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lisov135 [29]
2 years ago
7

Kermit took out a 4 year loan for $5,500. He had to pay a total of $1,870 in interest payments. What rate did he pay for his loa

n?
Mathematics
1 answer:
dybincka [34]2 years ago
8 0

Answer: 8.5%

Step-by-step explanation:

This is simple interest.

The formula fie finding simple interest is

I = principal × rate × time

-------------------------------

100

I = PRT/100

From the given values,

P = $5,500, T = 4years, R = ?, I = $1,870

Now we shall change the formula which is fundamental or in situ to suit the rate R.we now have

I = PRT

----

100

PRT = I × 100

R. = I × 100

---------

P × T

= 1,870 × 100

---------------

5,500 × 4

= 1,870 × 25

------------

5,500

= 187000/4

-----------

5500

= 46750/5500

= 8.5%

Therefore, the imtetest rate at which the loan was calculated is

8.5%.

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Erica earned a total of $50,450 last year from her two jobs. The amount she earned from her job at the store was $1,250 more tha
Mariana [72]

Erica earned a total of $50,450 last year from her two jobs. The amount she earned from her job at the store was $1,250 more than four times the amount she earned from her job at the college.

Lets x be the amount she earned from here job at college

amount she earned at the store = 4 * amount earned at college + 1250

= 4x + 1250

Amount earned at college + amount earned at store = 50450

x + 4x + 1250 = 50450

5x + 1250 = 50450

Subtract 1250 from both sides

5x = 49200 (divide by 5)

x = 9840

she earn $9840 from her job at the college

5 0
2 years ago
The change in the value of a stock is represented by the rational number -5.90 describe in words what this means
xxMikexx [17]

We are given : A stock is represented by -5.90.

The given number is a negative number.

Note: When a stock is given by a negative number, it represents the decrease in stock and when a stock is given by a positive number, it represents the increase in stock.

As we are given number is a negative number, we can just say that

" The stock value is being decrease by 5.90".

3 0
2 years ago
One factor of the polynomial 2x^3 - 3x^2 - 3x + 2 is ( x - 2 ). Which expression represents the other factor, or factors, of the
Georgia [21]

Answer:

Option (D)

Step-by-step explanation:

Given polynomial is,

2x³ - 3x² - 3x + 2

If (x - 2) is the factor of the given polynomial,

By synthetic division we can get the other factor.

2 |  2     -3       -3       2    

 

    <u>         4         2      -2          </u>

     2      1         -1        0

Therefore, other factor of the given polynomial is (2x² + x - 1)

Now (2x² + x - 1) = 2x² + 2x - x - 1

                           = 2x(x + 1) -1(x + 1)

                           = (2x - 1)(x + 1)

Therefore, factors of the given polynomial other than (x - 2) are (2x - 1) and (x + 1)

Option (D) will be the answer.

4 0
2 years ago
A population of butterflies grows in such a way that each generation is simply 1.5 times the previous generation. There were 350
kap26 [50]

Answer:

378.5 or just 378

Step-by-step explanation:

This is a linear model with x representing the number of generations that's gone by, y is the number of butterflies after x number of generations has gone by, and the 350 represents the number of butterflies initially (before any time has gone by.  When x = 0, y = 350 so that's the y-intercept of our equation.)

The form for a linear equation is y = mx + b, where m is the rate of change and b is the y-intercept, the initial amount when x = 0.

Our rate of change is 1.5 and the initial amount of butterflies is 350, so filling in the equation we get a model of y = 1.5x + 350.

If we want y when x = 19, plug 19 in for x and solve for y:

y = 1.5(19) + 350

y = 378.5

Since we can't have .5 of a butterfly we will round down to 378

7 0
2 years ago
What is the greatest counting number that divides 17, 25 and 41 and leaves the same remainder in each case?
Stels [109]

The greatest counting number that divides 17, 25 and 41 and leaves the same remainder in each case is 8

5 0
2 years ago
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