answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hjlf
2 years ago
3

Sam would like to use his extensive stamp collection as collateral for a secured loan. Sam has documentation that says his stamp

collection is worth $10,525.00. Sam's bank has a policy that permits loan officers to lend no more than 82.5% of the value of the collateral. What is the maximum loan amount Sam can get from his bank using his stamp collection as collateral?
a.
$8,683.13
b.
$9,700.00
c.
$10,525.00
d.
$12,382.35
Mathematics
2 answers:
aleksley [76]2 years ago
5 0
A. $8,683.13. You know the original is $10,525 and the amount you can go up to is 82.5 percent. 82.5 percent is equal to .825/1 so you can multiple 10,525 by .825 to get 8,683.13.
laila [671]2 years ago
5 0

Answer: A is the correct answer to the question

Step-by-step explanation:

$8683.13

Good luck

You might be interested in
Quadratic equation that contain the three ordered pairs <br> (1,6), (3,26), (-2,21)
rosijanka [135]
Y= 3x^2-2x+5

6= 3(1)^2-2(1)+5
6= 3-2+5
8 0
2 years ago
Hazel covered a box with felt. The dimensions of the box are shown in the figure below:
maria [59]

<span>$36.36 because the area of the prism is 404sq. in. , 404x0.09 (for nine cents per sq. in.) = 36.36
</span>
Hope this helps!! :)
8 0
2 years ago
Dilly is 7 years younger than Dally. In 4 years time she will be half Dally’s age. What is the sum of their ages now?
Step2247 [10]

Answer:

<u>The sum of their ages now is 13</u>

Step-by-step explanation:

Dally's age = x

Dilly's age = x - 7

In 4 years time Dilly will be half Dally’s age, therefore:

Dilly's age plus four equals to half of Dally’s age plus four,

replacing with the values and variables we know:

x - 7 + 4 = (x + 4) /2

x - 3 = (x + 4) /2

2x - 6 = x + 4 (Multiplying by 2 at both sides)

2x - x = 4 + 6 (Like terms)

x = 10 ⇒ x - 7 = 3

<u>The sum of their ages now is 13 (10 + 3)</u>

4 0
2 years ago
It cost Liam $6.10 to send 61 text messages. How much would it cost to send 185 text messages?
vredina [299]

Answer:

$18.50

Step-by-step explanation:

In the example before 61 messages = $6.10 or rounding to the tenths place 6.1. If you do the same with 185, you get 18.5 or 18.50

6 0
2 years ago
Read 2 more answers
The diameter of Circle Q terminates on the circumference of the circle at (0,3) and (0,-4). Write the equation of the circle in
Gnesinka [82]
First, determine the center of the circle by getting the midpoint of the points given for the circumference.
                    midpoint = ((0 + 0)/2, (3 + -4)/2)
                          midpoint (0, -0.5)
Then, we get the radius by determining the distance from either of the circumferential point to the center. 
                        radius = √(0 -  0)² + (3 +4)²  = 7
The equation for the circle would be,
                        x² + (y + 0.5)² = 7²
8 0
2 years ago
Other questions:
  • How much money is one third of $2.34
    15·2 answers
  • Match the values based on parallelogram ABCD, shown in the figure. Tiles length of value of value of Pairs 56 arrowBoth 4 arrowB
    10·1 answer
  • Which graph correctly solves the system of equations below? y = −x2 − 1 y = 2x2 − 4 (6 points)
    6·2 answers
  • Verify that the indicated family of functions is a solution of the given differential equation. assume an appropriate interval i
    11·1 answer
  • an amusement park sells child and adult tickets at a ratio of 8 to 1 on Saturday they sold 147 more child tickets than adult tic
    5·1 answer
  • Bob wants to plant a 7 foot by 10 foot garden with a uniform border of petunias around the outside and still have 28 square feet
    11·2 answers
  • Three baby penguins and their father were sitting on an iceberg 0.50.50, point, 5 meters above the surface of the water. The fat
    9·1 answer
  • A food distributor is being sued for racial discrimination because 12% of newly hired candidates are not white when 53% of all a
    9·1 answer
  • Which is the best deal: a 14 ounce drink for $4.50 or a 12 ounce drink for $3.75?
    15·1 answer
  • 3p-pq=20 make p the subject
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!