A shipping company borrows $70 million at 5% p.a. compound interest to build a new cruise ship. If it repays the debt after 3 years, how much interest will the company pay?

Answers

Answer 1

Answer:

about 11.03 million

Step-by-step explanation:

Use the equation I = P(1+r/100)^n - P (I is the compound interest, P is the principle, r is the rate percent, and n is the number of years):

Substitute the values given:

I = 70,000,000(1 + 5/100)^3 - 70,000,000

Use a calculator to solve and you will get ~11.03 million.

Answer 2

The formula for the amount earned with compound interest after n years is given as:

A = P [tex](1 + r/n)^{nt}[/tex]

P = principal

R = rate

t = time in years

n = number of times compounded in a year.

The interest the company paid is $11 million.

What is compound interest?

It is the interest we earned on the interest.

The formula for the amount earned with compound interest after n years is given as:

A = P [tex](1 + r/n)^{nt}[/tex]

P = principal

R = rate

t = time in years

n = number of times compounded in a year.

We have,

P = $70 million

r = 5%

t = 3 years

n = 1

A = 70 ( 1 + 0.05)³

A = 70 ( 1.05)³

A = 70 x 1.05 x 1.05 x 1.05

A = $81 million

The amount of interest.

= A - P

= 81 - 70

= $11 million

Thus,.

The interest the company paid is $11 million.

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Related Questions

If JK = 28, JL = 20, KL = 13, and ML = 22, calculate NL. Image not set to scale.

Answers

Answer:

NL  = 440 /13  or 33.85 (to two decimals)

Step-by-step explanation:

Consider triangles JKL and NML

angle JLK = angle NLM           vertical angles

angle KJL = angle MNL           given

Therefore triangles JKL and NML are similar

By proportion of corresponding sides of similar triangles,

NL / JL = LM / LK

Substitute given values

NL / 20 = 22 / 13

solve for NL

NL = 20*22 / 13 = 440 /13  or 33.85 (to two decimals)

Answer:

[tex]\huge \boxed{33.85}[/tex]

Step-by-step explanation:

JL is similar to NL. KL is similar to ML.

We can use ratios to solve.

JL/KL = NL/ML

Let the length of NL be x.

20/13 = x/22

Cross multiply.

13 × x = 22 × 20

13x = 440

Divide both sides by 13.

(13x)/13 =440/13

x = 440/13 = 33.846154...

please help !!! idk how to do this

Answers

Answer:

C

Step-by-step explanation:

Here, we want to state the interval that has the highest frequency.

What we are asked here is the range of values where we have the the most common salary.

For 0-10, we have 1 ( Estonia)

For 11-20, we have 1 (Israel)

For 21-30 , we have 0

For 31-40, we have 1 ( Greece)

For 41-50, we have 5

For 51-60, we have 3

For 61-70, we have 1 (Luxembourg)

So 41-50 is the class with the highest frequency

simplfy given equation using the distributive property 6 - (3x+10) + 4(2 - x) =15

Answers

Answer:

see below

Step-by-step explanation:

6 - (3x+10) + 4(2 - x) =15

Distribute

6 - 3x -10 +8 -4x = 15

Combine like terms

4 -7x = 15

Subtract 4 from each side

4 -7x-4 =15-4

-7x =11

Divide each side by -7

-7x/-7 = 11/-7

x = -11/7

Can any kind soul help me please



Use the cosine rule​

Answers

Answer:

M = 45°

Step-by-step explanation:

a²=b²+c²-2bc Cos A

m² = n² + p² - 2np cos M

(5.1)² = (7.2)² + (5.3)² - 2(7.2)(5.3) cos M

26.01 = 51.84 + 28.09 - 76.32 cos M

-53.92 = -76.32 cos M

0.7065 = cos M

M = [tex]cos^{-1 }[/tex](0.7065)

M = 45°

7a - 3 = 3 - 2a What does a equal?

Answers

Answer:

2/3

Step-by-step explanation:

1) Move the 7a to the other side

2) Move the 3

3) Combine like terms

4) Divide by 9

5) Answer is 2/3

Answer:

a=2/3

Step-by-step explanation:

All this problem needs is some knowledge of how an = sign and basic equations work

7a-3=3-2a

7a+2a=3+3  (Sign becomes opposite on the other side of the equation)

9a=6

a=2/3

Thank you for your time!

9. You run a business making birdhouses. You spend $600 to start your business, and it costs you $5.00
to make each birdhouse.
# of birdhouses
1
2
3
4
5
6
7
Total cost to build

Answers

Answer:

$635

Step-by-step explanation:

$5x7 birdhouses=$35want

So, $35+$600=$635 total!

I hope this helps you!

Multiplication is the process of multiplying. The cost of building 7 birdhouses will be $635.

What is multiplication?

Multiplication is the process of multiplying, therefore, adding a number to itself for the number of times stated. For example, 3 × 4 means 3 is added to itself 4 times, and vice versa for the other number.

The cost of the birdhouse is the sum of the fixed cost, which is the setup cost of the business of $600, and the variable cost is the cost that is needed to make a single house, therefore, $5.

Now, the total cost of making n number of houses will be,

Cost of making n house = Fixed cost + variable cost

                                        = $600 + $5(n)

Further, the table can be filled using the above formula by substituting the value of n for the number of houses. Therefore,

Number of bird houses     Total cost to build

       1                                     $600+$5(1) = $605

       2                                    $600+$5(2) = $610

       3                                    $600+$5(3) = $615

       4                                    $600+$5(4) = $620

       5                                    $600+$5(5) = $625

       6                                    $600+$5(6) = $630

       7                                    $600+$5(7) = $635

Hence, the cost of building 7 birdhouses will be $635.

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If a square has a side of length 3, then it’s area is 9. This square has a side of length 3, so it’s area is 9. Is it valid or invalid?

Answers

Answer:

Yes it is valid

Step-by-step explanation:

A square is a geometric shape which is also known as a Quadrilateral. This means that it has 4 sides.

For a square, it's 4 sides are equal to one another or we can put it in other words as the length of the 4 sides of a square are congruent to one another.

From the above question, we are asked that:

"If a square has a side length of 3, it's area is 9. Is it valid or invalid?"

The above statement is valid. This is because, the formula for the Area of a Square is given as

L × L = L²

Where L = Side length = 3

Area = 3 × 3 = 3²

Area = 9

Therefore, the statement is valid.

use the given information to find the new price

wholesale price: $35
markup: 95%​

Answers

Answer:

i think the answer is either $68.25 or $110

i hope this helped

write as an expression: a number that is equal to five less than b

Answers

Answer:

[tex]\huge\boxed{a = b-5}[/tex]

Step-by-step explanation:

Let the number be a

So, the given condition is:

a = b-5

Answer:

[tex]\Huge \boxed{a=b-5}[/tex]

Step-by-step explanation:

Let the number be [tex]a[/tex].

[tex]a[/tex] is equal to 5 less than [tex]b[/tex].

5 is subtracted from [tex]b[/tex].


EXAMPLE 10 Show that the points (a, a),(-a, - a) and (-3a, 3a) are the vertices of an equilateral triangle. Also find its area.​

Answers

Answer:

The triangle is not equilateral.

Step-by-step explanation:

Distance formula:

[tex] d = \sqrt{(x_2 - x_1)^2 + (y_2 - y_1)^2} [/tex]

Distance from (a, a) to (-a, -a):

[tex] d_1 = \sqrt{(-a - a)^2 + (-a - a)^2} [/tex]

[tex] d_1 = \sqrt{(-2a)^2 + (-2a)^2} [/tex]

[tex] d_1 = \sqrt{8a^2} [/tex]

Distance from (-a, -a) to (-3a, 3a):

[tex] d_2 = \sqrt{(-3a - (-a))^2 + (3a - (-a))^2} [/tex]

[tex] d_2 = \sqrt{(-2a)^2 + (4a)^2} [/tex]

[tex] d_2 = \sqrt{20a^2} [/tex]

Distance from (-3a, 3a) to (a, a):

[tex]d_3 = \sqrt{(-3a - a)^2 + (3a - a)^2}[/tex]

[tex]d_3 = \sqrt{(-4a)^2 + (2a)^2}[/tex]

[tex]d_3 = \sqrt{20a^2}[/tex]

The three sides do not have the same length, so the triangle is not equilateral.

What is the answer to (6/7)/(12/21) = 4/x Algebra plz help

Answers

Answer:

(6/7)/(12/21) = 4/x

the first part of the expression :

when divide fraction: turn the sign from ÷ to × and flip the second fraction

(6/7)×(21/12)=4/x

126/84=4/x ( simplify the fraction 126/84)

GCF of 126 and 84 is 42 ( 126/48=3 and 84/42=2)

3/2=4/x ( cross multiplication ( butterfly)

1.5=4/x

1.5x=4

x=4/1.5=2.6666.......

The distance between two points on a number line can be found by taking the ____A_____ of the ____B_____ of the coordinates. Fill in the blanks in the previous sentence by matching the letter for each blank with the correct answer.

Answers

Answer:

The distance between two points on a number line can be found by taking the absolute value of the difference of the coordinates.

Step-by-step explanation:

Every point can be paired with a number on a number lineThe coordinate is the number associated with a pointTo find the distance between point A and B you subtract the coordinates in any order you like and take the absolute value.

A circular hall has a hemispherical roof.
The greatest height is equal to the
inner diameter. If the capacity of
the hals is
the
floor is.
43510 m^3

then
area
of the​

Answers

Answer:

Area=1,288.88m²

Step-by-step explanation:

A circular hall(big room) has a hemispherical roof.The greatest height is equal to the inner diameter.Find the area of the floor,given that the capacity of the hall is 43510 cubic meter

Solution

let

diameter = D

radius,r = D/2

Greatest height = D

height of cylindrical part (h)= D-r = r

radius of cylindrical part = r

area of floor = πr²

volume = volume of cylindrical part + volume of hemispherical part

= πr²h + 2/3 πr³

Recall h=r

volume = πr³ + 2/3 πr³

43510=5/3πr³

Make r the subject

r=3√(43510*3)/5π

=3√(130,530/15.7

=3√8,314.01

=20.26

Area of floor = πr²

=3.14*(20.26)²

=3.14*410.47

=1,288.88m²

a police car drives a constant speed of 64 mph.how far can it travel in 2 hours​

Answers

ABCDEFGHIJKLMNOPQRSTUVWXYZ

Terri graphed a system of linear inequalities. Which ordered pairs are a part of the solution set for this system of linear inequalities? Select two that apply.
(-1, 5)
(2, -4)
(7, -1)
(4, 6)
(5, 2)

Answers

Answer: (2, -4) and (7, -1)

Step-by-step explanation:

Ok, the solutions of the system of inequalities are all the points that lie on the blue shaded part of the graph or in the solid line.

So, in order to see if the points are solutions of the system, then you need to locate the point in the graph and see if it is inside the shaded region or in the solid line (only in the segment that "touches" the shaded region).

Now, we want to find the equation of the solid line, we can see that it passes through the points (0, 6) and (6, 0)

A linear relationship can be written as:

y = a*x + b

where a is the slope and b is the y-axis intercept.

For a line that passes through the points (x1, y1) and (x2, y2), the slope can be written as:

a = (y2 - y1)/(x2 - x1).

Then, in this case, the slope is:

a = (0 - 6)/(6 - 0) = -1.

And to find the value of b, we have that when x = 0, y = 6.

y = 6 = -1*0 + b

6 = b

The equation is:

y = -1*x + 6

(-1, 5) is not in the blue region nor in the solid line, so this is not a solution.

(7, - 1) this point is near the solid line, let's test it:

y(7) = -1*7 + 6 = -1

So the point (7, -1) is on the solid line, and is the other solution of the system.

Dr. Green has to multiply the weight of the team's bug spray bottles, 7 x 90 grams. To solve this, he writes out the equation 7 x 9 x 10. Why does this strategy work?

Answers

Because 9 × 10 equals 90

Then 7×90=7×9×10

24 is 75% percent of what number?

Answers

Answer:

32

Step-by-step explanation:

We can call the number x. 75% can be expressed as 0.75 so we can write the following equation: 0.75x = 24. Dividing both sides by 0.75 to get rid of the coefficient of x, we get that x = 32.

Answer:

32.

Step-by-step explanation:

Let's say the number we are trying to find is x.

24 = 0.75x

0.75x = 24

x = 24 / 0.75

x = 32

Hope this helps!

reduce to simplest form -7/12+3/8 =_____

Answers

I simplified it and I got -5/24

Answer:

-5/24

Step-by-step explanation:

make the denominators the same!

I need hellp please its my last chance to become a senior please someone

Answers

Answer:

d= 6

r= 6/2

r=3

V= π. r². h

V= π . 3². 14

V= π. 9 . 14

V= π 126 cm³

V= 126 π cm³ (π not in number)

hope it helps^°^

Answer:if you use the formula it is 126 pi cm cubed

The answer is c

Step-by-step explanation:

If y=26−(3x+2), then x = ?

Answers

Answer:

-1/3y +8 = x

Step-by-step explanation:

y=26−(3x+2)

Distribute

y = 26 -3x-2

Combine like terms

y = 24 -3x

Subtract 24 from each side

y -24 = -3x

Divide each side by -3

y / -3 -24/-3 = -3x/-3

-1/3y +8 = x

I need Help please answer :((

Answers

Answer:

Second option is the correct answer

[tex] {3}^{ - 4} [/tex]

Step-by-step explanation:

[tex] {3}^{ - 8} . {3}^{4} = {3}^{ - 8 + 4} = {3}^{ - 4} [/tex]

Answer:

The answer is D because you multiply the exponents so -8 times 4 is -32

Hope this helps and plz mark branliest!

Step-by-step explanation:

The length of a rectangle is represented by the function L(x) = 4x. The width of that same rectangle is represented by the function W(x) = 7x2 − 4x + 2. Which of the following shows the area of the rectangle in terms of x? (L + W)(x) = 7x2 + 2 (L + W)(x) = 7x2 − 8x + 2 (L • W)(x) = 28x3 − 16x2 + 8x (L • W)(x) = 28x3 − 4x + 2

Answers

Answer:

(L ⋅ W)(x) = 28x3 − 16x2 + 8x

Step-by-step explanation:

I took the test hope it helps :3

The area of the rectangle is (L · W) (x) = 28x³ - 16x² + 8x. Thus, the correct option is C.

What is an area?

The area of a 2D form is the amount of space within its perimeter. It is measured in square units such as cm², m², and so on. To find the area of a square formula or another quadrilateral, multiply its length by its width.

Given the length of the rectangle is L(x)=4x, and the width is W(x)=7x²-4x+2. Therefore, the area of the rectangle in terms of x is,

L(x)×W(x) = 4x × (7x²-4x+2)

(L · W) (x) = 28x³ - 16x² + 8x

Hence, the area of the rectangle is (L · W) (x) = 28x³ - 16x² + 8x. Thus, the correct option is C.

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Write an equation in slope-intercept form for the line the road will follow. (The road is the dashed line.)

Answers

Answer:

x=6

Step-by-step explanation:

The crocodile river is y = 4

The road will intersect at ( 6,4)

We have two points on the line

(6,7) and (6,4)

The slope is

m = (y2-y1)/(x2-x1)

   = (4-7)/ (6-6)

  = -3/0

The slope is undefined

That means the equation is in the form

x=

Since the x coordinate is 6

x=6

A line passes through point (5, –3) and is perpendicular to the equation y = x. What's the equation of the line?

Answers

Answer:

y = -x +2

Step-by-step explanation:

y =x  has a slope of 1

Perpendicular lines have slopes that multiply to -1

m* 1 = -1

The slope of the perpendicular line is -1

We have a slope and a point

y = mx+b

y= -1x+b

Substitute the point into the equation

-3 = -1(5) +b

-3 =-5 +b

Add 5 to each side

-3+5 = b

2 =b

y = -x +2

How to do this question plz answer me step by step plzz plz ​

Answers

Answer:

194.25meters

Step-by-step explanation:

The distance around the running track is calculated as:

Perimeter of the first semi circle + Perimeter of the second circle +50m + 50m

Semi circle has a length or diameter of = 30m

r = 30/2 = 15m

Perimeter of a circle = 2πr

Hence for a semi circle = 2πr/2 = πr

Perimeter of the first semi circle = π × 15

= 47.123889804m

Perimeter of the second semi circle is the same hence,

π × 15 = 47.123889804m

The distance around the running track

= 47.123889804m + 47.123889804m + 50m + 50m

= 194.24777961m

Approximately= 194.25meters.

Why is it important to consider scale when graphing inequalities?

Answers

Answer:

Because to get a straight line you need a scale. Otherwise you will not be able to graph a straight line.

Hope this helps:)

Given the two figures are similar, calculate the value of y

Answers

Answer:

y+1/12.5=2/5

or,5y+5=25

ory=20/5

so, y=4

Step-by-step explanation:

hope it helps you

which choice is the solution set for the inequality below

x < 3

Answers

Answer:

B) x < 9

Step-by-step explanation:

√x < 3

(√x)² > 3²

x < 9

Please answer this question now

Answers

Answer:

76 degrees.

Step-by-step explanation:

Let as consider O is the center of the circle . So from the figure it is clear that

[tex]\angle AOB=44^{\circ}[/tex]

[tex]\angle COD=118^{\circ}[/tex]

By central angle theorem, central angle subtended by an arc is twice of inscribed angle of the same arc.

We know that, [tex]\angle BAD=97^{\circ}[/tex] and angle BOD is the central angle subtended by arc BD.

[tex]\angle BOD=2\times \angle BAD[/tex]

[tex]\angle BOD=2\times 97^{\circ}[/tex]

[tex]\angle BOD=194^{\circ}[/tex]

Now,

[tex]\angle BOD=\angle BOC+\angle COD[/tex]

[tex]194^{\circ}=\angle BOC+118^{\circ}[/tex]

[tex]194^{\circ}-118^{\circ}=\angle BOC[/tex]

[tex]76^{\circ}=\angle BOC[/tex]

[tex]m(arc(BC))=76^{\circ}[/tex]

Therefore, the measure of arc BC is 76 degrees.

How many and of which kind of roots does the equation
f(x) = x5+ 3x4 + 8x3 + 14x2 + 16x + 8 have?
A. 2 real; 3 complex
B.5 real
C. 3 real;2 complex
D.1 real;4 complex

Answers

Answer:

D. 1 real; 4 complex  

Step-by-step explanation:

1. Calculate the total number of roots

The fundamental theorem of algebra states that any polynomial of degree n has n roots.

Your polynomial is fifth degree, so it has five roots.

2. Calculate the number of real roots

We can use Descartes' rule of signs to determine the number of real roots:

The number of positive real roots is the same as the number of changes in the sign of the coefficients of ƒ(x) or less than by an even number.

The number of negative real roots is the same as the number of changes in sign of the coefficients of the terms of f(-x) or less than this by an even number.

(a) Number of positive real roots

The coefficients of ƒ(x) are

+1 +3 +8 +14 +16 + 8  

There are no changes of sign, so there are no positive real roots.

(b) Number of negative real roots

(i) Find f(-x)

f(-x) = -x⁵+ 3x⁴ - 8x³ + 14x² - 16x + 8

(ii) Count the changes of sign

The coefficients of f(-x) are

-1 ∥ +3 ∥ -8 ∥+14 ∥ -16 ∥ +8

There are five changes of sign.

Thus, the number of negative roots is five, three, or one.

So far, we know that we have five roots. None is positive, and there could be one, three, or five negative real roots.

3. Confirm by sketching the graph

The real roots are the points at which the graph crosses or touches the x-axis.

The graph (see below) crosses the x-axis at only one point.

Thus. we have

one real root (negative) four complex roots

 

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