Jason took out an 800$ loan from his bank two years ago. He recently paid 860$ Back to the bank. This included the original loan amount and the simple interest charged to him. What was the annual interest rate of Jason’s loan

Answers

Answer 1

Answer:

3.75%

Step-by-step explanation:

Principal , P= $800

Number of years, t = 2

Total Amount paid back(principal + simple interest) , A = $860

To obtain the interest rate on the loan :

We use the Relation :

A = P(1 + rt)

r = interest rate

860 = 800(1 + 2r)

860 / 800 = 1 + 2r

1.075 = 1 + 2r

1.075 - 1 = 2r

0.075 = 2r

r = 0.075 / 2

r = 0.0375

Hence, interest rate on loan = 0.0375 = (0.0375 * 100%) = 3.75%


Related Questions

Use the graph to find the slope and y-intercept to write the equation in slope-intercept form.

On a coordinate plane, a line goes through points (negative 2, 0) and (0, negative 1).

The graph shown is y =
x +
.

Answers

Answer:

[tex]m = -\frac{1}{2}[/tex]

[tex]y\ intercept = -1[/tex]

[tex]y = -\frac{1}{2}x -1[/tex]

Step-by-step explanation:

Given

[tex](x_1,y_1) = (-2,0)[/tex]

[tex](x_2,y_2) = (0,-1)[/tex]

Required

Determine the slope and y intercept from graph

To calculate the slope, we have:

[tex]m = \frac{y_2 - y_1}{x_2 - x_1}[/tex]

[tex]m = \frac{-1-0}{0 - (-2)}[/tex]

[tex]m = \frac{-1}{0 +2}[/tex]

[tex]m = -\frac{1}{2}[/tex]

The y intercept is when [tex]x = 0[/tex]

So,

[tex]y\ intercept = -1[/tex]

The equation is then calculated using:

[tex]y = m(x - x_1) + y_1[/tex]

This gives

[tex]y = -\frac{1}{2}(x - (-2)) + 0[/tex]

[tex]y = -\frac{1}{2}(x - (-2))[/tex]

[tex]y = -\frac{1}{2}(x +2)[/tex]

[tex]y = -\frac{1}{2}x -\frac{1}{2}*2[/tex]

[tex]y = -\frac{1}{2}x -1[/tex]

See attachment for graph

Answer:

The graph shown is y = -1/2

x +-1 .

Step-by-step explanation:

did on edge

he line of symmetry for the quadratic equation y = ax 2 - 8x - 3 is x = 2. What is the value of "a"?

A. -2
B. -1
C. 2

Answers

9514 1404 393

Answer:

  C. 2

Step-by-step explanation:

When the coefficients of the standard-form quadratic are a, b, and c, the equation of the line of symmetry is ...

  x = -b/(2a)

Solving for 'a', we find ...

  a = -b/(2x)

For the given values b=-8 and x=2, the value of 'a' is ...

  a = -(-8)/(2·2) = 8/4 = 2

The value of "a" is 2.

Find the value of x when y=13. Y=-3x+4

Answers

Answer: x= -3

Explanation:
If y is equivalent to 13 then our equation would be

13=-3(x)+4

To receive what x is then you’d have to switch it around and find it as

3x+13=4

And 3x=-9

If you divide both sides by 3 then

x=-3

That’s the best I can do to explain it

Round 13.045 to the nearest whole number.

Answers

Answer:

13. it says nearest whole number.

Step-by-step explanation:

Answer: 13

Step-by-step explanation:

4.)Given m = 1/2 and the point (3, 2), which of the following is the point-slope form of the equation?


y - 2 = 1/2(x - 3)


y + 3 = 1/2(x + 2)


y - 3 = 1/2(x - 2)


y + 2 = 1/2(x + 3)

Answers

Answer:

y - 2 = 1/2(x - 3)

Step-by-step explanation:

Please let me know if you want me to add an explanation as to why this is the answer/how I got this answer. I can definitely do that, I just wouldn’t want to write it if you don’t want me to :)

Daughter’s current age is 6 years which is 1/5 th of her mother’s age. After how many years mother’s age will be three times greater than daughter’s age.

Answers

Answer:

6 years

Step-by-step explanation:

6 = ⅕m

m = 30

"mother's age will be three times greater than daughter's age"—Not sure what "three times greater than" means. I will interpret it as: "mother's age will be three times daughter's age."

In x years, mother will be 30+x and the daughter will be 6+x.

30+x = 3(6+x) = 18+3x

12 = 2x

x = 6

In 6 years, the mother will be 36 and the daughter will be 12.

Complete the statement with <, >, or=.

PLEASEE HELP

Answers

Answer:

< LK

Step-by-step explanation:

The higher the angle, the bigger the opposite side, so since 123 is bigger than 114, LK is bigger than MN

Can someone help me? Thank you!

Answers

Answer:

I believe that the one that is NOT true is Option, letter C.  Pls mark brainliest.

Answer:The answer is D

Step-by-step explanation:The Line could intercept the x axis but Sometimes it can only intercept the x axis such as x=7 it only intercepts (7,0) and not (0, any real number.) so that is why that is the answer.

Also brainly pls.

Symify 9 to the 2 power / 9 to the 7 power

Answers

9514 1404 393

Answer:

  1/9^5

Step-by-step explanation:

  [tex]\dfrac{9^2}{9^7}=\dfrac{9\cdot 9}{9\cdot 9\cdot 9\cdot 9\cdot 9\cdot 9\cdot 9}=\dfrac{1}{9\cdot 9\cdot 9\cdot 9\cdot 9}=\boxed{\dfrac{1}{9^5}}[/tex]

_____

An exponent is an indicator of repeated multiplication. As you can see, factors in the numerator cancel those in the denominator, so the result is the difference of the exponents.

Which statement is true regarding the functions on the graph?

Answers

Answer:

f(-3) = g(-3)

Step-by-step explanation:

f(-3) = -4

g(-3) = -4

Therefore, they intersect at that point.

Answer two questions about Systems AAA and BBB: System AAA \text{\quad}start text, end text System BBB \begin{cases}5x+y=3\\\\4x-7y=8\end{cases} ⎩ ⎪ ⎪ ⎨ ⎪ ⎪ ⎧ ​ 5x+y=3 4x−7y=8 ​ \begin{cases}5x+y=3\\\\x+8y=-5\end{cases} ⎩ ⎪ ⎪ ⎨ ⎪ ⎪ ⎧ ​ 5x+y=3 x+8y=−5 ​ 1) How can we get System BBB from System AAA?

Answers

Answer:

First One is C and the second one is A

Step-by-step explanation:

I got it wrong then found out the answers

Systems of equations are collection of multiple equations

We can get system B from system A by: subtracting both equations in system A and by bringing the first equation of system A

The systems of equations are given as:

System A

5x + y = 3

4x - 7y = 8

System B

5x + y = 3

x + 8y= -5

Subtract 4x - 7y = 8 from 5x + y = 3

So, we have:

[tex]\mathbf{5x - 4x + y+7y = 3 - 8}[/tex]

[tex]\mathbf{x + 8y =- 5}[/tex]

This means that, we can get system B from system A by:

Subtracting both equations in system AAnd by rewriting the first equation of system A

Read more about systems of equations at:

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13+(x+8) plz i need help

Answers

Answer:

21+x

Step-by-step explanation:

Because this does not equal anything, we can't solve for x. Instead, we can just simplify the equation. Since there is a + sign to the left of the parentheses, it shows that we do not need to distribute.

13+(x+8)

21+x

Hope this helps!! Have a nice day ^^

Answer:

First off you would distribute the invisible positive 1 to the x and 8

Then you will get 13+x+8

Last add 13 and 8 to get 21

Your final answer is 21+x

Step-by-step explanation:

150 meters is 30% of __________ meters. PLS HELP

Answers

Answer:

500

Step-by-step explanation:

150(100) = 15000 / 30 = 500

Let the number be X

X . 30/100 = 150

X = 150 . 100/30

X = 500

PLEASE HELP WITH THESE QUESTIONS I HAVE 5 MINUTES LEFT

What is 4 superscript 5 written in expanded form?
O 4 + 4 + 4 + 4 + 4
O 4 times 4 times 4 times 4 times 4
O 5 + 5 + 5 + 5
O 5 times 5 times 5 times 5

Answers

Answer:

4+4+4+4+5

Step-by-step explanation:

is 5 times the number only expanded

Answer:

4+4+4+4+5

Step-by-step explanation:

97 - 3 + 5³ ÷ 25 × 2 ×3² =

Answers

Answer:

139

Step-by-step explanation:

PEMDAS or Order of Operations

7. Put these numbers into greatest to least order: 8.25, 8.52, 8.45, 8.54, 8.504

Answers

Answer:

8.54, 8.504, 8.52, 8.45, 8.25

Step-by-step explanation:

Solve for m:

14m = 35
A. m = 5/3
B. m = 3/4
C. m = 2/5
D. m = 5/2

Answers

Answer:

D. m = 5/2

Step-by-step explanation:

35 / 14 = m

35 / 14 = 2.5

2.5 as a fraction is 5/2

The equivalent value of m is given by the expression m = 5/2

What is an Equation?

Equations are mathematical statements with two algebraic expressions flanking the equals (=) sign on either side.

It demonstrates the equality of the relationship between the expressions printed on the left and right sides.

Coefficients, variables, operators, constants, terms, expressions, and the equal to sign are some of the components of an equation. The "=" sign and terms on both sides must always be present when writing an equation.

Given data ,

Let the equation be represented as A

Now , the value of A is

Substituting the values in the equation , we get

To solve for m, we need to isolate m on one side of the equation by dividing both sides by 14:

14m/14 = 35/14

Simplifying, we get:

m = 35/14

On further simplification of the equation , we get

m = (35/7)/(14/7)

m = 5/2

Hence , the equation is m = 5/2.

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(+50)x(-10)

Respuesta, explicación, operación completa

Answers

Answer:

-500

Step-by-step explanation:

which expression is equivalent to:​

Answers

B, you flip the first fraction change the sign and keep the last fraction the same.

D. (3/5)(9/7)

Since 3/5 divided by 7/9 equals 27/35 and (3/5)(9/7) equals 27/35 they are equivalent.

Your class is in groups, working on a combinatorics worksheet. One of the questions asks how many possible ways 5 books out of a box of 12 can be placed on a shelf. Your classmate suggests you calculate 12C5, which is 792. What would you say to explain how this suggestion is flawed, and how would you help correct them

Answers

Answer: 95040

Step-by-step explanation:

It is important to note that selection and arrangement are two different things in permutation and combination study. In the scenario above, we have 12 books, out of which 5 is to be arranged on a shelf. The answer prescribed by 12C5 which gives 792, only solves the selection process of choosing 5 books from a total of 12. Every 5 books picked will also have to be arranged on the shelf which is solved as n!(number of ways of arranging n different objects)

Hence, to arrange 5 books from a total of 12 books on a book shelf is

nCr * r!

12C5 * 5!

792 * 120

= 95040

Determine wether the following statement is always, sometimes, or never true. A regular polygon has all sides and angles congruent.

Answers

Answer:

most likely always. either that or sometimes I hope that answers your question!

Four angles are shown below. Recall that an angle completing a full rotation measures 2π radians.


Angle A represents ____ of a full rotation.
Therefore, Angle A has a measure of___  radians.   

Angle B represents___  of a full rotation.
Therefore, Angle B has a measure of ____ radians.   

Angle C represents____  of a full rotation.
Therefore, Angle C has a measure of  ___radians.   

Angle D represents_____  of a full rotation.
Therefore, Angle D has a measure of  ___radians. 

Answers

Answer:

Step-by-step explanation: Angle A is 45 degrees so it represents 1/8 of a rotation. so it has a measure π/4 rads. Angle B is 90 degrees so it represent 1/4 of a rotation. so it has a measure of π/2 rads. Angle C represents 180 degrees so that represent 1/2 of a rotation so it has a measure of π rads. Angle D is 270 degrees so it represents 3/4 of a rotation . Therefore, Angle D has a measure of  6π/4.

The for angle A 1/8 and π/4, for angle B 1/4 and π/2, for angle C 1/2 and π, and for angle D 3/4 and 6π/4.

What is an angle?

The measurement between the two lines is called an "Angle" when the two lines or rays converge at a common location.

From the figure attached:

Angle A represents 1/8 of a full rotation. Therefore, Angle A has a measure of π/4 radians.  

Angle B represents 1/4 of a full rotation. Therefore, Angle B has a measure of π/2 radians.  

Angle C represents 1/2 of a full rotation. Therefore, Angle C has a measure of π radians.  

Angle D represents 3/4 of a full rotation. Therefore, Angle D has a measure of 6π/4 radians.

Thus, the for angle A 1/8 and π/4, for angle B 1/4 and π/2, for angle C 1/2 and π, and for angle D 3/4 and 6π/4.

Learn more about the angle here:

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Simplify the expression 3s - 3s 35 - 3s =​

Answers

Answer:

6s-35

Step-by-step explanation:

not sure

6s-35. Use a simplifying calculator, it will be much easier for you!!

Ashley is digging for rocks at a geological site. She has 140 meters of rope and 4 stakes to mark off a rectangular area. Which set of dimensions will create a
rectangle using all the rope Ashley has with her?

14 m x 10 m
70 m × 70 m
60 m x 10 m
55 mx 10 m

Answers

The answer is 60m times 10m

How much water do you add:
To make 25% sugar syrup using 15g of sugar?

Answers

Answer:

amount of water required = 45 g

Step-by-step explanation:

Answer:

45g

Step-by-step explanation:

There are 60 dogs at the doggie daycare, 1/3 of the dogs are large dogs, 1/6 of the dogs are medium dogs, and the rest are small dogs. How many small dogs are there? (HOW DID YOU GET YOUR ANSWER PLEASE SHOW YOUR WORK!!)
A. 1/17
B. 136
C. 30
D. 2/19
E. 25

Answers

Answer:

C. 30

Step-by-step explanation:

First, you want to make the two fractions have the same denominator. This means, that instead of saying that 1/3 of the dogs being large, you would say that 2/6 of the dogs are large. Then, combine the amount of large and medium dogs, making large and medium dogs 3/6 of all the dogs. The amount of small dogs must complete this fraction, so now we know that 3/6 of the dogs are small. This means half of the dogs are small dogs. Divide 60 by 2, and you have your answer.

The answer would be 30 small dogs

1/3×60 =20 = 20 large dogs

1/6×60=10= 10 medium dogs

20+10=30

60-30=30 = 30 small dogs

4. If 4 bananas weigh 4 4/5 kilograms , how
many kilograms would you expect 3
bananas to weigh?
A.
//
C. 3
B. 1
}
D. D.8

Answers

Answer:

It's the same process, change 4 4/5 to an improper fraction = 24/5 then set up a proportion

4 bananas/(24/5) kg = 3 bananas/x kg take cross products

4x = 3 (24/5) = 72/5  divide by 4 (this is the same as multiplying by 1/4)

x = 72/20, change this to a mixed number = 3 12/20 = 3 3/5 kg

Step-by-step explanation:

PLEASE ANSWER ASAP !!!!!!!!!!!!!!!!!!! WILL GET BRAINLEST IF CORRECT!!!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

2x+30 = 90 (Choice A)

definitely choice A. 2x+30=90

Do I have the right answer?

Answers

Yes, I think I’m not sure correct me if I’m wrong .

What is a natural number and what is a whole number? Explain..

Answers

Natural numbers are a part of the number system which includes all the positive integers from 1 till infinity and are also used for counting purpose. It does not include zero. In fact, 1,2,3,4,5,6,7,8,9…., are also called counting numbers excluding zero, fractions, decimals and negative numbers.

The whole numbers are the numbers 0, 1, 2, 3, 4, and so on (the natural numbers and zero). Negative numbers are not considered "whole numbers." All natural numbers are whole numbers, but not all whole numbers are natural numbers since zero is a whole number but not a natural number.

Natural numbers are also all numbers 1, 2, 3,4.. and so on. They are the numbers you usually count and they will continue on into infinity. Whole numbers are all natural numbers including 0. 0, 1, 2, 3, 4… Integers include all whole numbers and their negative counterpart, -4, -3, -2, -1, 0,1, 2, 3, 4,…

So in all these words, this means that natural numbers are all the numbers not including 0 and negative and whole numbers are all the numbers including 0 and negative.

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