A business just took out a loan for $100,000 at 10% interest. If the business pays the loan off in three months, how much did the business pay in interest?

Answers

Answer 1

Answer:

$2,500

Step-by-step explanation:

The amount the business pay in interest can be calculated using the sinple interest formula as shown:

Simple Interest = Principal × Rate × Time/100

Given Principal = $100,000 (Loan)

Rate = 10%

Time (in years) = 3months = 3/12 years

Substituting the parameters into the formula we will have;

SI = 100,000×10×3/12×100

SI = 1000×30/12

SI = 30,000/12

SI = $2,500

Therefore the business pays an interest of $2,500


Related Questions

Pls help me with the answer and explanation

Answers

Answer:

10

Step-by-step explanation:

Calculate the length using the distance formula

d = [tex]\sqrt{(x_{2}-x_{1})^2+ (y_{2}-y_{1})^2 }[/tex]

with (x₁, y₁ ) = (- 3, - 4) and (x₂, y₂ ) = (5, 2)

d = [tex]\sqrt{(5+3)^2+(2+4)^2}[/tex]

   = [tex]\sqrt{8^2+6^2}[/tex]

   = [tex]\sqrt{64+36}[/tex]

   = [tex]\sqrt{100}[/tex] = 10

PLEASE HELP WILL MARK AS BRAINLIEST

Answers

Answer:

[tex]\boxed{\bold{\huge{\boxed{Area\ of\ Trapezium = 150\ cm\²}}}}[/tex]

Step-by-step explanation:

Using Pythagorean Theorem first to find EC

[tex]\sf CB^2 = EB^2+EC^2\\Where \ CB = 13 \ and \ EB = 5 \\13^2 = 5^2 + EC^2 \\169 - 25 = EC^2 \\EC^2 = 144\\Taking \ sqrt \ on \ both \ sides\\EC = 12 \ cm[/tex]

Given that:

AE = EC

AE = 12 cm

Now,

AB = AE + EB

AB = 12 + 5

AB = 17 cm

ABCD is a trapezoid / trapezium

So,

Area of Trapezium = [tex]\sf \frac{AB+DC}{2} (EC)[/tex]

Where AB = 17 , DC = 8 and EC = 12

Area of Trapezium = [tex]\sf \frac{17+8}{2} ( 12)[/tex]

Area of Trapezium = (25)(6)

Area of Trapezium = 150 cm²

An angle measures 50° less than the measure of its complementary angle. What is the measure of each angle?

Answers

Answer:

20° and 70°

Step-by-step explanation:

Complementary angles sum up to 90°.

The angle = x

Its complement = x + 50

x + x + 50 = 90

2x = 40

x° = 20°

20+50=70

Answer: 70°  and 20°

Step-by-step explanation:

Complementary angles add up to 90 degrees  and we now that one angles measure is 50 degrees less than the other. So we can represent it by the expression   x = y -50    where x  and y are the two angles. We don't the value of y so it will be just y .

Now we know that if we add them,they will equation 90 degrees so we can represent it by the equation,

y + y-50 = 90  Now solve for y

2y - 50 = 90  

      +50  +50

2y = 140

y = 70  

Now we know one angles is 70 degrees and the other is 50  less than it so the other angle will be   70 - 50 = 20  

Aaliyah bought 23 chicken wings for $39.10. If Aaliyah spent $32.30, how many chicken wings did she buy?​

Answers

Answer:

19 chicken wings

Step-by-step explanation:

For $39.10=23 chicken wings

For $1=23/39.10 chicken wings

For $32.30=23/39.10 x 32.30= 19 chicken wings

The person that answer is right

Simplify: 6 ÷ 3 + 32 · 4 − 2

Answers

Answer:

Use PEMDAS.

Parentheses: none.

Exponents: none.

MD, from left to right

6/3 = 2

2 + 32 x 4 - 2

32 x 4 = 128

2 + 128 - 2

2 + 128 = 130

130 - 2 = 128

PLEASE MARK BRAINLIEST SO EVERYONE CAN SEE

Answer:

36

Step-by-step explanation:

Write an equation for a line that is parallel to 2x+5y=15 and passes through the point (-10, 3)​

Answers

Answer:

The equation of the line is,

[tex]y = - \frac{2}{5} x - 1[/tex]

Step-by-step explanation:

First, you have to write it in a form of y = mx + b :

[tex]2x + 5y = 15[/tex]

[tex]5y = 15 - 2x[/tex]

[tex]y = 3 - \frac{2}{5} x[/tex]

[tex]y = - \frac{2}{3} x + 5[/tex]

When both lines are parallel to each other, they will have to same gradient value. So the equation of the line is y = (-2/5)x + b. Next, you have to find the value of b by substutituting (-10,3) into the equation :

[tex]y = - \frac{ 2}{5}x + b [/tex]

[tex]let \: x = - 10,y = 3[/tex]

[tex]3 = - \frac{2}{5} ( - 10) + b[/tex]

[tex]3 = 4 + b[/tex]

[tex]3 - 4 = b[/tex]

[tex]b = - 1[/tex]

Answer:

the equation of a parallel line is : y=-2/5 x -1

Step-by-step explanation:

2x+5y=15

put the equation in the form of y=mx+b

2x+5y=15

5y=15-2x

y=15/5-2/5 x

y=-2/5 x+3

parallel lines has the same slope : m=-2/5

passes through point (-10,3) find b

y=-2/5 x +b

3=-2/5(-10)+b

3=20/5 +b

3=4+b

b=3-4

b=-1

the equation of a parallel line is : y=-2/5 x -1

James wrote a number in which the digit 6 represents 6 hundredths. If he wants the value of the digit 6 in his next number to be 10 times smaller, where should he place the decimal point?

Answers

Answer:

Step-by-step explanation:

He would put it in the thousandths digit.

0.06 = 6 hundredths

0.006 =  6 thousandths

Two forces are given by j = (-2,1] and K = (-5,3), in
Newtons. What is the magnitude of j+k ?

Answers

Answer:

[tex]\sqrt{65}[/tex]

Step-by-step explanation:

The magnitude of a vector < x, y > is calculated as

| < x, y > | = [tex]\sqrt{x^2+y^2}[/tex]

Thus

j + k = < - 2, 1 > + < - 5, 3 > = < - 2 - 5, 1 + 3 > = < - 7, 4 >

Then

| < - 7, 4 > | = [tex]\sqrt{(-7)^2+4^2}[/tex] = [tex]\sqrt{49+16}[/tex] = [tex]\sqrt{65}[/tex]

D is between C and E, CD = x 2 , CE = 32-2x, and DE = 12x. Find CD, DE, and CE.

Answers

Answer:

CD = 4DE = 24CE = 28

Step-by-step explanation:

The segment addition theorem tells you ...

  CD +DE = CE

  x^2 +12x = 32 -2x

Subtract the right side to put this in standard form.

  x^2 +14x -32 = 0

  (x +16)(x -2) = 0

  x = -16 or 2

In order for DE to have a positive length, we must have x > 0. So ...

  CD = x^2 = 2^2 = 4

  DE = 12x = 12(2) = 24

  CE = 32 -2x = 32 -2(2) = 28

Classify the equation, 7x + 2 = 7x - 3, as having one solution, no solution, or infinitely many solutions.
The equation has

Answers

Answer:

No solution

Step-by-step explanation:

To solve this, we subtract 7x from both sides to get 2=-3. Since 2 does not equal to negative 3, there is no solution.

round 799to the nearest ten

Answers

Answer:

800

Step-by-step explanation:

the tenth is the second 9 and the 9 before it makes it round up

Thus, the second 9 rounds up also

Therefore, it changes the 7 to a 8 and the 9s are now 0s

hope it helps :)

helpp! subtract

8/9-1/3​

Answers

Answer:

=5/9 or 0.5

Step-by-step explanation:

Answer:

0.55

Step-by-step explanation:

8/9-1/3

8*1/9*1 - 1*3/3*3

8/9 - 3/9

8-3/9

5/9

0.55

Is the following statement true or false? Explain your reasoning. 3 + 2 = 6 or 9 – 2 = 7

Answers

Answer:

true : 9-2=7 false:3+2=6

Step-by-step explanation:

the first equation is false because if you take 6 and minus 3 you get three not two, But with the other equation its diffrent you take 7 and add it to two you get nine.

What is the value of 3^5 times 3^3 divided by 3^4

Answers

Answer:

3^4

Step-by-step explanation:

One of the laws of exponents is that when you are multiplying exponents with the same base, then you add their powers. So,

3^5 x 3^3 = 3^8

Another law is when dividing exponents with the same base, you can subtract the powers. So,

3^8/3^4 = 3^4

Hope this helps!

Answer: 3^4

Explanation:

(3^5 • 3^3)/3^4
= (3^5+3)/3^4 (a^m • a^n = a^m+n)
= 3^8/3^4
= 3^4 (a^m/a^n = a^m-n)

Therefore, the answer is 3^4

Expand:
x(2x-5)
2x(3x+4)
6x(x-2y)

Answers

2x^2-5x6x^2+8x6x^2-12xysorry i dont have square syombol so, forthat i have used exp.syombol

Which of the following
is equivalent to 3/7 ?
Select your answer(s) below

Answers

Answer:

there is no choices but i can tell you some

as a decimal 0.429

6/14

12/28

multiply it by two every time

Step-by-step explanation:

Jason has applied to be a camp counselor for the summer. The job pays $9 per hour. The equation to represent Jason’s job is y = 9x, where x is the number of hours he works and y is the total amount he earns. Mia has applied to be a lifeguard for the summer. The lifeguard job is three days a week with hours and pay as shown in the table below. Tuesday Thursday Saturday Hours worked 6 8 5 Amount paid $52.50 $70.00 $43.75 Which statement best describes the hourly rates? The two jobs pay the same hourly rate. The comparison cannot be made with the information given. Jason’s camp counselor job pays a higher hourly rate than Mia’s lifeguard job. Jason’s camp counselor job pays a lower hourly rate than Mia’s lifeguard job.

Answers

Answer:

Jason's camp counselor job pays a higher rate than Mia's lifeguard job.

Jason's job pays $9 a hour.

Mia's job pays $8.75 a hour.

52.50 divided by 6 equals 8.75

70.00 divided by 8 equals 8.75

43.75 divided by 5 equals 8.75

Step-by-step explanation:

Answer:

C. Jason’s camp counselor job pays a higher hourly rate than Mia’s lifeguard job.

Step-by-step explanation:

I took the quiz

The intersection of two lines can be a line segment. true false​

Answers

Answer:

false

Step-by-step explanation:

The temperature in Minneapolis, Minnesota, at 4 P.M. was 15°F. By midnight, the temperature had deceased by 18°. What was the temperature in Minneapolis at midnight?

Answers

Answer:

23F

Step-by-step explanation:

What is the distance between (2,-1) and (2,5) rounded to the nearest 10th

Answers

Answer:

            5.0

Step-by-step explanation:

[tex]d=\sqrt{(x_2-x_1)^2+(y_2-y_1)^2}\\\\d=\sqrt{(2-2)^2+(5+1)^2}=\sqrt{0^2+5^2}=\sqrt{25}=5[/tex]

ugh no body knows this? Suppose a square garden represented by 16x2 ft2. a. What is the length of each side? b. What is the perimeter of the garden? c. If each side was increased by 5 feet what would be the new perimeter?

Answers

Answer:

A. [tex]4x[/tex]

B. [tex]16x[/tex]

C. [tex]16x+20[/tex]

Step-by-step explanation:

A square's area will be the length of each side squared (that's why it's called squared).

Since we know the area, we can find the square root of [tex]16x^2[/tex] to find the length of each side.

We know that [tex]4^2 = 16[/tex] and [tex]x^2 = x^2[/tex], so [tex]4x\cdot 4x[/tex] should be equal to [tex]16x^2[/tex].

This means the side length is [tex]4x[/tex].

The perimeter of a square will be 4 times it's side length. We know the side length, so the perimeter is [tex]4x \cdot 4 = 16x[/tex].

If we added 5 to the length of each side, the new side length would be [tex]4x + 5[/tex]. Again, the perimeter is 4 times the side length so the perimeter would be [tex]4(4x + 5) = 16x + 20[/tex].

Hope this helped!

HELP ASAP BRAINLIEST FOR CORRECT ANSWER!
f(x) = x-7
What is the value of x when f(x) = 3? Enter the answer in the box.
h

Answers

the x is 8-7=1 your welcome

mathematics question in the screenshot below.

Answers

Step-by-step explanation:

1/6×100%=50/3%

3/24×100%=25/4%

3/8×100%=75/2%

=>50/3%+25/4%+75/2%+x=100%

=>100%-725/12%=x

=>x=59 and 5/12

Solve the proportion below 4/9 = x/54
Answer is 24

Answers

Answer:

24

Step-by-step explanation:

4/9=x/54

4/9*54=x

x=4*6

x=24

Answer:

Yep its 24

Step-by-step explanation:

Write the equation of the line through the given point. Use slope-intercept form.
3
(-4,6); perpendicular to y = -
2x+3
Write an equation for the line in slope-intercept form.
(Simplify your answer. Use integers or fractions for any numbers in the equation)

Answers

Answer:

2y=x+16

Step-by-step explanation:

condition for a perpendicular line to the previous line is that the gradient M1=-1/M2. looking at the question above the equation of the line given y=-2x+3 that is the first M1=-2. so to get the gradient M2 of the line perpendicular, then M2=-1/-2=1/2. so M2=1/2. so the equation of the new line is y=1/2x+C. so we can find C. since the line passes through (-4,6). when x=-4, y=6, 6=1/2(-4)+C..C=6+2=8. so the equation of the new line y=1/2x+8 we can multiply via 2. so we have 2y=x+16

the equation is 2y=x+16

a waterwheel has a radius of 5 feet. the center of the wheel is 2 feet above the waterline. you notice a white mark at the top of the wheel. how many radians would the wheel have to rotate for the white mark to be 3 feet below the waterline?

a) 2pi radians
b) 3pi/2 radians
c) pi radians
d) pi/2 radians

Answers

Answer:

C.  pi radians

Step-by-step explanation:

got it right on edge :)

Answer:

letter c

Step-by-step explanation:

Given the function f(x)=2x-4 find x if f(x)=10

Answers

Answer:

7

Step-by-step explanation:

Since f(x)=10 is equivalent to f(x)=2x-4, make these equations equivalent. Add 4 to both sides, and simplify to get 2x=14. Divide both sides by 2 to get 7 as your answer.

Answer:

x = 7

Step-by-step explanation:

Given

f(x) = 2x - 4 and f(x) = 10, then equating gives

2x - 4 = 10 ( add 4 to both sides )

2x = 14 ( divide both sides by 2 )

x = 7

What is the value of the expression 24 + 10•8?

Answers

Answer:

[tex]\large\boxed{\text{The expression is equal to 104}}[/tex]

Step-by-step explanation:

[tex]24+10 \cdot 8 \\24+80\\104[/tex]

Solve the inequality and graph its solution on a number line a - 3 > -7

Answers

Answer:

B

Step-by-step explanation:

a-3>-7

collect like terms

a>-3-7

a>-10

Given the check digit is 3, find the missing X for the master card number 5164 2X13 2705 0183

Answers

Answer:

9

Step-by-step explanation:

So there's 3 1's, 2 2's, 2 3's, 1 4, 2 5's, a 6, a 7, an 8, 2 0's, and no 9's.  

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