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netineya [11]
2 years ago
11

Suppose a company borrows 15,000 on 1/1/14 at 10% interest rate for a one year term. The company makes interest payments every q

uarter but accrued for the interest expense each month. Assuming they used the simple interest formula, what amount of interest expense would they record in May?
Mathematics
1 answer:
goblinko [34]2 years ago
5 0

Answer: 125

Step-by-step explanation:

Given that:

The principal = 15000

Rate = 10%

Years = 1 year = 12 month

Interest I = PRT/100

I = (15000 × 10 × 1)/100

I = 1500

The amount of interest expense that would they record in May will be

Interest = I/ 12 = 1500/12 = 125

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Answer:

I'm gonna have to say 54%.

Step-by-step explanation:

It says right in the question, "At a breakfast buffet, 54% of people choose coffee for their beverage"

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Answer:

On a coordinate plane, a dashed straight line has a positive slope and goes through (negative 4, 2) and (4, 4). Everything below and to the right of the line is shaded.

Step-by-step explanation:

The first step is writing in the general form of the first order equation

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We have that:

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When multiplying by -1, the signal changes, from > to <

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The slope is positive, since 0.5 is positive.

Since it is y lesser than, it is everything below and to the right of f(x) is painted.

The line is dashed because this is just lesser, not lesser or equal.

The correct answer is:

On a coordinate plane, a dashed straight line has a positive slope and goes through (negative 4, 2) and (4, 4). Everything below and to the right of the line is shaded.

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