What is the interest you will pay if you borrowed $550 at 8% interest for 3 years?

Answers

Answer 1

Answer:

132

Step-by-step explanation:

it is

Answer 2

Simple interest is the interest calculated on the principal at a given rate for a time period.

The formula for simple interest is given as,

SI = (P x R x T) / 100

P = Principal

R = rate

T = time in years

The interest that will be paid after 3 years with 8% interest is $132.

What is simple interest?

It is the interest calculated on the principal at a given rate for a time period.

The formula for simple interest is given as,

SI = (P x R x T) / 100

P = Principal

R = rate

T = time in years

We have,

P = $550

R = 8%

T = 3 years

SI = (P x R x T) / 100

SI = (550 x 8 x 3) / 100

SI = $132

Thus,

The interest that will be paid after 3 years with 8% interest is $132.

Learn more about simple interests here:

https://brainly.com/question/25845758

#SPJ2


Related Questions

what do yall want for christmas​

Answers

Answer:

A week of laying in bed eating hot cheetos and watch anime

Step-by-step explanation:

Solve -103 = 6x + 17.

Answers

Answer: x=-20

-103= 6x + 17

-120=6x

-20=x

What is an equation of the line that passes through the points (4, -2) and (8, – 7)?
Put your answer in fully reduced form.

Answers

Answer:

y= -5x/4 + 3

Step-by-step explanation:

To find slope, use the equation [tex]\frac{y_2-y_1}{x_2-x_1}[/tex], so m(the slope) = (-7+2)/(8-4) = -5/4.

Now let us use (4,-2) in the equation [tex]y-y_1=m(x-x_1)[/tex].

So y - (-2) = (-5/4)(x - 4) (equation of the line)

y + 2 = -5/4(x - 4)

y + 2 = -5x/4 + 5

y= -5x/4 + 3 (slope-intercept form, also known as fully reduced form)

You could also use (8,-7) instead of (4,-2).

The ratio of plastic bags to paper bags in a grocery store was 5/7. There were 276 bags. How many were plastic bags?

Answers

Answer: 115 bags

Step-by-step explanation: 115/161 eqauls 5/7

IM RUNNING OUT OF TIME AND I ONLY HAVE A FEW MINUTES LEFT PLEASE HELP ME!!! IM GIVING 15 POINTS

Answers

Answer:

what is l and multiply l by 4 my guy

Step-by-step explanation:

Answer:

x = 25

<HKL  = 102

Step-by-step explanation:

<LKH + <HKJ = 180 since the two angles form a straight line

<LKH + <HKJ = 180

4x+2 + 78 = 180

Combine like terms

4x+80 =180

Subtract 80 from each side

4x+80-80=180-80

4x= 100

Divide by 4

4x/4 = 100/4

x = 25

<LKH  = 4x+2 = 4*25 +2 = 100+2 = 102

Jordan went shopping last weekend and bought a pair of shoes. The shoes were originally priced at $124.00, but are now on sale for 30% off the regular price. The sales tax is 7%.

What is the sales tax?

Answers

Answer:

8.68

Step-by-step explanation:

just multiply 124.00 times 0.07 and that's it

help lol I'm so unsmart​

Answers

Answer:

0.5

Step-by-step explanation:

5/3 divided by 10/3=5/3*3/10

=1/2=0.5

it should be 0.5 maybe try that lol

The Johnson's went to dinner at the local family restaurant. The family meal totaled $45.29. The family left the waitress a standard 15% tip for good service. How much was the tip? Round the answer to the nearest cent. $6.79 ***In the previous problem, if Mr. Johnson just had dollars and quarters to leave for a tip, how many dollars and how many quarters should he leave as a tip?

Answers

Given :

The Johnson's went to dinner at the local family restaurant. The family meal totaled $45.29. The family left the waitress a standard 15% tip for good service.

To Find :

How much was the tip?

If Mr. Johnson just had dollars and quarters to leave for a tip, how many dollars and how many quarters should he leave as a tip?

Solution :

Amount of tip, A = $(45.29×0.15)

A = $6.79.

Number of dollar required is 6.

Number of quarter required is 3.

Hence, this is the required solution.

I need help! 6th grade math! ASAP! Only 1 and 3. 10 Points each!

Answers

Answer:

1. (0,5) (16,21) (20,25) (36,41) (55,60)

Step-by-step explanation:

Hope this helped you!! Give brainliest

Answer:

nnrrharthtghgdzhgdhth

Step-by-step explanation:

Can anyone help me I’m struggling with this I would appreciate

Answers

I THINK 4x + 10y = -20 is the answer, bec there is no way u can answers that .

A hockey player has a total record of 90 points earned based on goals and assists. If his ratio of goals to assists is 7:3, how many goals did he get?

Answers

Answer:

[tex]63[/tex] goals

Step-by-step explanation:

Given information:

Total points earned from goals and assists = [tex]90[/tex]

Goals : assists = [tex]7:3[/tex]

Finding the number of goals:

Goals  [tex]=\frac{7}{3+7}\times90[/tex]

[tex]=\frac{7}{10}\times90[/tex]

[tex]=63[/tex]

∴ The hockey player earned [tex]63[/tex] goals.

Hope this helps :)

The answer: 63 goals

Reason: because it is

I need help with this ​

Answers

12
y=27
p=5
a=28
r=32
c=4
q=11
u=5
w=30
z=1
sorry if these are wrong or mixed up

Please help me with this I’ll give you brainliest points and likes

Answers

Answer:

help with what

Step-by-step explanation:

please does anyone know the correct answer choice!?!?

Answers

Answer:

I believe the answer would be b

Step-by-step explanation:

Solve equation 1 for the variable  y  

y = -5x  

 Plug this in for variable  y  in equation

4•(-5x) + 12x = 16

- 8x = 16

Solve equation 2 for the variable  x  

8x = - 16  

x = - 2  

so far we know this

y = -5x

x = -2

Use the  x  value to solve for  y  

 y = -5(-2) = 10

which would give us the answer B

Gino and Milla each open a savings account with an initial deposit of $6,300. Gino's account pays 2% simple interest annually. Milla's account pays 3% simple interest annually. If Gino and Milla make no other deposits or withdrawals, how much more interest will Milla's account earn than Gino's after 1 year?

Answers

Answer:

Milla's account would earn $63 more that Gino's account after 1 year.

Step-by-step explanation:

Both Gino and Milla made an initial deposit of $6300.

Principal = $6300

Gino's rate = 2% = 0.02

Milla's rate = 3% = 0.03

number of years = 1

Interest = Principal x Rate x Time

So that,

for Gino;

Interest = 6300 x 0.02 x 1

            = 126

The interest on Gino's savings after a year is $126.

for Milla;

Interest = 6300 x 0.03 x 1

             = 189

The interest on Milla's savings after a year is $189.

Milla's interest - Gino's interest = 189 - 126

                                                   = 63

Milla's account would earn $63 more that Gino's account after 1 year.

Which is the graph of y – 3 = (-2/3)(x + 6)?

Answers

Answer:

The points are on (-1.5,0) and (0,-1)

Step-by-step explanation:

Hope this helps!

Brain-List?

Which division problem does the model show? 3 fraction bars. The bars are labeled 1 and each has 3 boxes underneath labeled one-third. 3 divided by one-third = 9 3 divided by two-thirds = 9 9 divided by one-third = 3 9 divided by two-thirds = 3

Answers

Complete Question

Which division problem does the model show? 3 fraction bars. The bars are labeled 1 and each has 3 boxes underneath labeled one-third.

a) 3 divided by one-third = 9

b)3 divided by two-thirds = 9

c) 9 divided by one-third = 3

d) 9 divided by two-thirds = 3

Answer:

a) 3 divided by one-third = 9

Step-by-step explanation:

We are told in the question that:

3 fraction bars. The bars are labeled 1 and each has 3 boxes underneath labeled one-third.

The division problem does the model shows from the description above is calculated as:

3 fraction bars ÷ 1/3

= 3 ÷ 1/3

= 3 × 3

= 9

Hence:

Option a) 3 divided by one-third = 9 is the correct option.

Answer:

3rd one is correct

Step-by-step explanation:

Please help!
Stephen had his scooter repaired for a total of $90. The cost for the parts was $25. The cost for the labor was $15 an hour. If h represents the number of hours, which of the following shows an equality between two different ways of expressing the total cost of Stephen's scooter repairs?

A. 40h = 90
B. 15 + 25h = 90
C. 90 + 25h = 15
D. 15h + 25 = 90

Answers

Answer: D

Step-by-step explanation:

Answer:D

Step-by-step explanation:

...

can i have help plz i rally need it

Answers

The answer is D. 4:3

how to find radius of the base examples​

Answers

Answer:

r=[tex]\frac{c}{2\pi }[/tex]

Step-by-step explanation:

Can anybody do this for me please

Answers

Answer:

it very simple actually, just do it what its saying from any point it wont really matter youll still get it right

Step-by-step explanation:

plz help me asap i need help plz i will mark you as brainlist

Answers

Answer:

the third one

The graph for the equation y = 2 x minus 2 is shown below. On a coordinate plane, a line goes through points (0, negative 2) and (1, 0). If another equation is graphed so that the system has one solution, which equation could that be? y = 2 (x + 1) y = 2 (x minus 1) y = 2 (x minus 2) y = negative 2 (x + 1)
THIS IS TIMED

Answers

Answer:

i think it is b correct me if i am rong

Step-by-step explanation:

The correct equation for the solution to be one will be y = 2(x -1) hence, the correct option is (B).

What is a graph?

The link between lines and points is described by a graph, which is a diagrammatic representation of a network. A graph is made up of some points and the distance between two. It doesn't matter how much time the lines are or where the points are located. A node is a name for each constituent in a graph.

For example to draw the equation y = 2x +9 this will draw a straight line in the coordinate geometry.

Given that an equation y = 2x - 2 now another equation draw which should intersect with the line y = 2x - 2 at a single point only so that the system has only one solution.

so the y = 2x - 2 should be matched with any one option.

By cross-checking the option it will be (B) with equation y = 2(x -1).

For more details about the graph

https://brainly.com/question/16608196

#SPJ2

I need help plz I can't seem to solve this ​

Answers

I would be 1
Because
1 1/3= 4/3
So that leaves you with 4/3 * 3*1/4 which you reduce it so
1/3*3=1*1=1

who wants to help me I need someone. who has a model test can text
me the tests by taking a picture and I will send my phone number please help me I will help u too​ please helpppppppppppppppppp​

Answers

Answer:

fake

Step-by-step explanation:

Answer:

I can help give me your number

Step-by-step explanation:

f(x) = (1/6)^x for x =3

Answers

Answer:

1/216 is the answer hope it's right

pls help i need to get a good grade on this final so I can get my pc Best awnser gets brainliest

Answers

Answer:

d

Step-by-step explanation:

hope this helps

Hdjdndbeiekenen ANSWERRRRREEEEEEEEEEEEEEE

Answers

Answer:

It stays open because |-45.50| > 30

Step-by-step explanation:

Given that :

Balance in Linda's account = - 45.50

If she owes more than $30, her account gets closed

The absolute value of any number returns a positive value of that same number :

Hence,

|-45.50| = 45.50

Comparing the options :

|-45.50| > 30

Once, the account does not fall below - $30, Lindsay's account stays open.

Therefore,

The true statement is ;

It stays open because ;

|-45.50| > 30

Please help really quick, I'll give Brainliest. You only have to do Q1, but more is welcome.

Answers

Answer:

1) 90+30+x=180

x= 60

2) 2x+90=180

x= 45

3) angle SPQ

90+55+ SPQ=180

SPQ= 35

Therefore as op=os=radii= isosceles triangle

angles OPS=OSP

SPQ +QPO=OSP

35 + x = 55

x=20

4)110+ 90+90 +x=360

x=70

5)90 +90 +45+x=360

x=135

hope it helped.

The expression below represents Brianna’s age in
terms of m, Molly’s age.
3m − 5
Which of the following statements must be true?
A Brianna’s age is 3 less than 5 times Molly’s
age.
B Brianna’s age is 5 less than 3 times Molly’s
age.
C Molly’s age is 3 less than 5 times Brianna’s
age.
D Molly’s age is 5 less than 3 times Brianna’s
age.

Answers

Answer: B. Brianna’s age is 5 less than 3 times Molly age.

Step-by-step explanation:

We are informed that the expression below represents Brianna’s age in

terms of m, Molly’s age.

3m − 5.

This shows that 3m simply means that 3 times of Molly's age while the -5 represent less than 5. This will now be:

Brianna’s age is 5 less than 3 times Molly age.

Other Questions
The intercepts 9x^2+4y^2=36 Congruent Triangles and ProofsGiven: JK bisects Match each expression to its simplified answer9x-3y + 5y THIS ONE TOOOO AND MORE COMING Tribes of which region used buffalo for clothing, shelter, and artworks? What were the Cretans the first to build?roadswallsforttheater On January 1, Year 1, Lowing Company acquired a patent from Generics Research Corporation for $3 million. The legal life of the patent is 20 years, but Lowing expects to use it for 5 years. Pawson Company has committed to purchase the patent from Lowing for $500,000 at the end of that 5-year period. Lowing uses the straight-line method to amortize intangible assets with finite useful lives. What is the amount of amortization expense each year HELPPPPPPPP Select THREE patriot groups that formed as part of the protest movement.A) Sons of NeptuneB) Philadelphia Patriotic SocietyC) New York militiaD) Sons of LibertyE) Boston Tea PartyIk that D and E are two I just need the third one What do you think scientists and technology innovators today can learn from the story of Frankenstein?! Hurry pls a consequence of "yoyo" dieting is that quick!! using y= 5x + 12 find the slope of a parallel line does anyone know the answer? What is the opposite ofV3?HURRY!!!!! I give brainlist and 5 stars :)) What happens during jury deliberation in a criminal court case?O The lawyers summarize the facts and explain what they intend to prove.O The judge and he lawyers ask questions to see if the jurors are impartial.O The jurors discuss the case and decide if the defendant is guilty or not guilty.O The judge decides the proper punishment based on the verdict from the trial. help real quick on this plzz Sharon buys four salmon steaks for $22.95 at her local supermarket. The weights of the steaks, in pounds, are 0.68, 0.74, 0.77, and 0.81. To the nearest cent, what is the price of salmon steak per pound? What property should you use first to solve 14+c=39 My favorite flower is the rose. The predicate noun in this sentence is... a box contains 7 black pencils and 28 blue onew what is the ratio between the black and blue pens