A bank determines the amount a borrower owes using the formula A=p ( 1+r)t where A is the total amount owed p is the amount borrowed r is the percent interest rate expressed as a decimal, and t is the number of years. To the nearest dollar, what is the total amount of money that would be owed if $150,000 at 6% for 15 years

Answers

Answer 1

Answer:

$679,857.92

Step-by-step explanation:

The computation of the total amount of money would be owed is shown below

A = P × (1 + r)^t

where

A represents the total money owed

P represent the borrowed amount

r represent the rate of interest

t represents the time period

So,

= $150,000 × (1 + 0.06)^15

= $150,000 × 1.06^15

= $679,857.92


Related Questions

Suppose that a loan of $2500 is given at an interest rate of 19% compounded each year.
Assume that no payments are made on the loan.
Follow the instructions below. Do not do any rounding.
(a) Find the amount owed at the end of 1 year.
(b) Find the amount owed at the end of 2 years.
x
?

Answers

Answer:

a)2975

b)3450

Step-by-step explanation:

What values of x satisfy the equation x2 = 36

Answers

Answer:

18

Step-by-step explanation:

////////////////////////////////////////////////////////////////////////////////////////////////////

Answer: 18

36 divided by 2

Is 8 a solution to 6+6=48

Answers

Answer:

yes

Step-by-step explanation:

8x6

Answer:no it is not

Step-by-step explanation:

ok i re-uploaded this again because i couldn’t open the file. PLSSS HELP!! DUE TODAY AS MAJOR GRADE!!

Answers

I hope you get this in time f (6) = 72


Explanation: f(6) = 2/3 • (6)^ + (8•6)

= 2/3 crossed out with 1 times 36 crosses out with 12 plus 48 = 24 + 48 = 72

The total cost in dollars to buy uniforms for the company staff can be found using the function c=14.95x+7.95, where x is the number of uniforms bought. If there are at least 30 people but not more than 35 people on the staff, what is the domain of the function for this situation?

Answers

Answer: the answer is D

Step-by-step explanation:

The domain is the x-values and can not be greater than 35.

Answer:

Step-by-step explanation:

Multiply. Write your answer as a fraction in simplest form.
5/2*3/10

Answers

(5/2)(3/10)=(5*3)/(2*10)=15/20=3/4

Or

(5/2)(3/10)= (5)(1/2)(3)(1/10)=(5)(3)(1/2)(1/10) =(5*3)/(2*10)=15/20=3/4

Or

(5/2)(3/10)=(5)(0.5)(3)(0.1)=(2.5)(3)(0.1)=(7.5)(0.1)=.75=3/4

All of these work, but the first one is simplest

The expression  [tex]\frac{5}{2} \times \frac{3}{10}[/tex] in the simplest form can be written as [tex]\frac{3}{4}[/tex].

Mathematically, an expression is a collection of numbers, variables, mathematical operations, functions, and often symbols combined according to peculiar rules to represent a mathematical calculation or association. It can be supposed to as a mathematical idiom or formula.

By combining numbers, variables, operators, and functions, mathematical expressions can represent a wide range of calculations and associations.

The given expression is [tex]\frac{5}{2} \times \frac{3}{10}[/tex].

[tex]\frac{5}{2} \times \frac{3}{10} = \frac{1}{2} \times \frac{3}{2}[/tex]

          [tex]= \frac{3}{4}[/tex].

Hence, the fraction is [tex]\frac{3}{4}[/tex].

Learn more about Expression here:

https://brainly.com/question/34132400

#SPJ6

which data set has a smaller mean and what does it tell us about the context

Answers

Answer:

it tells us literally nothing

Step-by-step explanation:

paba

What is the value of g?
g
70

Answers

Answer: 70

Step-by-step explanation:

easy

I NEED HELP WITH THIS

Answers

Answer: 119

Explanation:

Can some one awnser the following

Answers

Answer:

-11

Step-by-step explanation:

Solve for x. round to the nearest tenth. please help!!

Answers

Answer: 10

Explanation: Trust me Bro

ontinuously running three miles every day over the course of 10 weeks is an example of the exercise principle progression. Please select the best answer from the choices provided. T F

Answers

ontinuously running three miles every day over the course of 10 weeks is an example of the exercise principle progression. Please select the best answer from the choices provided. False

Although you love to watch TV, you have made a goal to spend more time outdoors. You decide that you will spend 222 times as many hours outdoors as you spend watching TV. Write an equation for the number of hours you will spend outdoors, ooo, when you spend ttt hours watching TV.

Answers

Answer:

the equation that should be required is 0 = 2t

Step-by-step explanation:

Let us assume the hours of television be t

And, for hours outdoor be o

As the hours outdoors would be twice the hours of television so the equation is

0 = 2t

Therefore the equation that should be required is 0 = 2t

The same is  relevant

Answer:

o = 2t

Step-by-step explanation:

You will spend 2 times as many hours outdoors as you spend watching TV. The number of hours you spend outdoors depends on t, the number of hours you spend watching TV.

To find the number of hours you will spend outdoors, o, you can use the equation o = 2t

Remember, you want to find the number of hours you will spend outdoors if you spend  4 hours watching TV and 8 hours watching TV.

8 = 2 x 4

16 = 2 x 8

Now we can turn the values from the equation into ordered pairs in the form (x , y).

The ordered pairs are (4 , 8) and (8 , 16).

how do you write a linear equation that relates y to x

Answers

Answer:

Find the slope and y-intercept of the line. = −2 Because the line crosses the y-axis at (0, 3), the y-intercept is 3. So, the linear function is y = −2x + 3. Use the graph or table to write a linear function that relates y to x.

Step-by-step explanation:

I dont Know what to put here
But Anwer Pls

Answers

Answer:

QR, QT

Step-by-step explanation:

A radii is a line from the center of the circle to the circumfrence of the circle.

In this case the radii are QR, QT, and QK because they all start from the center of the circle which is point Q and stop at the circumfrence of the circle.

Since QK isn't an answer choice the only  answers are ...

QR and QT

Can you guys please help me?

Answers

Answer:

40 ft it's natural if the two sides are equal then 40ft= B FT

help me please. Very much appreciated​

Answers

Answer:

A = 27.2 mm²

Step-by-step explanation:

The area (A) of a triangle is calculated as

A = [tex]\frac{1}{2}[/tex] bh ( b is the base and h the perpendicular height )

Here b = 8 and h = 6.8 , then

A = 0.5 × 8 × 6.8 = 4 × 6.8 = 27.2 mm²

27.2mm^2 is the answer ! :))

can someone help please this is urgent

Answers

Answer:

$140.74

Step-by-step explanation:

Assuming this is a decaying exponential function, we can find a model for the depreciation in the form of v = a(b^t)

At t = 0, we get 5000 = a(b^0), which gives us a = 5000

At t = 1, we get 4000 = 5000b, such that b = 4/5

Now that our function is defined as v = 5000(4/5)^t, we can plug in t = 16 to solve for the value of the piano.

v = 5000(4/5)^16, which is approximately $140.74.  

Which triangle has hypotenuse Side C H?

triangle ACH
triangle BCH
triangle GCH
triangle FCH

Answers

Answer:

the answer is triangle GCH

Answer:

C.

Step-by-step explanation:

Plz answer this ASAP!

Answers

Answer:

option b. SAS.

.............

B- SAS or side angle side

i need help i don’t understand my homework?

Answers

use circumference formula. c = (pi)d

the length from e to f is diameter

pi=3.14
d(diameter)= 16

c = 3.14(16)
c = 50.24

|x +2], if x>-1
Plz help

Answers

Answer:

Step-by-step explanation:

greater than 1   ,  is your teacher just giving you brain teaser questions?  these seem like they are .. "out in the weeds"  type of questions,  not really useful math   :/  

What is the equation to the line that goes through the point
(-3, 4) and is perpendicular to the line
y=-x+1

Answers

Step-by-step explanation:

perpendicular slope is negative reciprocal. -1/-1 = 1

y - 4 = x +3

y = x + 7

solve for X

2x(x-1/2)=0​

Answers

Answer:

x=0, 1/2

Step-by-step explanation:

Answer:

x=0, x=1/2

Step-by-step explanation:

2x(x-1/2)=0​

Use the zero factor Principle

x=0 or x-1/2=0

Solve x-1/2=0;

Add 1/2 to both sides;

x-1/2+1/2=0+1/2

Simplify;

x=1/2

The solutions to the quadratic equations are;

x=0, x=1/2

Answered by NONE other than the ONE & ONLY #QUEEN herself aka #DRIPPQUEENMO!!!

HOPE THIS HELPED!!!

Can anyone help me with this math equation?

Answers

Answer:

2/9

Step-by-step explanation:

1/3=3/9

5/9-3/9=2/9

Answer:

2/9

Step-by-step explanation:

1/3= 3/9

5/9 - 3/9 = 2/9

hope this helps

Find the total surface area of this cone.
Leave your answer in terms of .
15 cm
8cm
SA = [ ? ]cm2
Hint: Surface Area of a Cone = tre + B
Where e = slant height, and B = area of the base

Answers

Answer:

200π cm^2

Step-by-step explanation:

Sb = 8^2 π = 64π cm^2

a = sqrt2 [8^2 + 15^2] = sqrt2 [64 + 225] = sqrt (289) = 17 cm

Sl = 8x17xπ = 136 π cm^2

SA = 136π + 64π =200π cm^2

I've gotten the answer to this I just need to know how to get the answer (the answer is 208.5) please help me its due Monday

Answers

With shapes like these, you need to split it into parts you can find the area for and add it together at the end.

Let's take the rectangle out of the two other triangles first,

15x8=120. First area solved.

Now remember, you find areas of triangles by bxh/2. Let's do the one on the side first. 9x8=72. 72/2=36. Second area solved.

The final triangle has a height of 7 m, and it's parallel to the 15 m length from before. 7x15=105, 105/2=52.5. Last area found.

Now let's add them all together. (120+36+52.5)=208.5.

Hope this helped!

can you show step by step on how you got the answers as well

Answers

Answer:

Step-by-step explanation:

5) Caroline paid for 6 palm trees to be delivered. Each palm tree cost $120.50 Caroline paid $74.50 for delivery. What is the total amount Caroline paid?​

Answers

Answer:

797.50

Step-by-step explanation:

6* $120.50 = $723

$723 + $74.50 = $797.50

what is the answer to this fraction 4/8+2/8+4/8​

Answers

Answer:

1 2/8 OR 1 1/4

Step-by-step explanation:

4/8 + 2/8 + 4/8 =

6/8 + 4/8 =

10/8 =

1 2/8 OR 1 1/4

Hope that helps!

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