Matt paid $450 in interest on a 15 month note for
$5600. Find the rate of interest paid.

Answers

Answer 1

Answer:

The rate is 6.43%

Step-by-step explanation:

Given

[tex]I = 450[/tex] --Interest

[tex]P = 5600[/tex] -- Principal

[tex]T= 15\ months[/tex] --Time

Required

Determine the rate

Using simple interest formula:

[tex]I = PRT[/tex]

Make R the subject

[tex]R = \frac{I}{PT}[/tex]

Convert time to years

[tex]T= 15\ months[/tex]

[tex]T =\frac{15}{12}\ years[/tex]

[tex]T =1.25\ years[/tex]

Substitute values for I, P and T

[tex]R = \frac{450}{5600*1.25}[/tex]

[tex]R = \frac{450}{7000}[/tex]

[tex]R = 0.0643[/tex]

Convert to percentage

[tex]R = 0.0643*100\%[/tex]

[tex]R = 6.43\%[/tex]


Related Questions

Can someone help me
With this ? Thanks so much

Answers

Answer:

The 2nd one should be right

Step-by-step explanation:

prove me wrong

if w is the cube root of unity

(x-wy+w^2z)/(y+wz+w^2z)


only correct ans allowed wrong ans will be reported

Answers

Answer:

are you sure

Step-by-step explanation:

bro i am trying to answer your question

Jacob won 62 super bouncy balls playing
horseshoes at the county fair. At school he
gave two to every student in his math class. He only has 2 remaining. How
many students are in his class?

Answers

Answer:

30

Step-by-step explanation:

62 = 2x + 2

62 - 2 = 2x

60 = 2x

x = 30

given the segments as shown for what value of x is the figure a rectangle
A. 5.
B. 7
C. 3
D. 9

Answers

Answer:

[tex]x = 7[/tex]

Step-by-step explanation:

Required

Determine the value of x

The diagonals of a rectangle are equal.

So:

[tex]x + 5 + 2x -2 = 3x -9+4x - 16[/tex]

[tex]x + 2x + 5 - 2 = 3x +4x - 9 - 16[/tex]

[tex]3x + 3 = 7x -25[/tex]

Collect Like terms

[tex]3x-7x=-25-3[/tex]

[tex]-4x=-28[/tex]

[tex]x = \frac{-28}{-4}[/tex]

[tex]x = 7[/tex]

Which direction will the box move in the diagram below?


A.It will move to the left.
B.It will move to the right.
C.It will not move.
D.It will move up.

Answers

Answer:

B.it will move to the right.

Answer: B) It will move to the right

Explanation:

We have 5 newtons of force pushing to the right, and 3 newtons of force pushing to the left. We can place the positive direction on the right hand side and the negative direction on the left.

This means we can think of "3 newtons of force to the left" as the integer -3

That way we can then add 5 to -3 getting 5+(-3) = 2. The result is positive, meaning the net force is pushing to the right. Specifically, 2 newtons of force are pushing to the right.

It's like saying there are 5 people pushing to the right and 3 pushing to the left. From each side, 3 people will pair up and they'll cancel each other out. The 2 extra people pushing right will ultimately win out.

You need to make 13 servings of fried fish. Each serving takes 7.5 ounces of flour. How many ounces of flour do you need?

Answers

Answer:

77,5

Step-by-step explanation:

13

. 75

_____

65

71

_____

77,5

Ted has a part-time job.
He is paid £7.90 per hour.
Last week he worked for 15/2 hours.

Work out Ted's total pay for last week.​

Answers

118.50 cents if I’m correct

Answer:

The answer is 122.45

Step-by-step explanation:

So basically we know that he worked 15 and 1/2 hours

He gets paid £7.90 for every hour he works

7.90  × 15 = 118.5

Then you do half of £7.90 which is £3.95 because he worked 1/2 hours half of 60 minutes is 30 minutes that why you half £7.90.

You add 118.5 + 3.95 = £122.45

and that your answer

PLEASE ANSWER ASAP FOR BRANLEST!!!!!!!!!!!!!!!
Solve the equation
1/3t - 8 = -6
what is t?

Answers

Answer:

t=6

Step-by-step explanation:

your welcome :)

Answer:

I believe that the answer is 6  

Step-by-step explanation:

Because I got it right

Pls answer ASAP I will give brainliest answer

Answers

Answer:

34.328125

Step-by-step explanation:

Sarah wants to raise her math grade to a 98 to improve her chances of winning a math scholarship. Her math average for the last marking period was an 85. By what percentage of points must Sarah raise her grade to earn a 98? No, the answer is not 13%.
Question 1 options:

approximately 15%


approximately 14%


approximately 13%


approximately 12%

Answers

the answer would be approximately 12%

(11.765% rounded up is 12%)

84.5 divided by 6261.45

Answers

Answer:

74.1

Step-by-step explanation:

Does this graph show a function? Explain how you know.

Answers

Answer:

A

Step-by-step explanation:

It may look like it failed but it didn't. Nun of the points duplicate

Can someone help me find the perimeter of this

Answers

Answer:

Perimeter is 60.4 + 4x

Step-by-step explanation:

12.2 + 12.2 + 4(x+9)

= 24.4 + 4x + 36

= 60.4 + 4x

Answer:

2/5 • (151 + 10x )

Step-by-step explanation:

(This is going to be a long one so i apologize in advance)

First, you need to simplify the equation you're given for this particular shape by collecting terms and calculating the sums:

12.2 + x + 9 + x + 9 + 12.2 + x + 9 + x + 9

61/5 + x + 9 + x + 9 + 61/5 + x + 9 + x + 9

122/5 + 4x + 36

2/5 • (61 + 5 • 2x + 5 • 18)

2/5 • (61 + 10x + 90)

2/5 • (151 + 10x )

[tex]Y= x + 15[/tex]

Answers

X=-15,-15+y Y=15

Hope this helps

Have a great day/night
X is a ghost number which means it is considered alone so it’s just 15

On a recent survey, 60% of those surveyed indicated that they preferred taking a trip to the beach over a trip to the mountains. If 810 people preferred a trip to the mountains, how many preferred a trip to the beach?
Question 2 options:

1) 810


2) 1,215


3) 1,350


4) 2,025

Answers

Answer:

answer is 1350

Step-by-step explanation:

I have seen this question before.

These are so annoying

Answers

Answer:

a=4

b=6

perimiter=38

Step-by-step explanation:

you take the side lengths by it and you can subtract and stuff then you add them all up to find the perimeter

Answer:

3-9=6 and 6-10=4

Step-by-step explanation

part of b is cut by 3 as u can see above and 9 is at the bottom on which the part is cut, as for the other one 10 is the main line and is cut by 6. so u just have minus the main line aka the long line by a parallel line next to it

You are running a concession stand at a basketball game. You are selling hot dogs and
sodas.Each hot dog costs $1.50 and each soda costs $ 0.50. At the end of the night, you made a total of
$78.50. You sold a total of 87 hot dogs and sodas combined. You musſt report the number of hot dogs
sold and the number of sodas sold. How many hot dogs were sold and how many sodas were sold?

Answers

Answer: 52

Step-by-step explanation: Friend me and yes that is right!

Simplify these expressions
2a + 5a
12x-3x
3p+2p-p

Answers

Step-by-step explanation:

1.solution

=2a+5a

=7a

2.solution

=12x-3x

=9x

3.solution

=3p+2p-p

=5p-p

=4p

Hope it helps you.

Hey there!

1. “2a + 5a”

COMBINE your LIKE TERMS

2 + 5 = 7

So this means that: 2a + 5a has to equal 7a

Answer: 7a ☑️

2. “12x – 3x”

COMBINE your LIKE TERMS

12 – 3 = 9

So that means 12x – 3x has to equal 9x

Answer: 9x ☑️

3. “3p + 2p – p”

Side note: “P” by itself is understood as 1

Equation: 3p + 2p – 1p

COMBINE your LIKE TERMS

3p + 2p – 1p

3 + 2 = 5

Which makes 3p + 2p have to equal to 5p

5 – 1 = 4

So this means that 5p – 1p has to equal to 4p

Answer: 4p ☑️

Good luck on your assignment and enjoy your day!

~LoveYourselfFirst:)

60 minutes equal to how many hours​

Answers

Answer:

One hour

Step-by-step explanation:

Sixty minutes is one hour. Hope I helped you out.

Answer:

1 hour

Step-by-step explanation:

60 seconds = 1 minute

60 minutes = 1 hour

Lil Pump = Forever

A submarine's descent was a change in depth of -6 feet per minute. At this
rate, how much time would it take the submarine to reach a level of 750 feet
below sea level?

Answers

125 minutes. have a great day!

4x-4y+4z=8
9x+3y+z=6
16x+4y+z=2

Answers

9514 1404 393

Answer:

  (x, y, z) = (-1, 3, 6)

Step-by-step explanation:

The augmented matrix for the system is ...

  [tex]\left[\begin{array}{ccc|c}4&-4&4&8\\9&3&1&6\\16&4&1&2\end{array}\right][/tex]

Your graphing or scientific calculator can tell you the solution to this system is ...

  (x, y, z) = (-1, 3, 6)

__

If you want to solve this by hand, it can work well to divide the first equation by 4 to get ...

  x -y +z = 2

This can be subtracted from the other two equations to eliminate z.

  (9x +3y +z) -(x -y +z) = (6) -(2)  ⇒  8x +4y = 4

  (16x +4y +z) -(x -y +z) = (2) -(2)  ⇒  15x +5y = 0

These two equations can be reduced to standard form:

2x +y = 13x +y = 0

Subtracting the first equation from the second, we have ...

  (3x +y) -(2x +y) = (0) -(1)  ⇒  x = -1

Substituting into the first gives y:

  2(-1) +y = 1

  y = 3 . . . . . . . add 2

Then we can find z from the reduced first equation above:

  z = 2 -x +y = 2 -(-1) +3 = 6

Then the solution is (x, y, z) = (-1, 3, 6).

Oh my god please help.

Answers

Answer:

its A

Step-by-step explanation:

Answer:

A

Step-by-step explanation:A would be the correct answer because for 1 cup   there is 1 1/2 teaspoons. For b one cup of water would have 1/4 a teaspoon of powder and same for c so the ANSWER IS A!!!

A=
B=
Blank 1:
Blank2:

Answers

Answer:

a=3,b=1

Step-by-step explanation:

In a parallelogram opposite sides are equal/congruent.

Using this, we know that 3a-4=a+2 and b+1=2b

1st equation:

3a-4=a+2

-a       -a

2a-4=2

   +4 +4

2a=6

a=3

2nd equation:

b+1=2b

-b     -b

b=1

a=3, b=1

the following two ratios form a proportion 4/5 and 8/10. true or false (I need quick answers pls)

Answers

Answer:

this is true because you can divide 8/10 by 2 and you get the same number 2/5 and sorry for my english

The answer is true jfkfiejrjdjhdururhebdbrjdjbdbdjdhfjfhfudhdhdhdhhfhfhrh

the height of 12 students
are as below &
159, 148, 138, 150, 165, 166, 145, 152 155 160 147, 151
the mean, the median and the mode​

Answers

Answer:

Mean = 153

Median = 151.5

Mode = 159, 148, 138, 150, 165, 166, 145, 152, 155, 160, 147,

Step-by-step explanation:

Mean - add all numbers up (1820) then divide by 12

Median - put numbers in order, add two middle numbers and divide by 2

Mode - each number only came up once so they are all the mode

Multiple-choice questions
Tick the correct answer to each of the questions below.
1 When selling a product to your client it is important to:
a make sure it is the most expensive
b give good advice on how to use it
c make sure the sale is quick
d put it in an attractive bag
2 Always having retail products in stock is one way of:
a spending a lot of money on stock
b making more money
c leaving the salon vulnerable to theft
d keeping clients happy
3 Communication occurs between people through:
a body language and speech
b talking to the client in consultation
c verbal, non-verbal and written forms
d verbal and written forms

Answers

Answer:

1. B

2.D

3.D

Don't hold me to my answers, they are just the best answers and i have experience with these things. I hope this helps

Answer:

1=b

2=b

3=c

Step-by-step explanation:

I HOPE THIS HELPED

IF WRONG IM SORRY HAVE A WONDERFUL WEEK:)

Sun estimated the quotient of -23.514 and -3.98 by rounding each to the nearest integer. Which equation shows the correct estimation?

-23.514÷-3.98

O -24÷-4=6
O -24÷4=-6
O 24÷3=8
O 24÷-3=-8

Answers

Answer:

A

Step-by-step explanation:

because if you are rounding to the nearest integer that means that -23.514 would be -24 and -3.98 would be -4 and negative divided by a negative is a positive

Answer:

A

Step-by-step explanation:

Cumulative Exam 2021

Merry Christmas <3

P.S. Have a good winter break :)

can somebody pls help me solve this question?

Answers

Answer: Im pretty sure its G

Step-by-step explanation:

What is the value of​ x? (trignonometry) WILL give branliest if its delivered in time

Answers

Answer:

x+x+64=180

2x+64=180

2x=116

x=58

A sample of n = 4 scores has SS = 48. What is the estimated standard error for this sample? Group of answer choices

Answers

Answer:

2

Step-by-step explanation:

We have

n = 4 scores

SS = 48

For this question, we are required to find the estimated standard error

To get this, we first solve for the variance

S² = SS/n-1

= 48/4-1

= 48/3

= 16

Then S² = 16

S = √16

S = 4

Then the estimated standard error is given by:

S/√n

= 4/√4

= 4/2

= 2.

The estimated standard error is 2.

Other Questions
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