Jack borrows $2,700 at a rate of 8.2% per year. How much simple interest will he owe if it takes 3 months to repay the loan? Round to the nearest cent.

Answers

Answer 1

Answer: $55.35

Step-by-step explanation:

Answer 2

The simple interest on $2700 at a rate of 8.2% per year for 3 months will be $55.35.

What is simple interest?

Simple interest is a way to figure out how much interest will be charged on a sum of money at a specific rate and for a specific duration of time.

Given that,

Jack borrows $2,700 at a rate of 8.2% per year.

Principle amount P = 2700

Rate of interest = 8.2% per year

Rate of interest per month ⇒ 8.2/12 = 0.683%

The simple interest for the  T time period is given by,

Interest = PRT/100

Interest = (2700 × 0.683 × 3)/100 = $55.35

Hence "The simple interest on $2700 at a rate of 8.2% per year for 3 months will be $55.35".

For more about simple interests

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Related Questions

Does each equation represent a proportional relationship? Choose Yes or No.

y = 7x - 3
y = 150x

Answers

Ay yo good luck dude

i need help can someone help me?

Answers

Here's is the answer:

- 1/9                                                            

aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

what is the least whole number that is the solution of 4r-4.9>14.95

fast 30 points please

Answers

Add 4.9 to each side so 4r>19.85 and divide both side by 4. So r> 4.96 so say any point over 5 and you are correct

Mrs. Kuryvial does not believe that a 7th grade math student can solve the following problem -5 1/3*-2 2/5. Please explain how to solve this problem step by step to prove Mrs. Kuryvial wrong

Answers

Step 1: Change the mixed numbers to improper fractions
-16/3 * -12/5
Step 2: Cross reduce
-16/1. * -4/5
Step 3: Multiply straight across
64/5
Step 4: Change back to a mixed number
12 4/5

Find the missing amount)
Original:_______
New: $172
%Decrease: 14%

(not multiple choice)

Answers

Answer:

Original = $200

Step-by-step explanation:

Original = x

Final = 172

Percent Decrease = 14%

Original = 100%

Final = 100% - 14%

172 = 86%

Solve:

172/86 * 100 = x

2 * 100 = 200

Original = 200

-Chetan K

$ 200 ( approximately )

Step-by-step explanation:

100% - 14% = 86%

100/86 × 172

79 = 4x + 27

What does x equal

Answers

Answer:

X=13

Step-by-step explanation:

79=4x+27

-27       -27

52=4x  

x=13

1. When an integer n is added to –5, the result is still –5. What is n?

2. What is the additive inverse of the integer –7?

Answers

Answer:

n=0

Step-by-step explanation:

n+-5= -5

n-5= -5

n= -5 +5

n=0

Use the long division method to find the result when 12x^3+23x^2+30x+25 is divided by 4x+5.

Answers

Answer:

The answer is 3x^2+2x+5

Step-by-step explanation:

I just simply factored and followed the long division method.

Solving Two Step Equations

r/3 - 6 = -3

Answers

Answer:

r = 9

Step-by-step explanation:

r/3 - 6 = -6

First, you need to add 6 on both sides to isolate r/3:

r/3 = 3

Then, you need to multiply both sides by 3 to get r alone:

r = 9

r is 9

Look at this set of ordered pairs:

(13, 19)
(4, 18)
(3, 20)
(11, 2)

Is this relation a function?

Answers

It is a function, good luck
Yes it’s a function the x’s don’t repeat

What is the domain of f(x)=x^2?​

Answers

This has an domain of all real numbers

Let f(x) = StartFraction x squared minus 5 x + 4 Over x minus 1 EndFraction and g(x) = 2 Superscript x minus 3. For which value of x does f(g(x)) have a discontinuity?

Answers

9514 1404 393

Answer:

  x=1

Step-by-step explanation:

The function f(x) is undefined where its denominator (x+1) is zero. That will be the case for x=-1.

The composition f(g(x)) will give f(x) an argument of -1 when g(x) = -1. That will be the case when ...

  2^x -3 = -1

  2^x = 2 . . . . . add 3

  x = 1 . . . . . . match exponents

f(g(x)) will have a discontinuity at x = 1.

Answer:

x=1

Step-by-step explanation:

Edge 2023

The function (x) = x is shown on the graph,
Which statement is correct?
The domain of the function is all real numbers
greater than or equal to 0.
The range of the function is all real numbers greater
than or equal to -1
The range of the function is all real numbers less
than or equal to 0.
The domain of the function is all real numbers less
than or equal to 0.

Answers

Answer:

the domain of the function is all real numbers less than or equal to 0

help me pls!!! don't bother trying to put a scam link

Answers

Answer:

1/7 km long

Step-by-step explanation:

The area of a square is any given one of the sides, squared. We can take this information and apply it to this problem. If the area is 1/49 km squared, we can take the square root of this to find the length of each side.

The square root of 1 is 1, and the square root of 49 is 7, so the answer is 1/7 km for each side.

If you have any further questions, let me know!

Answer:

[tex]\frac{1}{7}[/tex]

Step-by-step explanation:

-8/11=12/v (solve for v)

Answers

Answer:

-8/11=12/v

-8v / 11 = 12

-96v / 11 = 12

-96v = 132

v = 132 / -96

v = 1.375  OR

v = 1   3/8

Step-by-step explanation:

Find the domain: log2(1/64)=x

Answers

Step-by-step explanation:

find antilog of both sides

need answers to the ones that i haven’t written anything for

Answers

Answer:

domain - (-infinity,infinity)

range - (-infinity, 2]

axis of sym - x=-1

y int - (0,-1)

at what value (row 1) - (-1,2)

Step-by-step explanation:

domain is side to side, it never ends bc of the arrows

range is top to bottom, there is no bottom bc of the arrow, but it has a top at 2 (the value on the y axis)

the axis of sym is basically the line that runs through the vertex, it's where you could fold it in half and it would still match up

Why is 0.55 plotted between 0.6 and 0.5?

Plsss help

Answers

Answer:

because it is larger than 0.5, but smaller than 0.6

Step-by-step explanation:

another way to write 0.6 is 0.60 and another way to write 0.5 is 0.50

if you ignore the 0.

55 is between 60 and 50

hope this helps :)

0.55 is right between 0.50 and 0.60

how do i change the fraction into a decimal?
3/4 as a decimal?

Answers

Answer:

0.75

Step-by-step explanation:

1. To change 3/4 into a decimal, you have to divide 3 by 4.

2. (Check out the image below to see how to divide 3 by 4.)

Answer:

3/4 is expressed as 0.75 in the decimal form.

Step-by-step explanation:

Fractions and decimals are two ways to represent the same numbers. A decimal number can be defined as a number whose whole number part and fractional part is separated by a decimal point. A fraction is represented as a numerical value that is defined as a part of a whole.

To convert any fraction to decimal form, we just need to divide the numerator by the denominator.

Here the fraction is 3/4 which means we need to divide: 3 ÷ 4.

* Use the attatched images for steps*

Therefore, 3/4 = 0.75.

Thus, 3/4 is expressed as 0.75 in the decimal form.

Kishore bought a basket containing 30 orangs for rs 310. If he sells the orangs at rs 12 each , what Would be it's profit or loss?

Answers

Given : Kishore bought a basket containing 30 oranges for rs 310. If he sells the oranges at rs 12 each , what Would be it's profit or loss?

Solution :

Cost price of oranges = rs.310

As we know that each oranges cost rs.12

So, selling price of oranges is 30 × 12 = rs.360

Now, finding profit or loss

Profit = Selling Price - Cost Price

Profit = rs.360 - rs.310

Profit = rs.50

So, the profit is 50

The sum of four consecutive odd numbers is 80 find the number

Answers

Answer:

Let the numbers are

x, (x+2), (x-2) and (x+4)

Step-by-step explanation:

x + x +2 +x - 2+x+4 = 80

4x +4 = 80

4x =80-44x = 76

4x = 76

x = 76/4

x = 19x

x=19

(x+2) =19+2=21

(x-2) = 19-2=17

(x+4)=(19+4)=23

hope it helps

mark me brainliest pls

A cube has a volume of 216cm/3.what is the area of the base of the cube

Answers

Answer: 36 cm^2

Step-by-step explanation:

Hello!

We can start by finding the cube root of 216, which is 6. This is the length of each side of the cube.

Now, the area of the base of the cube is equal to 6^2=36 cm^2.

the variable b in slope intercept form represents the slope true or false

Answers

Answer:

false

Step-by-step explanation:

the variable x is used in slope intercept

Answer:

False

Step-by-step explanation:

The equation of a line in slope- intercept form is

y = mx + b ( m is the slope and b the y- intercept )

Answer with solutions.

Find the corresponding roots in the box for the given quadratic

equations and get the letters to decode the hidden message . You

may use the extracting the square root method

P:±6
M: ±7
C:5,6
A : 0
J:4,-1

Q:±√5
L:±11
H:±4
D:-4,1 I:±3

S:16,-6
Y: ±8
B:±4√2
E:±2
A:0,-4

U:6,0
U:±√10
N:6,-16
G:1,-1
T:±2√2

O:±6√2
V:±√3
I:±5
J:-7,-1
K:5,-2

W:±12
F:±2√3
X:±6
R:0,-6
•:9±√6
/4

Message : __________________________________

________________________________________

1. x2 = 49
2. x2 -27 =0
3. 3x2-36= 0
4. 9x2 = 0
5. 5x2- 15=0
6. 2x2- 144=0
7. ( x + 3)2 = 9
8. 4x2 -100 =0
9. 5x2 = 40

10. 3x2 -12 = 0

11. (x-5)2

Answers

The corresponding roots of the quadratic equations are given.

What are Quadratic Equations?

Quadratic expressions are polynomial equations of second degree.

The general form of a quadratic equation is ax² + b x + c = 0.

1. x² = 49

Find the square root.

x = ±√49 = ±7

2. x² - 27 = 0

x² = 27 = 9 × 3

x = √27 = √(9×3) = √9 × √3 = ±3√3

3. 3x² - 36 = 0

3x² = 36

Divide 3 on both sides.

x² = 12

x = √12 = √(4 × 3) = ±2√3

4. 9x² = 0

x = 0

5. 5x² - 15 = 0

5x² = 15

x² = 3

x = ±√3

6. 2x² - 144 = 0

2x² = 144

x² = 72

x = √72 = √(36 × 2) = ±6√2

7. (x + 3)² = 9

x + 3 = √9

x + 3 = ±3

x = 3 - 3 = 0 and x = -3 - 3 = -6

8. 4x² - 100 = 0

4x² = 100

x² = 25

x = ±√5

9. 5x² = 40

x² = 8

x = √8 = √(4 × 2) = ±2√2

10. 3x² - 12 = 0

3x² = 12

x² = 4

x = ±2

11. (x - 5)² = 121

x - 5 = √121

x - 5 = ±11

x = 11 + 5 = 16 or x = -11 + 5 = -6

Hence the solutions are found.

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I need help with this

Answers

Answer:

b= 47°

Step-by-step explanation:

the value of a straight line is 180°. so create an equation that sets the angle values to equal 180°, then solve for b:

(3b-6)+(b-2)=180

3b-6+b-2=180

4b-8=180

4b=188

b=47

Ivy wants to earn at least $800 this week in commission. What is the minimum amount she needs to sell in order to earn $800 if she earns a 6.25% commission on everything she sells? Round your answer to the nearest dollar if necessary.

Answers

Answer:12,800

Step-by-step explanation:

Identify the functional relationship between the variables. * 1 point
A. Energy use is a function of time.
B. Time is a function of energy use.

Answers

A because don’t worry about it and trust

Is the triangle SSS, SAS, ASA, AAS, SSA? Photo attached.

Answers

Answer:

SAS

Step-by-step explanation:

Help me help me help me

Answers

Answer:

the √78 would be 8.832 so D

Answer is D you can use a calculator to find square root and then round to find answer

A function is defined by f(x) = x/4
What is f(-8)?

-2
-1/2
1/2
2​

Answers

Answer -2

This is because -8/4 is -2