You borrow $350 from your aunt and agree to repay her $400 ($350 principal + $50 interest) in 18 months. What interest rate (using simple interest, and to the nearest tenth) are you paying?

Answers

Answer 1

Answer:

The interest rate is 0.79% per month.

Step-by-step explanation:

Present value of borrowed amount = $350

Future value of borrowed amount = $400

Interest amount = $50

Time duration = 18 months or 1.5 years

Now we have to find the rate of interest by using the above information. Here below is the calculation of interest rate.

Interest rate =  P×R×T

50 = 350 × R×18

R = 0.007936

Or, R = 0.79% per month.


Related Questions

In 2003 the population of an African country was about 15 million people which is 1 million more than four times the population in 1950 enter in so many equation to find the approximate population P ( in millions) in 1950

Answers

Answer:

3,500,000

Step-by-step explanation:

1. 15,000,000 - 1,000,000 = 14,000,000

2. 14,000,000 divided by 4 = 3,500,000

Hopefully this helps you:)

How many eight-digit numbers can be formed if the leading digit cannot be zero and the last number cannot be 1 ?

Answers

Answer:

128 unique numbers

Step-by-step explanation:

Since only 0 and 1 are to be used, an 8 digit number will have a leading 1. The rest 7 places are free to be either 0 or 1

At Emily’s closet 1/3 of the cloths are white and 1/5 are black what. What fraction of Emilly’s clothes are black and white ?

Answers

8/15

Since 1/5 and 1/3 have different denominators, they cannot be added directly.Multiply the denominators (5×3=15)Multiply each with the other denominator 3×(1/5)=3/15, 5×(1/3)=5/15Now, 3/15 +5/15=8/15

Answer:

5/8

Step-by-step explanation:

Solve
for x.
9x-7=-7 I need the steps please

Answers

Answer:

x=0

Step-by-step explanation:

9x-7=-7

Add 7 to each side

9x -7+7 = -7+7

9x = 0

Divide each side by 9

9x/9 = 0/9

x = 0

Answer: x = 0

Step-by-step explanation:

9x -7 = -7       First add 7 to both sides

    +7    +7  

9x =  0     Now divide both sides by 9

x = 0

what is 30 + 8h = 50 + 6h ​

Answers

Answer:

h=10

Step-by-step explanation:

30 + 8h = 50 + 6h

8h-6h=50-30

2h=20

h=10

Answer:

Answer:

h=10

Step-by-step explanation:

Step-by-step explanation:

30 + 8h = 50 + 6h

8h-6h=50-30

2h=20

h=10

6x-9+4x=6-2x=4 this is solving for x

Answers

Steps to solve:

6x - 9 + 4x

~Combine like terms

(6x + 4x) - 9

~Simplify

10x - 9

Best of Luck!

Andrew went to the store with $200.00. He bought 2 pair of shorts for $25.00 each, he bought 3 shirts for $22.00 each, and he bought a pair of jeans for $25. How much money did he have left? Choose the correct solution.

Answers

200-(25•2)=150
150-(22•3)=84
84-25=59
Andrew has $59 left

Answer:

the answer is 59

Step-by-step explanation:

25×2=50

3×22=66

50+66=116

then you add 25 to 116=141

200-141=59

so he had left 59 dollars at the end

Eddie Foster packs and seals pens at rate of $0.235 per pack. At the end of his eight-hour
shift, Foster has packed and sealed 480 packs of pens. How much did he earn?

Answers

Answer:

$112.80

Step-by-step explanation:

If he earns $0.235 per pack, and there are 480 packs, then our equation is:

0.235 x 480 = $112.80

The amount of money earned by Eddie for packing and sealing packs of 480 pens is $112.8

What is unitary method?

The method in which first we find the value of one unit and then the value of the required number of units is known as the Unitary Method.

According to the given question.

Amount of money charged by Eddie for packing and sealing a pack of pens = $0.235

Therefore,

The amount of money charged by Eddie for packing and sealing packs of 480 pens

= 480 × $0.235

= $112.8

Hence, the amount of money earned by Eddie for packing and sealing packs of 480 pens is $112.8

Find out more information about unitary method here:

https://brainly.com/question/22056199

#SPJ3

Help please!!

Which edges are perpendicular to PR

Select each correct answer
TR
QT
RA
TJ
HP

Answers

I think it’s QT EJ and HA

Answer:

QT. . . . . . . . . . . . . . . I think

PLZ HELP!!!

which of the following functions is graphed below

(look at picture above)

Answers

Answer:

The answer is A.

Help............................

Answers

Answer:

0

Step-by-step explanation:

Degree of a term is known as the power of the variable. As the constant term has no variable , the degree of the constant term is 0.

Here 7 is a constant term. As 7 doesn't have any variable , it can be also written as:-[tex]7 = 7x^0[/tex]

And here the power of [tex]x^0\\[/tex] is 0 , so the degree is 0.

The function f(x) = |x| is graphed over the interval [−6, 3].
Which translation of the graph has the domain [−3, 6]?

Answers

Answer: g(x)=lx-3l

Step-by-step explanation:

g(x) = |x − 3| is the translation of the graph has the domain [−3, 6]. Therefore, option D is the correct answer.

Given that, the function f(x) = |x| is graphed over the interval [−6, 3].

We need to find which translation of the graph has the domain [−3, 6].

What is a domain?

The domain of a function is the set of all possible inputs for the function.

g(x) = |x − 3| graph has the domain [−3, 6].

Therefore, option D is the correct answer.

To learn more about the domain visit:

https://brainly.com/question/28135761.

#SPJ5

Kerrie is tiling the floor of a kitchen. The kitchen floor measures 11.3 feet by 9.25 feet. She orders enough tiles for 99 square feet. Which statement about the amount of the tiles is correct?

Answers

This question is not complete

Complete Question

Kerrie is tiling the floor of a kitchen. The kitchen floor measures 11.3 feet by 9.25 feet. She orders enough tiles for 99 square feet. Which statement about the amount of tiles is correct?

a) Kerrie estimated correctly by rounding down. She has enough tile. The exact area is 104.5 square feet.

b) Kerrie estimated correctly by rounding up. She has enough tile. The exact area is 104.5 square feet.

c) Kerrie did not estimate correctly by rounding up. She does not have enough tile. The exact area is 104.5 square feet.

d) Kerrie did not estimate correctly by rounding down. She does not have enough tile. The exact area is 104.5 square feet.

Answer:

a) Kerrie estimated correctly by rounding down. She has enough tile. The exact area is 104.5 square feet.

Step-by-step explanation:

In mathematics we have what is defined as rounding up and rounding down.

Rounding up of numbers is when the number you want to round up is followed by number from 5 to 9(5, 6, 7, 8, 9)

E.g. 2.5 rounded up to the nearest whole number = 3

Rounding down of numbers is when the number you want to round up is followed by number from 1 to 4(1, 2, 3, 4)

E.g. 2.4 rounded down = 2

We are told in the question

Kerrie is tiling the floor of a kitchen. The kitchen floor measures 11.3 feet by 9.25 feet. She orders enough tiles for 99 square feet.

Kitchen floor is rectangular = Area = Length × Width

= 11.3 × 9.25 feet

= 104.525 square feet

We are told that Kerrie ordered for 99 square tiles.

But looking at the decimal, the number after the decimal are between 1 and 4.

Hence, she would be rounding down.

If Kerrie rounds down to the nearest whole number

11.3 feet = 11 feet

9.25 feet = 9 feet

Finding the area = 11 feet × 9 feet

= 99 square feet

Therefore, the correct statement = option a) Kerrie estimated correctly by rounding down. She has enough tile. The exact area is 104.5 square feet.

Answer:

104.05

Step-by-step explanation:


[tex]3x + 4(x + 1) = x + 2(x + 3)[/tex]
I keep trying this and get it wrong each time Helpp!!!​

Answers

It would be 1/2 and in decimal form it’d be 0.5

if f(x) = -3x+4 and g(x) = 2, solve for the value of x for which f(x) = g(x) is true.

Answers

Answer:

x=1

Step-by-step explanation:

you have -3x+4  and your left with  one whole number when you put -3 and 4 together

3. Points A, B, C, D, E, and F are integers. Use the clues to put the points in order
from least to greatest. You don't need to solve the numbers themselves!
• D is greater than E.
• B is greater than C.
• A is less than E.
• is greater than D.
• is less than E.
• A is less than F.
Points in order:

Answers

BCDEFA is the correct answer

Order the set of numbers from least to greatest:

Answers

- 31/6 , -26 square rooted, -5, - 5/6

Jenny says the formula for finding the area of a triangle is . Chris says the formula for finding the area of a triangle is . Who is correct?

Answers

Answer:

A= (1/2)b*h

Step-by-step explanation:

The question is incomplete, the question does not state the claims of both Jenny and Chris.

though we can still move on to answer as the area of a triangle is expressed as

Area= half base time hight (pronounced)

and stated mathematically as

A= (1/2)b*h

the ideal of the area of a triangle is taken from the area of the rectangle divided into two from the diagonal to form two triangles

the area of a rectangle (shown in the attachment ) = b*h

now since the rectangle consists of two half triangle,

one triangle will have its area to be half the area of the rectangle

hence

area of the rectangle = (1/2)b*h

kindly find the attachment for your reference

Help please Is this correct?, I don't know if I did this right.

Answers

Answer: Infinitely many solutions

Any real number works for x

==============================================

Work Shown:

[tex]6 - 2x - 1 = 4x+5 - 6x\\\\-2x+6 - 1 = 4x - 6x+5\\\\-2x+5 = -2x+5[/tex]

We get the same identical expression on both sides. So plugging any number in for x leads to getting the same number on both sides.

-----------

For instance, if x = 0,

[tex]-2x+5 = -2x+5\\\\-2(0)+5 = -2(0)+5\\\\5 = 5\\\\[/tex]

which is a true statement. The same happens when we plug x = 0 into the original equation

[tex]6 - 2x - 1 = 4x+5 - 6x\\\\6 - 2(0) - 1 = 4(0)+5 - 6(0)\\\\6 - 0 - 1 = 0+5 - 0\\\\5 = 5\\\\[/tex]

Which expression can be used to convert 22 Australian dollars to US dollars? Assume 1.2 Australian dollars equals 1 US dollar. hellllp

Answers

Answer:

$22 aud x 1usd/1.2 Aud

Answer:

13.32 US Dollars

Step-by-step explanation:

22 divided by 1.2 is 18.33333333

round that to 18.3 then work out the us dollars to the australian dollars and you get 13.32

A researcher interested in vocabulary development obtains a sample of twenty 3-year old children to participate in a research study. The average (i.e., mean) score for the group of 20 is an example of a(n)___________.
a) sample
b) statistic
c) population
d) parameter

Answers

Answer: b) statistic

Step-by-step explanation:

Population = A large groups of individuals sharing the same or similar characteristic by the point og study.Sample  = It is a subset of population .Parameter = It is measure of characteristic in population.Statistic =  It is measure of characteristic in sample.

Since the average score was taken by the group of 20 which is nothing but the sample.

That means, the average score is an example of statistic.

Hence, the correct option is b) statistic .

Slope intercept, show work I don't how to get it

Answers

Answer:

1) start with the point slope form y-y1=m(x-x1) and solve for y. y-8=2(x-6) so y-8=2x-12, add 8 to end up with y=2x-4. 2) start with slope intercept form and solve for b, then substitute that back in: y=mx + b, so 8=2(6)+b, 8=12+b, subtract 12 to get b=-4, therefore equation is y=2x-4.

Step-by-step explanation:

those are steps and explanation but the theres an example i put in there to

The point-slope form of the equation of the line that passes through (-4, -3) and (12, 1) is y-1 = 1/4 (x - 12). What is the standard form of the equation for this line?

a) x-4y=8
b) x-4y=2
c) 4x-y=8
d) 4x-y=2​

Answers

Answer:

i honestly dont know

Step-by-step explanation:

c is the answer to this question

What’s the answer ???

Answers

Answer:

2 Liters

Step-by-step explanation:

.25 liters=1/8 fish aquarium

.25x8=2

HELP!!!!!!! The square in the middle has an area of 1 square unit. What is the area of the entire rectangle in square units? Explain your reasoning.

Answers

Answer:

  4 square units

Step-by-step explanation:

If you draw a vertical line down the middle of the square, you divide it into two triangles that are congruent to the smaller triangles shown in the figure. Hence each of those triangles has an area of 1/2 square unit.

After you have divided the square as above, you see that two smaller triangles are identical in area to the larger triangles. So, each of those has an area of 2(1/2) = 1 square unit.

Then the total of areas is ...

  2 small triangles + square + 2 large triangles = 2(1/2) + 1 + 2(1) = 4

The area of the rectangle is 4 square units.

WILL MARK BRAINLIEST
Given a||b and c is not parallel to a or b which statement must be true?
(Picture)

Answers

Answer:

m4=m8

Step-by-step explanation:

Answer:

I took the test g

Step-by-step explanation:

m 2=7 and m 4=8



Simplify: -0.8b + 4.1c - (-3.2b) - 0.1c

Answers

Answer:

[tex] - 0.8b + 4.1c + 3.2b - 0.1c = 4c + 2.4b[/tex]

if f(x) = x - 2, what is f(-1)? ​

Answers

Answer:

-f

Step-by-step explanation:

Why do you need to apply a force in order to get the box to move

Answers

Answer:

The reason one must apply a force to a box in order for the box to move is to overcome the friction generated by the box against the plane the box is sitting.

The box at rest has zero friction against the surface on which it sits.  Once a force is applied, a box's movement is resisted by the friction created from contact with the surface.

In order for the box to move, one must generate more force than is being generated by the friction of the surface onto the box, allowing the box to move.

Cheers.

A toy company spends $1900 for factory expenses plus $11 per toy truck (t) to make each toy truck. The trucks (t) sell for $30 each. What is the equation in terms of (t).

Answers

Answer:

P(t) = 19t - 1900

Step-by-step explanation:

The factory expenses = $1900

Per toy expense = $11

The selling price of toy = $30

Now we have to convert it in the equation form. Use the below formula to convert these values in equation form.

Profit = Total revenue – total cost

Profit = TR – (variable cost + fixed cost)

Profit on truck = 30t – (11t + 1900)

Profit = 30t – 11t – 1900

P(t) = 19t - 1900

Other Questions
Use the quotations below to help choose the adjective that best describes each character. Squeaky: "You got anything to say to my brother, you say it to me, Mary Louise Williams of Raggedy Town, Baltimore." Mr. Pearson: "Well, Hazel Elizabeth Deborah Parker, going to give someone else a break this year?" Cynthia Procter: "A good thing you got 'receive,' Squeaky, cause I would have got it wrong. I completely forgot about the spelling bee." According to the U.S. Census Bureaus Current Population Survey, the mean and median 2014 income of people aged 25 34 years who had a bachelors degree but no higher degree were $ 44,167 and $ 51,754. Which of these numbers is mean and which is the median? Explain. A. The median is $51,754 and the mean is $44,167. This is because economic variables which pulls the median above the mean. B. The mean is $51,754 and the median is $44,167. This is because economic variables are usually skewed to the right, which pulls the mean above the median. C. The median is $51,754 and the mean is $44,167. This is because economic variables are usually skewed to the right, which pulls the median above the mean. D. The mean is $51,754 and the median is $44,167. This is because economic variables are are usually skewed to the left, usually skewed to the left, which pulls the mean above the median. Elen holds 1,000 shares of fizbo inc. stock that she purchased 11 months ago. the stock has done very well and has appreciated $20/share since helen bought the stock. when sold, the stock will be taxed at capital gains rates (the long-term rate is 15 percent and the short-term rate is the taxpayer's marginal tax rate). ignore the time value of money. Ma seur estO beauObelO belleO belles (Chemical Manufacturing) A chemical manufacturer produces a certain chemical compound every Sunday, which it then sells to its customers on Monday through Saturday. The company earns a revenue of $80 per kg of the compound sold. Each kg manufactured costs the company $40. If any of the compound goes unsold by Saturday night, it must be destroyed safely, at a cost of $15 per kg. The total demand for the chemical compound throughout the week has a normal distribution with a mean of 260 kg and a standard deviation of 80 kg.a) How much of the chemical compound should the company produce every Sunday?b) What is the expected cost (including manufacturing cost, lost profit, and disposal cost) per week? A teacher cut an apple into three wedges of the same size.She dipped one wedge in lemon juice, dipped another inwater, and left one alone. Then she left the wedges on apaper towel on her desk. After 1 hour, only the wedge thathad been dipped in lemon juice was still yellow. The othertwo wedges had turned brown.What is the responding variable in this experiment? Well, when Wiley got himself home, safe, he told his mama that the Hairy Man had almost got him that time. Hairy Man would have, too, but that he pretended to pray and called his hounds instead and the hounds run the Hairy Man off. "Did he have his sack?" his mama asked Wiley. "Yesum," Wiley said. "Next time he come after you, don't you climb some tree," said his mama. What theme is suggested by this excerpt? Use inverse operations to find the inverse of y = 27x?The inverse of y = 27x3 is y = Is it a desired benefit? Explain why it is or is not a desirable benefit. is saliva a element compound or mixture Write 75% as a decimal Bill Buckely has split-limit 50/100/20 automobile liability insurance on his 2012 Subaru. Driving home from work in a snowstorm, he hit a Mercedes, slid into a guardrail, and knocked down a telephone pole. Damages to the Mercedes, the guardrail, and the telephone pole were $17,603, $3,136, and $9,659 respectively. How much will Bill's insurance company pay? How much will Bill be required to pay directly? Problem 11.a. Use addition or subtraction to rewrite the equation.13 POINTSEnter the new equation as your answer.7x - 3 = -17Enter your answer2.b. Use multiplication or division to rewrite the equation that you entered as an answer in part a.Enter the new equation as your answer. *(1 Point)Enter your math answer -2 + 2 = Need help with this asap What was the first animal to orbit the earth?NEED HELP ASAP Who is the step-father to the constitution? Why? How many solutions does the equation 4x + 2(x 5) = 3(2x 4) have? Group of answer choices infinitely many solutions no solution at least two solutions exactly one solution Using Accuracy and Precision-vani is building a rectangular play area. The length ofme play area is 75 meters. The width of the play area is- 3 meters. If she wants to cover the area in foam, howmuch foam does she need to buy?Due to the accuracy of the tape measure Avani usedthe amount of foam needed to cover the play area is38.9 square meters The behaviorist approach to psychology emerged as a response to whatpractices by other psychologists of that era? Nick's class did an experiment. They put the same amount of water into four paper cups. To start the temperature was the each cup They put the cups in four different places They left them for thirty minutes, Next they used a thermometer to find the temperature of each cup of water. Predict which location should have the highest temperate