00:00

Mia agrees to borrow a 3-year loan with 4% simple interest to buy a motorcycle.

Part A
If Mia will pay a total of $444 in interest, how much money did she initially borrow? Enter your answer in the box.

$

00:00

Part B
How much interest would Mia pay if the simple interest rate were 5%? Enter your answer in the box.

$

Answers

Answer 1

Answer:

Part A: She borrowed: 3700

Part B: She would pay 555 in interest.

Step-by-step explanation:

Since, simple interest is,

Where, P is the principal amount,

r is the annual rate of interest,

t is time ( in years ),

Part A :  Here, S.I. = $ 444,

t = 3 years,

r = 4 %,

Thus,

Hence, She borrowed $ 3700.

Part B :

Here, r = 5 %, t = 3 years, P = $ 3,700,

Hence, She would pay $ 555 interest.


Related Questions

Can someone help me with these questions. (Answer 1 or answer them all I don't care.)

Answers

The answer to the first one is 6.5

Answer:

1 is 6.5 2 is b 3 is A

Step-by-step explanation:

What should the following rate be divided by to convert it to a unit rate?

6 inches
________
12 hours

Answers

Answer:

Unit rate is a rate that has 1 as denominator.

Given the rate: 6 inches / 12 hours, we have to divide numerator and denominator by 12 to transform the denominator in 1, as follows:

\frac{6}{12} = \frac{6/12}{12/12} =

12

6

=

12/12

6/12

= 0.5 inches/hour

Help!!!!! This is the last one.

Answers

Answer:

C. 12 pages

Step-by-step explanation:

Doreen can get done 2 pages in 5 minutes. there is 30 min in half an hour so 5÷30=6

6x2=12

sorry I am not The best in explaining.

i think it’s 6. because it’s 60 min / 5min = 12 / 2 = 6
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