zuma took a loan of 630 000 from the bank. he will repay the loan over 48 months at 9.5% per annum simple interest. how much interest will zuma pay on the loan​

Answers

Answer 1

Answer:

Interest amount = 239400

Step-by-step explanation:

Below is the calculation of interest amount:

Given the loan amount or present value = 630000

Time period  = 48 months or 4 years

Interest rate give = 9.5%

Total amount = P ( 1 + rt)

P = 630000

r = 9.5%

t = 4 years

Total amount = 630000 ( 1 + 9.5% x 4)

Total amount = 869,400

Interest amount = 869400 - 630000

Interest amount = 239400


Related Questions

Help!!! Whats x ive been struggling

Answers

Answer:

x = 2

Step-by-step explanation:

GIVEN :-

KJ = 3 unitsQR = 12 unitsJL = x unitsQS = x + 6 units

TO FIND :-

The value of x

SOLUTION :-

To find the value of x , lets assume that both the triangles are similar to each other. As they are similar , their sides are proportional to each other i.e. :-

[tex]\frac{KJ}{JL} = \frac{QR}{QS}[/tex]

[tex]=> \frac{3}{x} = \frac{12}{x + 6}[/tex]

Cross multiply the denominators.

[tex]=> 3(x + 6) = 12 \times x[/tex]

[tex]=> 3x + 18 = 12x[/tex]

Substract both the sides from 3.

[tex]=> 12x - 3x = 3x + 18 - 3x[/tex]

[tex]=> 9x = 18[/tex]

Divide both the sides by 9

[tex]=> \frac{9x}{9} = \frac{18}{9}[/tex]

[tex]=> x = 2[/tex]

What is the length of the missing leg?

Answers

Answer:

Hello! answer: 6

Step-by-step explanation:

8 × 8 = 64

6 × 6 = 36

64 + 36 = 100

√100 = 10 so therefore a = 6 Hope that helps!


A Mall has 21 shops: 9 are pens, 7 are shoes, and 5 are watch shops. What
is the probability that we will go shopping in pens or shoes shop?

Answers

Answer:

16/21

Step-by-step explanation:

9+7 / 21

16/21

Answer:

16/21

Step-by-step explanation:

The demoninator is 21

There are 9 pens and 7 shoes.

9+7=16

16/21

You can not simplify 16/21, so that is your final answer.

Harry solved a quadratic equation. His work is shown below.
In which step did Harry make an error?
(x - 5)² + 6 = 42
(x - 5)^2 = 36 Step 1
x- 5 = 6 step 2
x = 11 Step 3
Choose 1 answer:
Step 1
Step 2
Step 3

Answers

Answer:

x = 11 or x = -1

Step-by-step explanation:

(x-5)^2 = 36

(x-5) = 6 or (x-5)= -6

then x = 11 or x = -1

Answer:

Step 2

Step-by-step explanation:

i need to gina the length of the side

Answers

Answer:

15

Step-by-step explanation:

9 squared + 12 squared = x squared

81 + 144 = x

81 + 144 = 225

the sqaure root of 225 = 15

help fr now i am in danger x_x

Answers

Answer:

B, it's a reflection over the y-axis

Step-by-step explanation:

Answer:

B

Step-by-step explanation:

It's B because all your doing is flipping the image over the y-axis

What is the value of the expression 6x - y when x = 3 and y = 1? (5 points)
012
8
O 3
d
17

Answers

Answer:

the answer is 17

Step-by-step explanation:

6×3-1

= 17

please help :),))))

Answers

Answer:

option 1

Step-by-step explanation:

The rate of increasing is the fastest in exponential functions.

Then comes powers and last logarithmic functions.

The order it increases at the fastest rate.

[tex]log < powers < exponential[/tex]

I need help with this one thank you.

I need help. I don’t understand this problem.
A. Length in the side adjacent to B. Length in the side opposite to C. cos( D. JL/KL

Answers

Answer: one, sorry wrong person

Step-by-step explanation:

An ice-cream store sold 70 sundaes. The ratio of
strawberry to chocolate sundaes was 3:4. How
many strawberry sundacs did they sell

Answers

Answer:

30 strawberry sundaes.

Step-by-step explanation:

We know there is a total of 70 sundaes.

3 sundaes will be strawberry.

4 sundaes will be choclate.

When you add 3 and 4 together, you get 7. This is your total ratio.

So 3/7 of the sundaes are strawberry.

And 4/7 of sundaes are choclate.

We know there is a total of 70 sundaes.

The total ratio we figured out is 7.

If the total sundaes is 70, and the total ration is 7. Then the total sundaes is 10 times bigger than the ratio.

This means we need to multiply the 3 strawberry sundaes and 4 choclate sundaes by 10.

3*10=30

4*10=40

So there are 30 strawberry sundaes and 40 choclate sundaes.

We need to find the strawberry sundae amount, so the answer is 30.

Hope this helps!

hey! i’ll give brainliest please help

Answers

Answer:

I think it's D

hope this helps

have a good day :)

Step-by-step explanation:

Answer:

D

Step-by-step explanation:

They are anxious to get their results

A coffee roaster is designing a coffee can that can be modeled with a right cylinder for its new Breakfast Blend . Breakfast Blend costs the roaster $0.03 per cubic inch to produce. The roaster wants the can to contain an amount of coffee that will cost him no more than $7.50 to produce. Given that the height of the can is to be equal to its diameter, what is the maximum height allowable for the can? Round to the nearest tenth of an inch.

Answers

Answer: 6.8 inches

Step-by-step explanation:

ok y’all i need to know something.
today is the last day of school and my grades are all a’s and b’s but i have a few projects i didn’t do. will i still pass the school year?

Answers

Yes it won’t drop your grade too much and you’ll pass <3

Answer:

you will still pass

Step-by-step explanation:

your grades might drop a little

4x+2=-13 solve for x

Answers

Answer:

Solution given

4x+2=-13

subtract each term by 2

4x+2-2=-13-2

divide both side by 4

4x/4=-15/4

we get

x=-15/4

is a required answer.

Let's solve:

[tex]4x+2=−13[/tex]

Step 1: Subtract 2 from both sides.

[tex]4x+2−2=−13−2 \\ 4x = - 15[/tex]

Step 2: Divide both sides by 4.

[tex] \frac{4x}{4} = \frac{ - 15}{4} [/tex]

Answer:

[tex] \frac{ - 15}{4} [/tex]

Which is not a solution of 5g - 6 => 24?
A. g=6
B. g=10
C. g. 20
D. g=-8

Answers

Answer:

A. g=6

Step-by-step explanation:

5g-6=24

5g=30

g=30/5

g=6

Answer:

D, g = -8

Step-by-step explanation:

5 (-8) - 6 => 24

-40 - 6 => 24

-46 is NOT greater than or equal to 24.

Linda invested $12,500 in an
account that earns 4.5% interest,
compounded monthly. What is
the value of the account after
4 years? Round your answer to
the nearest cent.

Answers

Answer:

12500

Step-by-step explanation:

4.5 × 48=216.

12500 Plus 216= 12,716

The value of the invested money becomes $103393.20 after 4 years if the interest rate is 4.5% and compounded annually.

What is compound interest?

It is defined as the interest on the principal value or deposit and the interest which is gained on the principal value in the previous year.

We can calculate the compound interest using the below formula:

[tex]\rm A = P(1+r)^t[/tex]

Where A = Final amount

          P = Principal amount

          r  = annual rate of interest

          t = How long the money is deposited or borrowed (in years)

We have in the question:

p = $12,500

r = 4.5% ⇒ 0.045

t = 4 years ⇒ 4×12 ⇒ 48 months

Put the above values in the formula, we get;

[tex]\rm A = 12500(1+0.045)^4^8[/tex]

A = 12500×8.27145

A = $103393.20

Thus, the value of the invested money becomes $103393.20 after 4 years if the interest rate is 4.5% and compounded annually.

         

Learn more about the compound interest here:

brainly.com/question/26457073

Serena, Alyssa and Katie have just finished lunch at the Rainforest Cafe. Their bill came to $38.96. There is an 8% sales tax. The girls have decided to leave a tip of 15% on the total amount of the bill. How much money did the entire bill come to including the tip?

Answers

Answer:

About $48.39

Step-by-step explanation:

Sales tax only applies to the bill, not the tip.

Calculate the sales tax:

38.96 × 8%

38.96 × 0.08

3.1168

Round to the nearest cent:

3.12

Add the sales tax to the bill:

38.96 + 3.12

42.08

Calculate the tip based "on the total amount of the bill:"

42.08 × 15%

42.08 × 0.15

6.312

Round to the nearest cent:

6.31

Add the tip to the rest of the bill:

42.08 + 6.31

48.39

HELP PLS MATH !!!!!!!!!!!!!!

Answers

fraction form : 8/25

decimal form : 0.32

Answer:

8/25 or if you have to do decimal form it's 0.32

Step-by-step explanation:

The lengths of the legs of a right triangle are 8 inches and 9 inches. What is the length of the hypotenuse? Round to the nearest inch. Enter your answer in the box.

Answers

hyp^2 = 8^2 + 9^2
hyp^2 = 64 + 81
hyp^2 = 145
hot = 12 inch

The length of the hypotenuse in a right triangle is 12 inches.

What is the Pythagoras theorem?

The relationship between the three sides of a right-angled triangle is explained by the Pythagoras theorem, commonly known as the Pythagorean theorem. The Pythagoras theorem states that the square of a triangle's hypotenuse is equal to the sum of its other two sides' squares.

Given that, the lengths of the legs of a right triangle are 8 inches and 9 inches.

Let the length of the hypotenuse be x.

Here, x²=8²+9²

x²=64+81

x²=145

x=√145

x=12.04

x≈12 inches

Therefore, the length of the hypotenuse is 12 inches.

To learn more about the Pythagoras theorem visit:

brainly.com/question/21926466.

#SPJ6

Ryan has 10 quarters.
Kelly has exactly seven times as much money as Ryan.
They will combine their money to buy a game.
The game costs $27. How much more money do they need to
save?

Answers

Answer:

its b

Step-by-step explanation:

Which equation is equivalent to -4(y-2)=12?

1. -4(y-2)=3
2. -4(y-2)=-3
3. y-2=12
4. y-2=3
5. y-2=-3

Please I’ll mark you brainliest if you answer

Answers

Answer:

–4(y–2)=12

y–2=12/–4

y–2=–3

The choose (5)

A man works 6 hours overtime. His basic rate is $7.00 per hour. He is paid double time for overtime. What is his overtime pay

Answers

Answer:

His overtime pay is of $84.00.

Step-by-step explanation:

He is paid double time for overtime.

Basic rate of $7.00, overtime is double, so $7.00*2 = $14.00.

Worked 6 hours overtime:

So his overtime pay is:

$14.00*6 = $84.00

His overtime pay is of $84.00.

Without graphing, determine whether the system of linear equations has one solution, infinitely many solutions, or no solution. Explain your reasoning.

[tex]y=15x+1[/tex]
[tex]y=15x+2[/tex]

Answers

[tex]\huge{ \mathcal{  \underline{ Answer} \:  \:  ✓ }}[/tex]

First equation :

[tex]y = 15x + 1[/tex]

[tex]y - 15x - 1 = 0[/tex]

Second equation :

[tex]y = 15x + 2[/tex]

[tex]y - 15x - 2 = 0[/tex]

Now, the equations are in the form of

[tex]a_1x {}^{2} + b_1x + c_1 = 0[/tex]

[tex]a_2x {}^{2} + b_2x + c_2 = 0[/tex]

where,

[tex] \dfrac{a_1}{a_2} = \dfrac{b_1}{b_2} \neq \dfrac{c_1}{c_2} [/tex]

therefore the equations would have no solution .

_____________________________

[tex]\mathrm{ \#TeeNForeveR}[/tex]

2,668 ÷ 53 (Im putting this because it has to be 20 characters or more)

Answers

Answer:

50.33962264

Step-by-step explanation:

brainlest pls

Answer:

the answer is 50.33

Step-by-step explanation:

someone check out my recent question

Someone please help me thank you

Answers

Answer:

[tex]y=-\frac{1}{3}x+-7[/tex]

Step-by-step explanation:

The graph shows a negative slope with 3 units in between each point.

Every 3 x-units, the y-unit goes up once.

need help in this question

Answers

Answer:

B) 9

Step-by-step explanation:

110 + 75 + 11x - 9 + 8x + 13 = 360

19x + 189 = 360

19x (+ 189 - 189) = 360 - 189

19x = 171

19x/19 = 171/19

x = 9

A cylinder and a cone have the same volume. The cylinder has radius x and height y . The cone has radius 1/2x . Find the height of the cone in terms of y .

Answers

Answer:

height = 1/4y

Step-by-step explanation:

V(cylinder) = πr²h

V(cone) = πr²h ÷ 3

V(cyl) = πx²y

V(cone) = π(1/2x)²y which simplifies to be πx²y ÷ 4

πx²y = πx²y ÷ 4

if you divide each side by πx² you get:

y = y/4

height is 1/4y

Simplify and give me steps please.
(5m^4/3 x 5n^1/4) (m^1/3 x 2n^1/8)

Answers

Answer:

(25m^4n^1/12)(m^1n^1/12)

Step-by-step explanation:

Re-order terms to the left.  

(5*5m^4/3 * n^1/4) (m^1/3*2n^1/8)

Combine terms

(5*5m^4n^1/3/4)     2m^1n^1/3/3/8    

Multiply

(25m^4n^1/3/4)       2m^1n^1/3/3/8    

(25m^4n^1/3 * 4)    2m^1n^1/3/3*8    

(25m^4n^1/12).        2m^1n^1/3/24

cancel common terms in both num and denominator

   

Final - (25m^4n^1/12) (2m^1n^1/12).

please help meeee. Pleaseeee

Answers

Answer:

in excact terms: 50.26548

to the nearest tenth: 50.3

Step-by-step explanation:

Answer:

Step-by-step explanation:

V = radius^2  x height x π = 4^2 x 1 x π = 16π in^3

16 x 3.14 = 50.26...  = 50.3 in^3

Suki rode her bike 6/7 mile. Claire rode her bike 1/3 mile. They want to compare how far they each rode their bikes using benchmark 1/2. Select the correct answer to describe how to solve the problem.

Answers

Answer:

6/7 > 1/2

1/3 < 1/2

Suki rode her bike a longer distance than Clarie

Step-by-step explanation:

Suki's distance = 6/7 miles

Compare with bechmark 1/2

6/7 and 1/2

Make the denominators same

(6*2)/(7*2) and (1*7)/(2*7)

12/14 and 7/14

12/14 is greater than 7/14

12/14 > 7/14

Therefore, 6/7 > 1/2

Clarie distance = 1/3 miles

Compare with bechmark 1/2

1/3 and 1/2

Make the denominators same

(1*2)/(3*2) and (1*3)/(2*3)

2/6 and 3/6

2/6 is less than 3/6

2/6 < 3/6

Therefore,

1/3 < 1/2

Compare Suki's distance with Clarie

compare 6/7 and 1/3

Make the denominators same

(6 * 3)/(7 * 3) and (1 * 7)/(3 * 7)

18/21 and 7/21

18/21 > 7/21

Suki rode her bike a longer distance than Clarie

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