Mathematics High School

Manuel borrowed $1,500 from his bank and signed a
contract to make monthly payments for two years at 4%
interest compounded annually. How much total interest
will Manuel pay on this loan?

Answers

Answer 1

Answer:

The total interest to pay back on the loan is $122.40

Step-by-step explanation:

Here. we want to get the amount of interest on the loan

We are going to use the compound interest formula here

A = P(1 + r/n)^nt

where A is the amount to be paid back

P is the amount borrowed called the principal which is $1,500

r is the interest rate which is 4% annually

This is same as 4/100 = 0.04

n is the number of times the interest will be compounded per year ; annually means yearly and so for this case, n = 1

t is the number of years = 2

So we have;

A = 1500(1 + 0.04/1)^(2)(1)

A = 1500(1.04)^(2)

A =$ 1,622.40

So the amount of interest is the difference between the amount borrowed and the value to pay back

That will be;

$1,622.40 - $1,500

= $122.40

Related Questions

What is the value of x in the figure?
A. 40 degrees
B. 70 degrees
C. 80 degrees
D. 120 degrees
E. 150 degrees

Answers

Answer:

E

Step-by-step explanation:

Compare the values of the digit 8 in the number 6,084 and in the number 9,821

Answers

Answer:

it's 10 time greater

Step-by-step explanation:

in 6,084 the number 8 is 80

but in 9,821 the number 8 is 10 times greater 6,084

Find the area. Show your work.

Answers

Answer:

92 units^2

Explanation:

Assuming both sides are congruent.

Turn it into a mixed number.
HELP PLZ BRAINLIEST

Answers

Answer:

3.5 x 4= 14

Step-by-step explanation:

7/2 x 4

whats the answer to this ​

Answers

Answer:

Maybe 5?

Step-by-step explanation:

If not im really sorry!!!!!!!

What is the multiplier? *
х y
0 0.01
1 0.005
2 0.0025
3 0.00125

options:
a) 2
b) 5
c) 1/5
d) 1/2

Answers

The answer is d) 1/2

The table below shows the distribution of students in a sixth grade drama
club What is the ratio of the number of girls to the number of boys? 18 boys 28 girls

Answers

Step-by-step explanation:

9:14

Hope this helps xxx

Can someone help Solve these 2 questions for me? It's about Slope Intercept Forms.

Answers

Answer:

9.) The slope is 3 and the y-intercept is -5

10.) y = 0.25x -11

Hope this helped!

Stay safe! <3

PLEASE HELP ME ITS MY LAST QUESTION

Answers

Answer:

30 degrees

Step-by-step explanation:

yes

Answer is 60

Step by step exploration

X+30+90=180
X=180-90-30
X=60

The table represents some points on the graph of a linear function.
Х
-1
5
7
11
у
6
3
2.
o
What is the rate of change of y with respect to x for this function?
2
O
2
-2

Answers

Answer:

should i provide formula

Use substitution to solve the
following system of equations.
9x + 5y = 32 AND y = -3x + 4

Answers

Answer:

x = -2

y = 10

Step-by-step explanation:

Since they already gave y as -3x +4, you will then have to substitute that amount into the formula

9x + 5y = 32

By doing that you get

9x +5(-3x+4) = 32

9x -15x +20 = 32

Then, you ill take 20 to the other side to subtract 32, which will get you

-6x = 12

Then, you will get x = -2

Then substitute that for the equation

y = -3x + 4

You will get

y = -3(-2) + 4,

You will get y as 10

SO then your final answer is x = -2, y = 10

Find m angle ADB !!!!!

Answers

Answer:

[tex]<ADB=9[/tex]×[tex]5+4[/tex][tex]=49[/tex]

Step-by-step explanation:

[tex]<(13x-16)=<(9n+4)\\\\13x-9x=4+16\\\\4x=20\\\\x=\frac{20}{4} \\\\x=5\\\\<ADB=9*5+4=49[/tex]

hope it helps....

Complete the sentence?

Answers

Answer:

2

Step-by-step explanation:

The answer is 2 so the longest is double the size of the shortest

At the craft store, Gabby bought a bag of blue and red marbles. She received 63 blue marbles and 21 red marbles. What percentage of the marbles were blue?

Write your answer using a percent sign (%).

Answers

Answer:

75%

Step-by-step explanation:

63+21 = 84

That is the overall amount of marbles, this allows you to get a percentage

63/84 = .75 = 75%

Given the median QR and trapezoid MOPN, what is the value of x?
5x - 7
P
27
Q
R
6x + 6
N
O A. 6
O B. 18
O C. 2
O D. 5
O E. 7
o
F. Cannot be determined

Answers

Answer:

D. 5

Step-by-step explanation:

Based on the midsegment theorem of a trapezoid, thus:

QR = ½(OP + MN)

Substitute

27 = ½((5x - 7) + (6x + 6))

27 = ½(5x - 7 + 6x + 6)

Add like terms

27 = ½(11x - 1)

Multiply both sides by 2

2*27 = 11x - 1

54 = 11x - 1

54 + 1 = 11x

55 = 11x

55/11 = x

5 = x

x = 5

What is the probability a customer ordered a small, given that he or she ordered a hot drink?

Answers

The answer is 5
All of them are 100
5 are hot

Answer:

7% is the answer

Step-by-step explanation:

A child's ticket to a concert costs x and an adult ticket cost four times as much as a child's ticket The difference between Mrs. Royal ticket and her
child's tickets is $600.
(a) Write an equation to show this information.
(b) Solve your equation and write down the cost of an adult ticket.
​

Answers

Answer:

Mrs.Royal's ticket costs $800.

Step-by-step explanation:

Child's Ticket= x

Adult's Ticket= 4x

4x-x=600

3x=600

x=200

200*4=800

two swimmers swam lobstering practice together the swim 175 laps swmmier b swam 25 more than twice as many as swimmer a how many laps did swimmer a swim​

Answers

Answer:

swimmer b swims 100 yards. approximately how many more feet did swimmer a swim than swimmer b? 2.

Step-by-step explanation:

A computer programmer worked for 5 hours and earned $25, which is a rate of $_ Per hour

Answers

Answer:

They earned 5 dollars per hour

Step-by-step explanation:

Take the amount earned and divide by the number of hours

25/5

5

They earned 5 dollars per hour

all about dividing rational number, please help!

Answers

Answer: multiple the fractions

Step-by-step explanation:

1, 43/8 ÷3/2 when we write it as multiplication it is going to be 43/8*2/3

and the solution is

=86/24

simplify it

the result is

=43/12

2, 32/3÷4/3

then 32/3*3/4

=8

3, 51/4÷5/2

then 51/4*2/5

=51/10


Sofia orders a drink at a coffee shop. She can order water (W), coffee (C), or tea (U). If she orders coffee or tea, she can have milk (M), sugar
(S), both (B) or neither (N) added to her drink.
Which list shows all the possible drink orders Sofia can make?
O AW.CT
B. W. CT, M, S, BN
O c W. CTM, TS, TB, TN
O D. W, CM, CS, CB, CN, T
O EW, CM, CS, CB, CN,TM, TS, TB, TN

Answers

answer is M? well from what others say

Answer:

c

Step-by-step explanation:

Find the area of the circle.

Answers

Answer:

have of 18 is 9

9^2 is 81

81 x 3.14(pi) = 254.34

Formula of area of a circle:

half of diameter or given radius squared

Times

3.14(pi) or whatever you use for pi.

what is the surface area of the triangular prism shown​

Answers

The surface area of the shape shown is 1008 square centimeters. I hope this helps!

In problem 8-94 you found that if you are given three lengths to build the sides of a triangle, then if a triangle can be formed, all the triangles you could make were the same. Suppose you start with two triangles knowing that their three pairs of corresponding sides are the same, as shown in the diagram below.

Triangle, A B C, where side, A C, has one hatch mark, side, C B, has 2 hatch marks, and side, A B, has 3 hatch marks.

Triangle, P Q R, where side, R P, has one hatch mark, side, P Q, has 2 hatch marks, and side, R Q, has 3 hatch marks.

Examine the diagram. What do you think the markings indicate? Name the pairs of corresponding sides.

What can you say about the two triangles and why? What can you say about their angles? Why?

Answers

我真的不知道对不起哥们我真的不知道对不起哥们

Dr.dre is a dentist. He needs to report on the average number of cavities that his patients have 1,0,5,6,4

Answers

Answer:3.2

Step-by-step explanation: add them all up and divide by the sample size.

Answer:

The average number of cavities is 3.2

Step-by-step explanation:

To find the answer we will put them in order from least to greatest.  

0, 1, 4, 5, 6.  Now add all the numbers up and we get 16.  Because we are trying to find the average number, we will count up how many numbers there are.  Since their are 5 numbers total, we divide 16 by 5 and we get 3.2.  Therefore, 3.2 is our answer.

Hi! Please explain how you got the answer, thanks! :))​

Answers

Answer:

2000

Step-by-step explanation:

1996: 30+5 5×6=30

2000: 60+10 10×6=60

Which is the answer. A B C D?

Answers

The answer should be A.

Irma deposited $90 in a savings account earning 5% interest, compounded annually.
To the nearest cent, how much interest will she earn in 3 years?

Answers

Answer:

6.76

Step-by-step explanation:

Go to quizlet.

What percent of 280 is 133?

Answers

Answer:

47.5

hope this helped

Answer:

47.5

Step-by-step explanation:

(5 x 10^2)^−2
i dont get it

Answers

Answer:-250,000

Step-by-step explanation:

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