by-step explanation:

Please anyone help me

Answers

Answer:

-52

Step-by-step explanation:

plug 2 into u(x) which is equal to

2(5) + 1= 5

plug 5 into w(x) which is equal to

-2(5^2) - 2

-2(25) - 2

-50 - 2 = -52

Timmy flies out to Vail. After day one he has a bank account balance of -$2.50. If his debt
increases by $2.50 each day and he spends 5 days out in Vail what is his bank account
balance?

Answers

Answer:

$-12.50

Step-by-step explanation:

Take -2.50 and multiply it by 5 to get the answer.

A local car dealer has 150 vehicles on the lot. 55% of the vehicles are trucks, 15% are minivans, and the rest of the cars are sedans. How many of the cars are sedans?

Answers

Answer:

45 Cars

Step-by-step explanation:

55% + 15% = 70% which means 30% are Sedans.

30%= .3

.3 x 150 cars = 45 Cars

What is the quotient of 6/7 and 3/14

Answers

Answer:

6/7 divided by 3/14=4

Step-by-step explanation:

Hope this helps!

Answer: 4

Step-by-step explanation: To divide fractions, you have to switch the operation to multiplication, and multiply the first fraction by the reciprocal of the second fraction. So 6/7 times 14/3. Cross cancel out, so 14 and 7. 7 cancels out to be 1, 14 cancels out to be two. 6 and 3, are the same thing. So in the end you have 2/1 times 2/1 which is 4.

Katherine and Adam need a rug for their living room. They have purchased a rectangular rug that has a width of 5��2+ 3�� ft. and a length of 4 ��2+ 2 ft

In the space below, draw a sketch of the rug.  



What is the perimeter of the rug?

Their friend, Lewis, has written the expression shown in the box  below to represent the perimeter of the rug. 
9��2+ 5��2

Is Lewis correct or incorrect?

Lewis also predicts that an expression representing the area of the  rug will be a binomial.

Is Lewis correct or incorrect?
​

Answers

Answer; put the question again l cant see it

Step-by-step explanation:

PLEASE HELP ME! THANK YOU!

Answers

Answer:

i suppose it is on the 1, so it is (-1, inf) (-inf, 1)

A saleswoman is paid $10 per hour and $6 for each sale she makes. She wants to earn
more than $150 in an 8-hour work period.

What inequality that represents the number of sales, x, the saleswoman must make in an 8-hour
period to earn more than $150.
O A 80 + 62 > 150
OB. 80 + 62 > 150
o C 80+ 6 > 150
D. 802 + 6 > 150
Activity 2 of 2
What is the least number of sales she must make to reach her sales goal? Show your work or
explain your answer.

Answers

Answer: It's, 80+6>150

Step-by-step explanation:

Answer:

80+6x>150

The least amount of sales are 12

Step-by-step explanation:

someone help geometry ​

Answers

Dennis is correct because they are similar and triangle DEF has a dilation of 1/2
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