Rob borrowed $2500 for 18 months and repaid $ 2950. What simple annual interest did he pay?

Answers

Answer 1

He payed a lot of interest

Answer 2

Using the simple interest rate formula, Rob paid 12% of simple annual interest.

What is simple interest?Simple Interest is a method of calculating interest that is earned for a principal amount at some rate of interest for a particular time. It is a simple method for figuring out a loan's interest rate. It is calculated by dividing the principle by the daily interest rate and the number of days between payments.

So, the principal amount is $2500.

The time is 18 months.Rob repaid $2950.Simple interest formula:Simple interest = Amount - principal

Now, calculate as follows:

Simple interest = Amount - principalSimple interest = 2950 - 2500Simple interest = $450

Now,

18/12 = 3/2Simple interest = 100/ time × principal $450 = 100 × 2/3 × $2500 12 %

Therefore, using the simple interest rate formula, Rob paid 12% of simple annual interest.

Know more about simple interest rate here:

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Related Questions

whats the answer for this question?

Answers

Answer:

F (x, y) ----> (x, y - 7)

Step-by-step explanation:

The triangles have the same dimensions. The second triangle is a translation of the first one. It was translated 7 units down, so every y-coordinate value became 7 less than what it was. It did not move left or right, so the x-coordinates remain the same.

Answer: F (x, y) ----> (x, y - 7)

F because you can see that the only thing that is decreasing the Y and he goes from top to bottom seven times in the Y axis

PLEASE HELP ME ON THIS I WILL GIVE BRAINLIEST

Answers

Answer:E

Step-by-step explanation:

Answer:

E. No soultion is given in the set of values.

Step-by-step explanation:

54 divided by 1 2 3 and 6 all equal other things then 3

me need help what is this

Answers

5 * 12 = 60 (for the whole area)
3 * 2 = 6 (for the missing space)
6 + 2 = 8
12 - 8 = 4
4 * 3 = 12
12 / 2 = 6
6 + 6 = 12
60 - 12 = 48
Answer: 48
Sorry if this isn’t right :(

Answer: Im sure it’s 48

Step-by-step explanation:

What is 6.27 divided by 1000?

Answers

Answer:

0.00627 :)

Step-by-step explanation:

Answer:

0.00627

Step-by-step explanation:

Im so confused rn i have no idea how to do this my teacher didnt teach us this

Answers

Answer:

you use the mean method. and then round.

Answer: 5/9 (I am not sure if it is right don't take my word for it just incase if you want to do it at your own risk)

Step-by-step explanation:

There is a 8 main wyas 3 colors, 3 numbers, head or tails

if you are not spinning red it's 2 colors you can get

if you want to flip tails that is one

if you don't want to spin an even number there is 2 other numbers

2+2+1=5

5/9 is your chance or 0.5(5 is repeating)

Deon wants to go on a camping trip that will cost $199. He paid a deposit of $55 and will save an additional $18 per week to pay for the trip. Which equation shows how many weeks will he need to save to pay off his trip?

Answers

Answer:

Step-by-step explanation:

199 - 55 = 144

144/18 = 8

Deon will have to save for eight weeks.

199 - 55 = 18 * 8

with 55 being x and 8 being y

199 -55 = 144
And u have to divid 144/18 = 8
It’s will be 8 weeks until he able to pay off

Jessica made 6 19/20 cups of punch. Her punch had two different types of juice in it. If the punch had 4 1/5 cups of one type of juice how many cups of juice did it have?

Answers

Answer:

2 3/4

Step-by-step explanation:

6 19/20 - 4 1/5 = ?

6 19/20 - 4 4/20 = ?

2 15/20 = ?

Simplified = 2 3/4

Answer:

1.65476190476

Step-by-step explanation:

Help please? I will mark brainlist..........

Answers

Answer:

P(Red)= 8/24=1/3

P(Green)= 4/24=1/6

P(red or white) = 8/24+5/24= 13/24

P(not white nor green)= 24/24-(5/24+4/24)= 15/25

P(all colors except yellow)= 24/24- 7/24= 17/24

P(black)= impossible

Answer:

Total Balls: 24

1. Probability of choosing red

[tex]\frac{8}{24}=\frac{1}{3}[/tex]

33.33%

2. Choosing Green

[tex]\frac{4}{24} =\frac{1}{6}[/tex]

16.66%

2. Choosing either red or white

[tex]\frac{13}{24}[/tex]

54.166%

3. Choosing neither white nor green

[tex]\frac{15}{25}[/tex]

62.5%

4. Choosing other than yellow

[tex]\frac{17}{24}[/tex]

70.83%

5. Choosing black

[tex]\frac{0}{24}[/tex]

How to put the fractions into a percent is you take the numerator(top number) and divide it by the denominator(bottom number). Then multiply it by 100.

In the same year, the average finishing time for u.s. women was four hours and 41 minutes. What was their average speed in miles per hour?

Answers

Answer:

They never asked the question properly. They never said how many miles equals four hours and 41 minutes.

Step-by-step explanation:

who likes black butler i can can speak grell

Answers

Oh the ani me? I know the an ime if that’s what your talking about lol if not then I have no clue

please I need help!!!

Answers

Don’t say stuff like that unless you know the answer it’s annoying

a skyscraper contains 80 floors, with adjacent floors 10 feet apart. an elevator in the skyscraper is ascending at a rate of 5 feet per second. how long will it take the elevator to ascend from the 4th floor to the 28th floor?

Answers

Each floor is 10 feet so that is 240

since the elevator travels 5 ft/sec you will need to find the time to travel the 240 feet

so decide 240 by 5 and you get 48 feet :)

Each floor is 10 feet so that is 240 feet. The elevator travels 5 ft/sec, so to find the time to travel the 240 feet, divide. 240÷5=48 sec.

Can you please help me with this question please I will give you extra points and the brain thing. show work please do all

Answers

Ab is similar to yb

help pls i will give you brainlist but make sure its correct help ASAP

Answers

Answer: 12.90 cents

Step-by-step explanation:

well i took the tax off which is 50cents since its the CD's

.50+.50= $1..00

so 26.80-1.00 = 25.80

divide tht by 2 u get 12.9 the price of one CD

Answer:

$12.90

Step-by-step explanation:

0.50*2=1 (taxes for both of them)

26.80 - 1=25.80(the tax being cut off)

25.80 divided by 2= 12.90(dividing the number without taxes with 2 getting the amount of the 2 cds without taxes)

Hope this helps and I am from your other question :)

Can someone please help me with ALL 5 QUESTIONS? You will receive 20 points and brainliest if you do so.

Answers

So question one I have B , question 2 is C, question 3 is B

i believe the first one would be b, secound c, and third b i believe

Nara wants to find the area of the base of her cooler. If she fills the cooler with 3 bags of ice and each bag of ice holds of [tex]3m^{3}[/tex] ice. She knows that her cooler is 4m tall. What is the area of the base?

Answers

Answer:

Step-by-step explanation:

A square sports court has an area of 120 square meters. What two perfect squares would the area of this court fall between?

Answers

3rd from the left side

A square sports court has an area of 120 square meters. The First two perfect squares would the area of this court fall.

What is the area of a square?

The area of a square can be calculated as the square of the sides of a given figure.

The area of a square = [tex]sides^{2}[/tex]

A square sports court has an area of 120 square meters. The two perfect squares would the area of this court fall.

The area of the first two squares = [tex]sides^{2}[/tex]

The area of the first squares = 10 x 10

= 100 sq. meters

The area of second squares = 11 x 11

= 121 sq. meters

Learn more about the area;

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How can 3.7 = x + (negative 5) be solved for x in one step?

Answers

Answer:

add five to 3.7

Step-by-step explanation:

aka 3.7+5=x

8.7=x

i think

Answer:

Add 5 to each side

Step-by-step explanation:

3.7=x-5

+5 +5

3.7+5=x

8.7=x

hope that helps

It takes Kim 8 hours to travel a distance of 360 miles. At this rate, how many miles does Kim travel in 12 hours

Answers

Answer:

3.75

Step-by-step explanation:

Which inequality is true?

Answers

Answer: The answer is -0.5<-0.25

Step-by-step explanation:

Order these three values from least to greatest. Explain or show your reasoning.
65% of 80
82% of 50
170% of 30

(Will give brainliest)

Answers

170% of 30
82% of 50
65% of 80

Answer:

82% of 50

170% of 50

65% of 80

Step-by-step explanation:

.82(50)=41

1.7(30)=51

.65(80)=52

Jake is offered a job at $800 for 4 days of work. He is offered another job that pays $950 for 5 days of work. Jake wants to know which job he should pick.

Answers

Answer:

he should choose the $800 for 4 days job.

Step-by-step explanation:

Jake should choose the job paying $800 FOR 4 days because $800/4 = $200 so each day he is making $200. While the other job is $950/5= $190 . He would be making $10 less at that other job.

PLZ HELP ME TO SOLVE THIS!

Answers

7. V= LWH

V= 3/4 x 3/4 x 3/4
V= 27/64 yd cubed

8. V = LWH

V= 10 1/2 x 16 1/2 x 6
V= 1039 1/2 ft cubed

9. Box A:
V=LWH
V=4 x 2 1/2 x 1/2
V= 5 ft cubed

Box B:
V = LWH
V=2 x 1 1/2 x 1 1/2
V= 4 1/2 ft cubed

So box A has a greater volume since 5 is greater than 4 1/2

Answer:

7. V= LWH

V= 3/4 x 3/4 x 3/4

V= 27/64 yd cubed

8. V = LWH

V= 10 1/2 x 16 1/2 x 6

V= 1039 1/2 ft cubed

9. Box A:

V=LWH

V=4 x 2 1/2 x 1/2

V= 5 ft cubed

Box B:

V = LWH

V=2 x 1 1/2 x 1 1/2

V= 4 1/2 ft cubed

So box A has a greater volume since 5 is greater than 4 1/2

Step-by-step explanation:

is 15% of greater then or less then 5

Answers

Answer: Yes

Step-by-step explanation:

Answer:

greater

Step-by-step explanation:

What does x=

what is the statement true or false.

Answers

Answer: X= -14

Step-by-step explanation:

2x-5x-6=36

3x-6=36

36+6 =42

-3x=42

42÷-3

X= -14

It’s X=-14 hopefully this helps you:)

what is 19 dived by 2/5
A 3 4/5
B 7 3/5
c 4 7 1/2
d 95

Answers

Answer:

Option C: 47 1/2

Step-by-step explanation:

19/0.4 = 47.5

Hope this helped! Have a nice day! :)

Answer: answer c

Step-by-step explanation: 4 7 1/2 hope

brainiest?

51 plus what equals 75

please help me with this

Answers

Answer:

So to solve this you subtract 51 from 75.

75-51=24

Andrew has 2 / 3 liter of juice. He wants to pour it into 6 smaller containers, putting the same amount in each container. How much juice should he put in each container?

SHOW YOUR WORK

Answers

Answer:

1/9

Step-by-step explanation:

Answer:

1/9

Step-by-step explanation:

2/3 ÷ 6 = 1/9

CHECK

1/9 × 6 = 6/9 which simplify's to 2/3

4325 divided by 3

please help me on this i will mark brainliest

Answers

Step-by-step explanation:

4325÷3=1,441.6666666667 will be rounded to 1442

Y varies directly as X , and Y=1.2 when X=1.6.

Answers

Umm one second I’ll get back to you when I get the answers

are you learning about this?

hopefully this example helps!!

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