Yolanda takes out a loan for her college tuition from a bank that charges simple interest at an annual rate of 8.95%. Her loan is for $2900 for 11 months. Assume each month is 1/2 of a year. Answer each part below.
Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the list of Onancial formulas.

Answers

Answer 1

If the rate of interest is 8.95% and the loan amount is $2900 for 11 months then the amount to be charged after 11 months will be $3137.92.

Given that the rate of interest is 8.95%, loan amount is $2900 and the number of months is 11 and we have to assume each month be 1/12 of a year.

We are required to find the amount to be charged after 11 months.

Simple interest is basically calculated by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

Loan amount=$2900

Interest rate=8.95%

Months=11

Interest of 11 months=(2900*8.95*11/1200)

=$237.92

Total amount=$2900+237.92

=$3137.92

Hence if the rate of interest is 8.95% and the loan amount is $2900 for 11 months then the amount to be charged after 11 months will be $3137.92.

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One line in the question is wrong. The correct line that we have to assume each month be 1/12 of a year.


Related Questions

Plssss helppp meeeeee

Answers

The last one
Jfjjdjdjjdjfjjdjdjjdjxj

if 1.5 truck loads of dirt cost $39.00, what is the cost of 1 truck load?

Answers

Answer:

= $26 ---> final answer

Step-by-step explanation:

1.5 ----------> $39

So,  1 -----------> ($39 / 1.5 ) * 1

= $26 ---> final answer

HELP PLEASEEEE !!Complete the equation of the line whose slope is 5 and y-intercept is (0, 4).
y=?

Answers

y=5x+4


The equation of the line is y=Mx+b, where m=slope, and b=y-intercept. To find the h-intercept, put in the y value (4). Remember, the y value is always the second value shown in the points. The slope is as given, 5. The “x” represents the increase of the equation by something.

I hope this explanation helps in future instances such as this!!

PLEASE HELP URGENT will mark brainliest

Answers

Answer:

The answer is "none"

Step-by-step explanation:

......

Answer: None or C

Explanation: The two equations have the same slope with different y-intercepts, so they're parallel meaning they never touch so there is no solutions. So the answer is C or none.

2 + 2 = ?
5 + 5 = ?
4 + 2 = ?​

Answers

4

10

6

Hope this helps?

Jan finds the perimeter of this triangle by performing the
Perimeter = L+L+L
the following calculations. Determine where Jan made
a mistake and describe a method that would have gotten
the correct answer.

Answers

Hi! To find the perimeter of a triangle, add the length of its sides. For example, if a triangle has sides a, b, and c, then the perimeter of that triangle will be P = a + b + c. This of course depends on the triangle. Is this is full problem?

42-2x=5x
what’s x in this equation

Answers

Answer:

x=6

Step-by-step explanation:

2x+5x=7x 42/7=6

Answer:6

Step-by-step explanation:42-2x=5x

you have to get add two x to both sides to get 42=7x then divide by 7

42/7=6

7/7=x

so 6=x

hope that helps

One bag of peanuts costs $1.52. How many bags
can you buy with $34.96?

Answers

Answer:

23

Step-by-step explanation:

just divide.....fjf

23 bags of peanuts

$34.96/$1.52= 23

Long division was used here to divide the polynomial function p(x) = x3 + 7x2 - 20x -110 by (x - 5) and to divide it by (x + 5).



Using the information given above, p(-5) =

Answers

The value of the polynomial function at p(-5) is 40.

A polynomial is an expression that solely uses the operations of addition, subtraction, multiplication, and positive-integer powers of variables and is made up of indeterminates (also known as coefficients) and these operations.

In an equation such as the cubic equation, quadratic equation,  etc., a polynomial function is a function that only uses positive integer powers or only positive integer exponents of a variable.A polynomial expression is one that can be created from variables and other constants and symbols by adding, multiplying, and raising it to a non-negative integer power. The constants, which represent mathematical objects that can be added to and multiplied, are often numbers, but they can also be any expression that does not contain the indeterminates.

The given polynomial function is:

p(x) = x³ + 7x² - 20x -110

or, p(-5) = (-5)³ + 7(-5)² - 20(-5) -110

or,  p(-5) = -125 + 175 + 100 - 110

or,  p(-5) = 40

So the value of the polynomial function is 40.

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88= 2(4b+6) - 4
please help not a test​

Answers

88=2(4b+6)-4
88=8b+12-4
88=8b+8
-8 -8
80=8b
80/8=10b

Answer:

j

Step-by-step explanation:

PLEASEEEEE HELPPPPP !!!!!!!!!!! I will mark Brianliesttttt !!!!!!!!!!!!!!!

Answers

Answer:

D. m<RST = 2(m<TSU)

Step-by-step explanation:

Given that m<RST = 76°, m<RSU = 48°, and m<TSU = 38°, this implies that:

SU is an angle bisector of angle RST. Thus,

m<RST is twice the measure of <RSU or <TSU.

Therefore, the only option that is correct is:

D. m<RST = 2(m<TSU)

what is the sequence of 9, 6, 4, 8/3

Answers

Answer:

2/3

Step-by-step explanation:

9*2/3=6

6*2/3=4

4*2/3=8/3

what is the next step in solving this equation?

13-2(5x+1)=2-4x+3
13-10x -2=2-4x+3
11-10x=5-4x

answer choices
A. Subtract 5 from the left side

B. Add 10x to both sides

C. Subtract 11 from the right side

D. Subtract 4x from both sides

Answers

Answer:

B.

Step-by-step explanation:

remember, solving this means to get the variable alone on one side (it does not matter which side), and everything else on the other side.

but whatever changes we do (except for just completing local operations that were already there), we always have to do them to both sides to keep the equality alive. if we introduce a change of quantity on one side only, we break the equality, and we will not get a valid result anymore.

A. subtract 5 from the left side : no, it changes only the left side. the equality is broken.

B. add 10x to both sides. yes, it applies the change to both sides and will bring all terms of x to one side. perfect.

C. subtract 11 from the right side. no, it changes only the right side. the equality is broken.

D. subtract 4x from both sides. no. it does change both sides and keeps the equality, true, but it does not help us in solving the equation. it still keeps a mixture of x terms and constant terms on both sides. nothing changes in the structure.

A family has a hybrid car that gets 40 miles per gallon (mpg) and a pickup truck that gets 17 mpg. They drive at least 500 miles per week using both vehicles but don't want to use more than 20 gallons of gas. Make a recommendation for using each vehicle. Part A Write an expression that represents the total amount of gasoline used. Then write an inequality to show the maximum amount of gasoline that the family wants to use. Define the variables and list any constraints on the variables.

Answers

Answer:

[tex]Z=x+y[/tex]

[tex]x+y<20[/tex]

Step-by-step explanation:

Let the gallons of fuel used in the hybrid per week car be [tex]x[/tex] and [tex]y[/tex] be the number of gallons used in the pickup truck per week.

Number of miles driven using both vehicles is at least 500 per week. The inequality that represents the number of miles driven is.

[tex]40x+17y\geq 500[/tex]

The expression of total amount of fuel used would be [tex]Z=x+y[/tex].

Now the sum of the fuels used in both the cars is more than 20 gallons per week. The inequality that represents the total amount of gasoline used is

[tex]x+y<20[/tex]

The coffee shop has the following menu prices.

Size Price
6 oz $2.10
8 oz $2.72
16 oz $4.80
20 oz $6.40


Which coffee purchase is the best financially responsible decision?
A.
16 oz coffee
B.
6 oz coffee
C.
20 oz coffee
D.
8 oz coffee

Answers

A
6 oz is 0.35 per ounce
8 oz is 0.34 per ounce
16 oz is 0.30 per ounce
20 oz is 0.32 per ounce

Volume of Spheres




Volume of Spheres

Answers

Answer: V=500 cm³

Step-by-step explanation:

D=10 cm

[tex]\displaystyle\\r=\frac{D}{2} \\\\r=\frac{10}{2} \\\\r=5\ cm\\\\ V=\frac{4}{3} \pi r^3\\\\V=\frac{4*3*5^3}{3} \\\\V=4*5^3\\\\V=4*5*5*5\\\\V=500\ cm^3[/tex]

HELP NEEDED ASAP!! Amani computed in a two-way table the relative frequencies of sales of homes listed with two different real estate
companies.
Home Sales by Real Estate Company
Sold in
100 Days or Less
44.5%
45.1%
Did Not Sell
within 100 Days
55.5%
54.99
Company A
Company B
Which statement best describes the relationship between the two variables?
O There is an association because the relative frequencies by column are similar,
There is an association because the relative frequencies by row are similar.
There is no association because the relative frequencies by column are similar,
There is no association because the relative frequencies by row are similar.

Answers

The answer is c.

When you look at the data, in the first column, the frequency of sales of both are similar. Even the second column shows similar data. Association is determined if there is a significant difference between the data in each column/row depending on what you are aiming to answer.

In this case, we look at it per column because you want to compare the frequencies of sales of each company which are aligned by columns. So we know to look at the columns and not the rows.

Answer:

C

Step-by-step explanation:

HELPPPP !! Find the measure of angle LMN if the measure of angle LMP is 107 !!

Answers

Answer:

m∠LMN = 29°

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Equality Properties

Step-by-step explanation:

Step 1: Set up equation

m∠LMN and m∠NMP must add up to m∠LMP

(2x - 1)° + (5x + 3)° = 107°

Step 2: Solve for x

Combine like terms:                    7x + 2 = 107Isolate x term:                              7x = 105Isolate x:                                       x = 15

Step 3: Find m∠LMN

Define:                    m∠LMN = (2x - 1)°Substitute in x:       m∠LMN = (2(15) - 1)°Multiply:                  m∠LMN = (30 - 1)°Subtract:                 m∠LMN = 29°

I WILL MARK BRAINLIEST
Given the equation y − 4 = three fourths (x + 8) in point-slope form, identify the equation of the same line in standard form.

Answers

Answer:

3x-4y=-40

Explanation

y-4=3/4(x+8)

distribute the 3/4

y-4= 3/4x + 6

add 4

y= 3/4x+10

then change to standard form

3x-4y=-40

what is this simplified?

Answers

Answer:

35/48

Step-by-step explanation:

35/48

Answer:

35/48

Step-by-step explanation:

It is already in it's simplest form.

QUICK HELP I NEED TO ANSWER THIS QUESTION



WHO ASKED???

Answers

Answer:

Lol

Step-by-step explanation:

Please help me with this. 3 pieces of gum cost 25 cents. How many pieces of gum can you buy for $1.00?

Answers

Answer:

12 pieces

Step-by-step explanation:

There are four 25 cents in a dollar, as a dollar is 100 cents and 100 divided by 25 is four. So as 3 pieces cost 25 cents, multiply 3 by 4 which is 12.

12 pieces of gum would cause $1.00

Answer:

You can get 12 pieces of gum.

Step-by-step explanation:

3 pieces is 25, right? so now to make a dollar you can have four of 25 cents, so multiply, 3x4. You get 12. so you can buy 12 pieces of gum.

mowing lawns earns $10.00 for 1 hour and $42.00 for 5 hours. what is the slope

Answers

Answer:

The slope is $8 per hour

Step-by-step explanation:

Here, we want to get the slope of the relation

Mathematically, that will be;

m = y2-y1/x2-x1

Where ; (no of hours, money) represents each point

Thus, we have it that

m = (42-10)/(5-1) = 32/4 = $8/ hour

I don't know how to add fractions with the different denominator help me:
1/3+1/2=

Answers

Answer:

6÷1×2+1×3

5/6

i think that is

Answer:

5/6

Step-by-step explanation:

Well you need to make their denominators same by multiplying numerator and denominators by same number like I have shown below:

[tex] \frac{1}{3} \times \frac{2}{2} + \frac{1}{2} \times \frac{3 }{3} = \frac{2}{6} + \frac{3}{6} = \frac{5}{6} [/tex]

Hope it helps

please mark me brainliest

Cookware companies have been using a chemical called C-8, which helps to create a nonstick coating to pans. However, the Environmental Protection Agency (EPA) recently claimed that the use of C-8 in the manufacturing of nonstick cookware should be discontinued because studies show it causes cancer.

Who might benefit financially the most from the EPA’s claim?

restaurants that use C-8-coated cookware
cookware manufacturers who make pans out of steel only
stores that sell C-8 nonstick cookware
individuals who use steel cookware at home

Answers

Answer:

cookware manufactures who make pans out of steel only

Step-by-step explanation:

85 POINTS Angie and Kenny play online video games. Angie buys 2 software packages and 3 months of game play. Kenny buys 1 software package and 5 months of game play. Each software package costs $40. If their total cost is $256, what is the cost of one month of game play?

Answers

Answer:12$

Step-by-step explanation:

Answer:

$15 Write down some equations that express what you know. A = 2*30 + 3x K = 1*30 + 5x A+K = 210 Substitute the expression for A in the A+K=210 expression 2*30 +3x + K = 210 Now substitute the expression for for K 2*30 + 3x + 1*30 + 5x = 210 Multiply and combine terms 60 + 3x + 30 + 5x = 210 90 + 8x = 210 Subtract 90 from both sides 8x = 120 Divide both sides by 8 x = 120/8 = 15 The cost of one month of game play is $15!!

Step-by-step explanation:

Hope this helps!!

Please mark me brainliest!!

What is the slope of the line that passes through the points (4, 6) and (-16,18)?

Answers

Answer: slope = -3/5

Answer:

-3/5

Step-by-step explanation:

18-6 = 12

-16-4 = -20

12 / -20

Simplify down to -3 / 5

The level of the tide in a harbor changes from 9 1/4 to 4 1/2 above sea level over a period of 3 1/4 h. Whatbis the rate of change in the tide level over this period of time?​

Answers

Answer:

The answer should be -19/13 per hour. I think, I'm not completely sure.

Step-by-step explanation:

Find the difference of 9 1/4 and 4 1/2

divide by 3 1/4

simplify

4 1/2 - 9 1/4 = -19/4

-19/4 divided by 13/4 = -76/52

-76/52 = -38/26 = -19/13

So the answer should be -19/13 per hour.

The requried rate of change in the tide level over this period of time is 19/13h.

What is the rate of change?

Rate of change is defined as the change in value with rest to the time is called rate of change.

To find the rate of change, we need to divide the change in the tide level by the time elapsed:

Change in tide level = 37/4 - 9/2 = 37 - 18/4 = 19/4

Time elapsed = 13/4 h

Rate of change = Change in tide level ÷ Time elapsed
= 19/4 ÷ 13/4
= 19/13 h

So, the rate of change in the tide level over this period of time is 19/13h.

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Is the graph increasing, decreasing, or constant?
2
4
B
A. Decreasing
B. Constant
C. Increasing

Answers

the graph is constant (B) because it’s neither decreasing nor increasing bc it’s a straight line

Tell whether the following function is linear. If so; graph the function: 2x + 3y = 5.

Answers

Here’s the correct answer, how I got it, how to help for next time, and the equation graphed :)
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