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andreyandreev [35.5K]
2 years ago
6

What is the time period of a loan for $2,500 at 12% exact interest if the amount of interest is $118.36? Round to the next highe

r day
Mathematics
2 answers:
Marianna [84]2 years ago
5 0
I believe it's 144 days.

Hope this helped!
Hitman42 [59]2 years ago
5 0

Answer: 144 days.

Step-by-step explanation:

Using simple interest formula, I = PRT.

Where I = Interest, P = Principal, R = Rate, T= Time.

From the question, I = $118.36, P = $2500, R = 12% = 0.12 T = ?

To get time, substitute for the parameters above into the equation I = PRT

118.36 = 2500 × 0.12 × T

118.36 = 300T

Dividing both sides by 300,

T = 118.36 ÷ 300

= 0.395 years.

0.395 years in a 365 days calendar year will be

0.395 × 365 = 144.175 days.

Rounding up to the next higher day, we have 144 days.

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One week, Brody earned $396.10 at his job when he worked for 17 hours. If he is paid the same hourly wage, how many hours would
mario62 [17]

Answer:

30 hours

Step-by-step explanation:

so i did 396.10/ 17, and i got 23.3 then u divide his hourly pay by 699.00 and u got 30

4 0
2 years ago
The Fortune 500 is comprised of Fortune magazine's annual list of the finite population of the top 500 companies in the U.S. ran
Serjik [45]

Answer:

The standard error of the proportion is 0.0367.

Step-by-step explanation:

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean \mu and standard deviation \sigma, the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean \mu and standard deviation s = \frac{\sigma}{\sqrt{n}}.

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

For a proportion p in a sample of size n, the standard error is s = \sqrt{\frac{p(1-p)}{n}}

In this question:

p = 0.16, n = 100

So

s = \sqrt{\frac{0.16*0.84}{100}} = 0.0367

The standard error of the proportion is 0.0367.

4 0
2 years ago
to cover her rectangular screened porch with outdoor carpet, kendra needs at least 67.1 square feet of carpet. the length of ken
mixer [17]
I believe the answer is x is greater or equal to 54.9 (x=width)
4 0
2 years ago
Please help. I am getting in trouble so please try to be correct...
vichka [17]

Answer: The answer is A 17in2

Step-by-step explanation:

In the question it states that the triangles are congruent (both the same).

  first I found the area of the top orange triangle.

the formula to find the area of a triangle is \frac{1}{2} bh (base times Height).

so I did  \frac{1}{2} 3.23* 5.12  which gave me 8.27.

Since the triangles are congruent (the same) they would both have the same area along with base and height. so I multiplied 8.27 by 2 (because there are two triangles) and got 16.54 which rounds up to 17.

the question also stated to find the APPROXIMATE area (close to the actual, but not completely accurate or exact.)

7 0
2 years ago
Jose ran13 mile in 3 minutes and 15 seconds. Calculate Jose's rate in minutes per mile; in other words, the time that it would t
Alexus [3.1K]

Answer:

1 mile = 15 seconds

Step-by-step explanation:

3 minutes and 15 seconds = 3 min + 15 sec

1 minute = 60 seconds

15 seconds =15/60 = 0,25 min

then

3minutes and 15 seconds = 3.25 minutes

13miles in 3 minutes and 15 seconds

= 13 miles / 3.25 minutes

= 4 miles / 1 minute

every minute Jose ran 4 miles

then:

4 miles is a 1 minute

1 mile is a T minutes

T = 1*1/4

T = 1/4 minute

1 minute = 60 secomds

1/4 minute = 60*1/4 = 60/4 = 15 seconds

7 0
2 years ago
Read 2 more answers
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