You borrow $350 from your aunt and agree to repay her $400 ($350 principal + $50 interest) in 18 months. What interest rate (using simple interest, and to the nearest tenth) are you paying?

Answers

Answer 1

Answer:

The interest rate is 0.79% per month.

Step-by-step explanation:

Present value of borrowed amount = $350

Future value of borrowed amount = $400

Interest amount = $50

Time duration = 18 months or 1.5 years

Now we have to find the rate of interest by using the above information. Here below is the calculation of interest rate.

Interest rate =  P×R×T

50 = 350 × R×18

R = 0.007936

Or, R = 0.79% per month.


Related Questions

Kerrie is tiling the floor of a kitchen. The kitchen floor measures 11.3 feet by 9.25 feet. She orders enough tiles for 99 square feet. Which statement about the amount of the tiles is correct?

Answers

This question is not complete

Complete Question

Kerrie is tiling the floor of a kitchen. The kitchen floor measures 11.3 feet by 9.25 feet. She orders enough tiles for 99 square feet. Which statement about the amount of tiles is correct?

a) Kerrie estimated correctly by rounding down. She has enough tile. The exact area is 104.5 square feet.

b) Kerrie estimated correctly by rounding up. She has enough tile. The exact area is 104.5 square feet.

c) Kerrie did not estimate correctly by rounding up. She does not have enough tile. The exact area is 104.5 square feet.

d) Kerrie did not estimate correctly by rounding down. She does not have enough tile. The exact area is 104.5 square feet.

Answer:

a) Kerrie estimated correctly by rounding down. She has enough tile. The exact area is 104.5 square feet.

Step-by-step explanation:

In mathematics we have what is defined as rounding up and rounding down.

Rounding up of numbers is when the number you want to round up is followed by number from 5 to 9(5, 6, 7, 8, 9)

E.g. 2.5 rounded up to the nearest whole number = 3

Rounding down of numbers is when the number you want to round up is followed by number from 1 to 4(1, 2, 3, 4)

E.g. 2.4 rounded down = 2

We are told in the question

Kerrie is tiling the floor of a kitchen. The kitchen floor measures 11.3 feet by 9.25 feet. She orders enough tiles for 99 square feet.

Kitchen floor is rectangular = Area = Length × Width

= 11.3 × 9.25 feet

= 104.525 square feet

We are told that Kerrie ordered for 99 square tiles.

But looking at the decimal, the number after the decimal are between 1 and 4.

Hence, she would be rounding down.

If Kerrie rounds down to the nearest whole number

11.3 feet = 11 feet

9.25 feet = 9 feet

Finding the area = 11 feet × 9 feet

= 99 square feet

Therefore, the correct statement = option a) Kerrie estimated correctly by rounding down. She has enough tile. The exact area is 104.5 square feet.

Answer:

104.05

Step-by-step explanation:

The function f(x) = |x| is graphed over the interval [−6, 3].
Which translation of the graph has the domain [−3, 6]?

Answers

Answer: g(x)=lx-3l

Step-by-step explanation:

g(x) = |x − 3| is the translation of the graph has the domain [−3, 6]. Therefore, option D is the correct answer.

Given that, the function f(x) = |x| is graphed over the interval [−6, 3].

We need to find which translation of the graph has the domain [−3, 6].

What is a domain?

The domain of a function is the set of all possible inputs for the function.

g(x) = |x − 3| graph has the domain [−3, 6].

Therefore, option D is the correct answer.

To learn more about the domain visit:

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Order the set of numbers from least to greatest:

Answers

- 31/6 , -26 square rooted, -5, - 5/6



Simplify: -0.8b + 4.1c - (-3.2b) - 0.1c

Answers

Answer:

[tex] - 0.8b + 4.1c + 3.2b - 0.1c = 4c + 2.4b[/tex]

How many eight-digit numbers can be formed if the leading digit cannot be zero and the last number cannot be 1 ?

Answers

Answer:

128 unique numbers

Step-by-step explanation:

Since only 0 and 1 are to be used, an 8 digit number will have a leading 1. The rest 7 places are free to be either 0 or 1

Help please Is this correct?, I don't know if I did this right.

Answers

Answer: Infinitely many solutions

Any real number works for x

==============================================

Work Shown:

[tex]6 - 2x - 1 = 4x+5 - 6x\\\\-2x+6 - 1 = 4x - 6x+5\\\\-2x+5 = -2x+5[/tex]

We get the same identical expression on both sides. So plugging any number in for x leads to getting the same number on both sides.

-----------

For instance, if x = 0,

[tex]-2x+5 = -2x+5\\\\-2(0)+5 = -2(0)+5\\\\5 = 5\\\\[/tex]

which is a true statement. The same happens when we plug x = 0 into the original equation

[tex]6 - 2x - 1 = 4x+5 - 6x\\\\6 - 2(0) - 1 = 4(0)+5 - 6(0)\\\\6 - 0 - 1 = 0+5 - 0\\\\5 = 5\\\\[/tex]

A toy company spends $1900 for factory expenses plus $11 per toy truck (t) to make each toy truck. The trucks (t) sell for $30 each. What is the equation in terms of (t).

Answers

Answer:

P(t) = 19t - 1900

Step-by-step explanation:

The factory expenses = $1900

Per toy expense = $11

The selling price of toy = $30

Now we have to convert it in the equation form. Use the below formula to convert these values in equation form.

Profit = Total revenue – total cost

Profit = TR – (variable cost + fixed cost)

Profit on truck = 30t – (11t + 1900)

Profit = 30t – 11t – 1900

P(t) = 19t - 1900

What’s the answer ???

Answers

Answer:

2 Liters

Step-by-step explanation:

.25 liters=1/8 fish aquarium

.25x8=2

Andrew went to the store with $200.00. He bought 2 pair of shorts for $25.00 each, he bought 3 shirts for $22.00 each, and he bought a pair of jeans for $25. How much money did he have left? Choose the correct solution.

Answers

200-(25•2)=150
150-(22•3)=84
84-25=59
Andrew has $59 left

Answer:

the answer is 59

Step-by-step explanation:

25×2=50

3×22=66

50+66=116

then you add 25 to 116=141

200-141=59

so he had left 59 dollars at the end

3. Points A, B, C, D, E, and F are integers. Use the clues to put the points in order
from least to greatest. You don't need to solve the numbers themselves!
• D is greater than E.
• B is greater than C.
• A is less than E.
• is greater than D.
• is less than E.
• A is less than F.
Points in order:

Answers

BCDEFA is the correct answer

if f(x) = -3x+4 and g(x) = 2, solve for the value of x for which f(x) = g(x) is true.

Answers

Answer:

x=1

Step-by-step explanation:

you have -3x+4  and your left with  one whole number when you put -3 and 4 together

PLZ HELP!!!

which of the following functions is graphed below

(look at picture above)

Answers

Answer:

The answer is A.

if f(x) = x - 2, what is f(-1)? ​

Answers

Answer:

-f

Step-by-step explanation:

In 2003 the population of an African country was about 15 million people which is 1 million more than four times the population in 1950 enter in so many equation to find the approximate population P ( in millions) in 1950

Answers

Answer:

3,500,000

Step-by-step explanation:

1. 15,000,000 - 1,000,000 = 14,000,000

2. 14,000,000 divided by 4 = 3,500,000

Hopefully this helps you:)

At Emily’s closet 1/3 of the cloths are white and 1/5 are black what. What fraction of Emilly’s clothes are black and white ?

Answers

8/15

Since 1/5 and 1/3 have different denominators, they cannot be added directly.Multiply the denominators (5×3=15)Multiply each with the other denominator 3×(1/5)=3/15, 5×(1/3)=5/15Now, 3/15 +5/15=8/15

Answer:

5/8

Step-by-step explanation:

Help............................

Answers

Answer:

0

Step-by-step explanation:

Degree of a term is known as the power of the variable. As the constant term has no variable , the degree of the constant term is 0.

Here 7 is a constant term. As 7 doesn't have any variable , it can be also written as:-[tex]7 = 7x^0[/tex]

And here the power of [tex]x^0\\[/tex] is 0 , so the degree is 0.

Jenny says the formula for finding the area of a triangle is . Chris says the formula for finding the area of a triangle is . Who is correct?

Answers

Answer:

A= (1/2)b*h

Step-by-step explanation:

The question is incomplete, the question does not state the claims of both Jenny and Chris.

though we can still move on to answer as the area of a triangle is expressed as

Area= half base time hight (pronounced)

and stated mathematically as

A= (1/2)b*h

the ideal of the area of a triangle is taken from the area of the rectangle divided into two from the diagonal to form two triangles

the area of a rectangle (shown in the attachment ) = b*h

now since the rectangle consists of two half triangle,

one triangle will have its area to be half the area of the rectangle

hence

area of the rectangle = (1/2)b*h

kindly find the attachment for your reference

HELP!!!!!!! The square in the middle has an area of 1 square unit. What is the area of the entire rectangle in square units? Explain your reasoning.

Answers

Answer:

  4 square units

Step-by-step explanation:

If you draw a vertical line down the middle of the square, you divide it into two triangles that are congruent to the smaller triangles shown in the figure. Hence each of those triangles has an area of 1/2 square unit.

After you have divided the square as above, you see that two smaller triangles are identical in area to the larger triangles. So, each of those has an area of 2(1/2) = 1 square unit.

Then the total of areas is ...

  2 small triangles + square + 2 large triangles = 2(1/2) + 1 + 2(1) = 4

The area of the rectangle is 4 square units.

6x-9+4x=6-2x=4 this is solving for x

Answers

Steps to solve:

6x - 9 + 4x

~Combine like terms

(6x + 4x) - 9

~Simplify

10x - 9

Best of Luck!

Why do you need to apply a force in order to get the box to move

Answers

Answer:

The reason one must apply a force to a box in order for the box to move is to overcome the friction generated by the box against the plane the box is sitting.

The box at rest has zero friction against the surface on which it sits.  Once a force is applied, a box's movement is resisted by the friction created from contact with the surface.

In order for the box to move, one must generate more force than is being generated by the friction of the surface onto the box, allowing the box to move.

Cheers.

Slope intercept, show work I don't how to get it

Answers

Answer:

1) start with the point slope form y-y1=m(x-x1) and solve for y. y-8=2(x-6) so y-8=2x-12, add 8 to end up with y=2x-4. 2) start with slope intercept form and solve for b, then substitute that back in: y=mx + b, so 8=2(6)+b, 8=12+b, subtract 12 to get b=-4, therefore equation is y=2x-4.

Step-by-step explanation:

those are steps and explanation but the theres an example i put in there to

Eddie Foster packs and seals pens at rate of $0.235 per pack. At the end of his eight-hour
shift, Foster has packed and sealed 480 packs of pens. How much did he earn?

Answers

Answer:

$112.80

Step-by-step explanation:

If he earns $0.235 per pack, and there are 480 packs, then our equation is:

0.235 x 480 = $112.80

The amount of money earned by Eddie for packing and sealing packs of 480 pens is $112.8

What is unitary method?

The method in which first we find the value of one unit and then the value of the required number of units is known as the Unitary Method.

According to the given question.

Amount of money charged by Eddie for packing and sealing a pack of pens = $0.235

Therefore,

The amount of money charged by Eddie for packing and sealing packs of 480 pens

= 480 × $0.235

= $112.8

Hence, the amount of money earned by Eddie for packing and sealing packs of 480 pens is $112.8

Find out more information about unitary method here:

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WILL MARK BRAINLIEST
Given a||b and c is not parallel to a or b which statement must be true?
(Picture)

Answers

Answer:

m4=m8

Step-by-step explanation:

Answer:

I took the test g

Step-by-step explanation:

m 2=7 and m 4=8

Help please!!

Which edges are perpendicular to PR

Select each correct answer
TR
QT
RA
TJ
HP

Answers

I think it’s QT EJ and HA

Answer:

QT. . . . . . . . . . . . . . . I think

Solve
for x.
9x-7=-7 I need the steps please

Answers

Answer:

x=0

Step-by-step explanation:

9x-7=-7

Add 7 to each side

9x -7+7 = -7+7

9x = 0

Divide each side by 9

9x/9 = 0/9

x = 0

Answer: x = 0

Step-by-step explanation:

9x -7 = -7       First add 7 to both sides

    +7    +7  

9x =  0     Now divide both sides by 9

x = 0

The point-slope form of the equation of the line that passes through (-4, -3) and (12, 1) is y-1 = 1/4 (x - 12). What is the standard form of the equation for this line?

a) x-4y=8
b) x-4y=2
c) 4x-y=8
d) 4x-y=2​

Answers

Answer:

i honestly dont know

Step-by-step explanation:

c is the answer to this question

what is 30 + 8h = 50 + 6h ​

Answers

Answer:

h=10

Step-by-step explanation:

30 + 8h = 50 + 6h

8h-6h=50-30

2h=20

h=10

Answer:

Answer:

h=10

Step-by-step explanation:

Step-by-step explanation:

30 + 8h = 50 + 6h

8h-6h=50-30

2h=20

h=10

A researcher interested in vocabulary development obtains a sample of twenty 3-year old children to participate in a research study. The average (i.e., mean) score for the group of 20 is an example of a(n)___________.
a) sample
b) statistic
c) population
d) parameter

Answers

Answer: b) statistic

Step-by-step explanation:

Population = A large groups of individuals sharing the same or similar characteristic by the point og study.Sample  = It is a subset of population .Parameter = It is measure of characteristic in population.Statistic =  It is measure of characteristic in sample.

Since the average score was taken by the group of 20 which is nothing but the sample.

That means, the average score is an example of statistic.

Hence, the correct option is b) statistic .


[tex]3x + 4(x + 1) = x + 2(x + 3)[/tex]
I keep trying this and get it wrong each time Helpp!!!​

Answers

It would be 1/2 and in decimal form it’d be 0.5

Which expression can be used to convert 22 Australian dollars to US dollars? Assume 1.2 Australian dollars equals 1 US dollar. hellllp

Answers

Answer:

$22 aud x 1usd/1.2 Aud

Answer:

13.32 US Dollars

Step-by-step explanation:

22 divided by 1.2 is 18.33333333

round that to 18.3 then work out the us dollars to the australian dollars and you get 13.32

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