Two customers took out car loans from a bank.
Marcus took out a 5-year loan for $10,000 and paid 4.7% annual simple interest.
Gianna took out a 6-year loan for $10,000 and paid 4.5% annual simple interest.
What is the difference between the amounts of interest Marcus and Gianna paid for their car loans?
Enter your answer in the box.

Answers

Answer 1

The difference between the amounts of interest Marcus and Gianna paid for their car loan should be $350.

Calculation of the difference;

For Marcus, the interest be like

= ($10,000) (4.7%) (5)

= $2,700

And, for gianna, the interest be like

= ($10,000) (4.5%) (6)

= $2,350

So, the difference is

= $2,700 - $2,350

= $350

hence, The difference between the amounts of interest Marcus and Gianna paid for their car loan should be $350.

Learn more about interest here: https://brainly.com/question/21508109

Answer 2

Answer:

$350

Step-by-step explanation:

Simple interest formula

[tex]\Large\boxed{\sf I=Prt}[/tex]

where:

I = total interest accruedP = principalr = interest rate (in decimal form)t = time (in years)

Marcus

Given:

P = $10,000r = 4.7% = 0.047t = 5 years

⇒ Interest = 10000 × 0.047 × 5

⇒ Interest  = $2,350

Gianna

Given:

P = $10,000r = 4.5% = 0.045t = 6 years

⇒ Interest  = 10000 × 0.045 × 6

⇒ Interest  = $2,700

Difference

Difference = Gianna's interest - Marcus' interest

                  = $2,700 - $2,350

                  = $350


Related Questions


What number is 1.5% of 10.89?

Answers

What is 15 percent (calculated percentage %) of number 10.89? Answer: 1.6335.

Please answer can give brainliest

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Answer:

12 by 20 is correct ( option a)

The circumference of a circle is 87 cm. What is the DIAMETER of the circle?

A) 2 cm

B) 4 cm

C) 6 cm

D) 8 cm​

Answers

Answer:

27.70

Step-by-step explanation:

you have to do 87 divided by the pi you only have to do 3.14 as the pi.

I need help some plz answer give out point!

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Answer:

Kiwis because there are 12 and cost less then nectarienes

Step-by-step explanation:

hope this helps pls give me brainliest

el Mosaico Coffee & Garden gives a $10 gift card to spend if customers can guess the sequence of the day. Janeth arrives on a Wednesday and is given with the following sequence when she arrives to the counter: {13,4,-5,-14,-23,-32} She identified as [Drop Down 1] and the recursive rule for as [Drop Down 2].

Answers

Answer: Drop down 1: 13

Drop down 2: a_n-1_-9

Step-by-step explanation:

CLASS PROJECT An economics class formed a company to sell school supplies. They would like to sell at least 20 notebooks and 50 pens per week, with a goal of earning at least $60 per week. a. Define the variables, and write a system of inequalities to represent this situation. b. Graph the system. c. Name one possible solution.​

Answers

Answer:

60≥20x+50y

Step-by-step explanation:

Let x = notebooks and y = pens (all per week)

One solution would be x ≥ 1 and y ≥ 1 as at least one per each item per week

The mass of a basket containing 3 balls was 3.64 kilograms. The mass of the same basket and 5 balls is 5.26 kilograms. Find the mass of the empty basket in kilograms. ​

Answers

Answer:

1.21 kilograms

Step-by-step explanation:

Let y represent the mass of the empty basket, and x represent the mass of each ball

Create a system of equations:

3x + y = 3.64

5x + y = 5.26

Solve by elimination by multiplying the top equation by -1

-3x - y = -3.64

5x + y = 5.26

Add them together, then solve for x:

2x = 1.62

x = 0.81

Plug this back into one of the equations and solve for y:

3x + y = 3.64

3(0.81) + y = 3.64

2.43 + y = 3.64

y = 1.21

So, the mass of the empty basket is 1.21 kilograms

Answer:

1.21 kilograms

Step-by-step explanation:

Hope this helps

Find the Area of the Shaded Region.
Round to the nearest tenth if necessary.
14 cm
25 cm
11 cm

Answers

14 cm is the awnser for this problem

1
Line A passes through the point (-2,-8) and has a slope of 2.
Line B passes through the point (5,6) and has a slope of 2.

Answers

Answer:

y=2(5 or x) +6 should be it

Step-by-step explanation:

Which expression is equivalent to 5 - 8?
O -5 +8
O 5+ (-8)
0 5 + 8
O 8 + (-5)

Answers

Answer:

is "5+(-8)"

Step-by-step explanation:

5 - 8 = -3

5 + (-8)

5-8 = -3

Answer:

B

Step-by-step explanation:

In the diagram below of circle 0, GO = 8 and
mZGOJ= 60°.
G
8
60°
What is the area, in terms of A, of the shaded
region?

Answers

Answer:

[tex] \frac{80\pi} [/tex]

Step-by-step explanation:

Area of shaded region = θ/360 × πr²

Where,

θ = 360 - 60 = 300°

r = 8

Plug in the values

[tex] area = \frac{300}{360} * \pi * 8² [/tex]

[tex] = \frac{5}{6} * \pi * 64 [/tex]

[tex] = \frac{5*\pi*64}{6} [/tex]

[tex] = \frac{5*\pi*16} [/tex]

[tex] = \frac{80\pi} [/tex]

Write a general formula to describe the variation:
x varies inversely with the square root of y; x = 6 when y = 64.

Answers

Answer:

the last one

Step-by-step explanation:

What is the equation of the inverse y = x^2 + 4?

Answers

The correct answer is b

Type the missing number in this sequence: –2, –4, –8, , –32, –64 Questions

Answers

Answer:

-16

Step-by-step explanation:

The sequence pattern is ×2

-4 × 2 is -8

-8 × 2 is -16

-16 × 2 is -32

Answer:

-16

Step-by-step explanation:

-2

-2(2) = -4

-4(2) = -8

-8(2) = -16

-16(2) = -32

-32(2) = -64

The two dot plots represent a sample of the number of people in households in two towns. Which statements are true about the data sets?
Check all that apply.
Both have the same number of data points.
Both means are between 3 and 4.
Both have the same median.
Both have the same range.
Westwood has less variability than Middleton.

Answers

Answer:

both have the same amount of dots I know that.

Step-by-step explanation:

also, I love the profile picture:)

Answer: 1, 2, and 5

Step-by-step explanation:

I did it myself

help pls!! ....................................................

Answers

Answer:

(a) The width is 40 inches

(b) It will not

Step-by-step explanation:

Given

[tex]D = 50[/tex] -- Diagonal

Solving (a): H = 30 --- (height).

Find the width (W)

To do this, we make use of Pythagoras theorem

[tex]D^2 = H^2 + W^2[/tex]

This gives:

[tex]50^2 = 30^2 + W^2[/tex]

[tex]2500 = 900 + W^2[/tex]

Collect Like Terms

[tex]W^2 = 2500 - 900[/tex]

[tex]W^2 = 1600[/tex]

Take square roots

[tex]W = 40[/tex]

Solving (b): Will it fit into a 30 in wide cabinet?

In (a) above, we calculated the width of the TV to be 40 inches

This implies that, the width is greater than the width of the cabinet.

So, it will not fit in

Jacob buys a watch costing £84

This cost includes VAT at a rate of 20%.

How much is the watch without VAT?

Answers

So beacause the VAT costsnyou need to move the variable to the left then consider and then thr rate will turn to 0%

I'm lost on this please help

Answers

Answer:

y = x - 4

I hope this helps!

Helpppppppppppppppppppppp Me pick two

Answers

Answer:

options C and E

Step-by-step explanation:

[tex]y=\frac{1}{3} x+\frac{8}{3} \\\\y=\frac{1}{3} x+6[/tex]

have a nice day!!

5th grade only what is the quotation of these

Answers

196, 4, 21, 35, 4, 35, 21, 196 (if I’m right)

The average value of a function f over the interval [−2,3] is −6 , and the average value of f over the interval [3,5] is 20. What is the average value of f over the interval [−2,5] ?

Answers

Answer:

The average value of [tex]f[/tex] over the interval [tex][-2,5][/tex] is [tex]\frac{10}{7}[/tex].

Step-by-step explanation:

Let suppose that function [tex]f[/tex] is continuous and integrable in the given intervals, by integral definition of average we have that:

[tex]\frac{1}{3-(-2)} \int\limits^{3}_{-2} {f(x)} \, dx = -6[/tex] (1)

[tex]\frac{1}{5-3} \int\limits^{5}_{3} {f(x)} \, dx = 20[/tex] (2)

By Fundamental Theorems of Calculus we expand both expressions:

[tex]\frac{F(3)-F(-2)}{3-(-2)} = -6[/tex]

[tex]F(3) - F(-2) = -30[/tex] (1b)

[tex]\frac{F(5)-F(3)}{5-3} = 20[/tex]

[tex]F(5) - F(3) = 40[/tex] (2b)

We obtain the average value of [tex]f[/tex] over the interval [tex][-2, 5][/tex] by algebraic handling:

[tex]F(5) - F(3) +[F(3)-F(-2)] = 40 + (-30)[/tex]

[tex]F(5) - F(-2) = 10[/tex]

[tex]\frac{F(5)-F(-2)}{5-(-2)} = \frac{10}{5-(-2)}[/tex]

[tex]\bar f = \frac{10}{7}[/tex]

The average value of [tex]f[/tex] over the interval [tex][-2,5][/tex] is [tex]\frac{10}{7}[/tex].

help me plz ill give extra points

Answers

Answer:

it will turn off

Step-by-step explanation:

when it is disconceted it will cause it to shut off

hope this helps ||

                         v

Answer: Then the light bulb will not turn on or light up or work because the wire is disconnected and plus the switch is off

Step-by-step explanation:

Please mark me as brainliest

An 8 kg box is at rest and is pushed for 10 m with a 60 N force. If it's accelerated to 10 m/s, calculate the efficiency of the force.

Answers

Answer:

  2/3

Step-by-step explanation:

The work done on the box is ...

  Fd = (60 N)(10 m) = 600 N·m = 600 J

The amount of energy the box has as a result is ...

  KE = 1/2mv² = (1/2)(8 kg)(10 m/s)² = 400 kg·m²/s² = 400 J

The ratio of box energy to energy input is ...

  η = (400 J)/(600 J) = 2/3 . . . ≈ 66.7%

WILL GIVE BRAINLIEST, PLS HELP

A coin is tossed and a number cube is rolled at the same time. What is the probability that the coin will land on tales and the number cube will land on four?

A:) 1/12
B.) 1/6
C.) 1/4
D.) 5/12

Answers

Answer:

A: [tex]\frac{1}{12}[/tex]

Step-by-step explanation:

Chance of tales: [tex]\frac{1}{2}[/tex]

Chance of four: [tex]\frac{1}{6}[/tex]

Multiply: ([tex]\frac{1}{2}[/tex])([tex]\frac{1}{6}[/tex]) = [tex]\frac{1}{12}[/tex]

1448×17 in vertical order​

Answers

Hold on I’m gonna do it

The diagram shows the ratio of trees Maeve plants to the trees she harvests.
Thank u

Answers

Answer:

Wednesday is 45 to 18.

Thursday is 55 to 22

Step-by-step explanation:

Wednesday: The original ratio was 5 to 2 And the info tells us that the new ratio is ? to 18. To find the first part we have to find how we got from 2 to 18. 2 * 9 = 18. So to find out the first part you do 5 * 9 = 45. We multiply 5 because Thats the original 1st part. We multiply 9 because that's how we got to 18 in the 2nd part. So the answer is 45 for Wednesday.

Thursday: The original ratio was 5 to 2 And the info tells us that the new ratio is 55 to ?. To find the first part we have to find how we got from 5 to 55. 5 * 11 = 55. So to find out the 2nd part you do 2 * 11 = 55. We multiply 2 because That's the original 2nd part. We multiply 11 because that's how we got to 55 in the 1st part. So the answer is 22 for Thursday.

Answer:

The answer is 45 to 18 and 55 to 22 hope this helps

Step-by-step explanation:

ANSWER ASAP The questions on a multiple-choice test each have 5 answer choices.
Which of the following models could you use to simulate the
outcome of guessing the correct answer?
F. spinning a spinner with five equal sections
G. flipping a coin five times
H. spinning a spinner with four equal sections
I. rolling a number cube labeled one through six five times

Answers

Answer:

F, spinning a spinner with five equal sections

Step-by-step explanation:

The probability of something is (the ways to acheive the wanted outcome / all possible situations)

For example, the probability of getting heads on a coin flip is (1 possible way to get heads / 2 possible outcomes) = 1/2, or 50/50

Now, onto the problem.

There is only one way to get the answer right, and 5 possible situations. So, the probability of getting the question right would be 1/5.

F) Spinning a spinner with five parts means that you have: 1 way to get the right section, and 5 possible outcomes. So, the probability of getting the right section would be 1/5. So, this answer is correct.

G) Flipping a coin five times: Each time, you have a 1/2 chance of the coin landing on the desired side. So, this would not be an accurate comparison.

H) Spinning a spinner with four equal sections: There is one way to land on the desired section, and 4 possible outcomes. So, the probability of this simulation is 1/4, so this answer is incorrect.

I) Rolling a number cube labeled one through six times: Each time, there is one way to land on the number you want, while there are six possible outcomes. So, the probability of getting your desired number is 1/6, which is incorrect.

I hope this helps! Feel free to ask any questions!

HELP PLEASE TY IN ADVANCE ♥
12, 20, 28, ...
Find the 35th term.

Answers

Answer:

i think 36is the right answer

A coin is flipped 20 times. The results are 12 heads and 8 tails. Determine the theoretical probability of getting heads.

60%
40%
20%
50%

Answers

Answer: I should be 60%

Step-by-step explanation:

20 * 5 = 100 so we multiply the number of times you got heads by 5. 12 * 5 = 60.

Answer:

it will be 60%

because i got it right

Here's a graph of a linear function. Write the equation that describes that function. 8 Express it in slope intercept form. Enter the correct answer. ​

Answers

Answer:

f(x) = [tex]\frac{1}{2}x+4[/tex]

Step-by-step explanation:

Let the equation of the function is,

f(x) = mx + b

Here, m = slope of the line

b = y-intercept

From the graph attached,

y-intercept 'b' = 4

Slope = [tex]\frac{\text{Rise}}{\text{Run}}[/tex]

          = [tex]\frac{4}{8}[/tex]

          = [tex]\frac{1}{2}[/tex]

Therefore, equation of the function representing the graph will be,

f(x) = [tex]\frac{1}{2}x+4[/tex]

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