Ella is Bono motorcycle and he’s taking out a loan in the amount of $15,000 her choice is for the loan or a 36 month loan at 6.50% annual simple interest and 48 month loan at 7.50 annual simple interest what is the difference in the amount of interest Ella would have to pay for these two loans

Answers

Answer 1

Answer:

Step-by-step explanation:

Step-by-step explanation:

The formula for simple interest is expressed as

I = PRT/100

Where

P represents the principal

R represents interest rate

T represents time in years

I = interest after t years

Considering the 36-month loan,

T = 36 months = 36/12 = 3 years

P = $15000

R = 6.5%

Therefore

I = (15000 × 6.5 × 3)/100

I = 292500/100

I = $2925

Considering the 48-month loan loan,

T = 48 months = 48/12 = 4 years

P = $15000

R = 7.5%

Therefore

I = (15000 × 7.5 × 4)/100

I = 450000/100

I = $4500

The difference in the amount of interest Ella would have to pay for these two loans is

4500 - 2925 = $1575


Related Questions

Rewrite the following without an exponent. 6^-2
Please answer ASAP!

Answers

Answer:

Rewriting [tex]6^{-2}[/tex] without an exponent we get [tex]\mathbf{\frac{1}{36}}[/tex]

Step-by-step explanation:

We need to rewrite the following without an exponent. [tex]6^{-2}[/tex]

We need to solve the exponent to find the result.

We know the exponent rule: [tex]a^{-b}=\frac{1}{a^b}[/tex]

Now using this rule to solve the equation:

[tex]6^{-2}\\=\frac{1}{6^2}\\We \:know \:that\:6^2 = 6\times 6=36\\=\frac{1}{36}[/tex]

So, Rewriting [tex]6^{-2}[/tex] without an exponent we get [tex]\mathbf{\frac{1}{36}}[/tex]

Write the given percent of increase or decrease as a growth factor.



7% Increase


a.1.7

c. 7.1

c.1.007

d.1.07

Answers

Answer: D

Step-by-step explanation:

can someone help me please, i’ll give brainly. (10 points)

Answers

Answer:

Gradient of Line A: 0.75

Gradient of Line B: 0.8

Therefore the lines ARE NOT parallel.

Step-by-step explanation:

Find the gradient (slope) of line A and B respectively.

Line A Gradient:

Equation of line A is 3x - 4y = 5

Rewrite this in slope-intercept form as y = mx + b, where m is the gradient (slope).

Thus,

3x - 4y - 3x = -3x + 5

-4y = -3x + 5

Divide both sides by -4

y = ¾x + ⁵/4

The gradient = ¾ = 0.75

Line B Gradient:

Gradient of line passing through (4, 7) and (-1, 3)

[tex] m = \frac{y_2 - y_1}{x_2 - x_1} = \frac{3 - 7}{-1 - 4} = \frac{-4}{-5} = \frac{4}{5} [/tex]

Gradient (m) = ⅘ = 0.8

Since both lines do not have the same gradient, therefore the lines are not parallel.

PLEASE ANSWER ASAP FOR BRAINLEST!!!!!!!!!!!!!!!!!!!

Answers

$4x-5$ is less than 25$

The school says that no less than a third of the juniors went to prom. If 37 juniors went, what the minimum amount of juniors at the school?

Answers

Answer: 37 times 3 is 111. So there are 111 junior at that school.

1/3 times the # = the answer.

Refer to the diagram shown.
35°
25
t
DE
M
4
N
R
6
Q
What is m 2 MNT?
m2 MNT =

Answers

Answer:

what subject?

Step-by-step explanation:

The measure of <MNT = 142.17

What is Trigonometry?

The area of mathematics that deals with particular angles' functions and how to use those functions in calculations. There are six popular trigonometric functions for an angle. Sine (sin), cosine (cos), tangent (tan), cotangent (cot), secant (sec), and cosecant are their respective names and acronyms (csc).

Given:

PR= 6+ 4= 10 unit

So, using trigonometry

tan 25 = PT/ PR

0.466 = PT / 10

PT= 4.66 unit

Now, In ΔNPT

tan <TNP = P/ B

tan <TNP =  4.66/6

tan <TNP = 0.7766

<TNP = 37.83

Now, <MNT + <TNP = 180 {Linear pair}

<MNT = 142.17

Learn more about Trigonometry here:

https://brainly.com/question/29002217

#SPJ2

x + 6 >10 or 3x + 11 ≤ −7

Answers

Answer:

x>4 or x≤-6

Step-by-step explanation:

x+6>10 or 3x+11≤-7

x>4 or 3x≤-18

x>4 or x≤-6

If fx) = -3x - 5 and g(x) = 4x - 2, find (f - g)(x).

Answers

(f-g)(x) = -3x - 5 - 4x + 2 = -7x -3

If BD bisects ∠ABC, find each value

Answers

Answer:

x=14

y=10

AD=19

CD=19

Step-by-step explanation:

x:

5x-6=64

   +6   +6

5x=70

x=14

y:

3y-11=y+9

   +11    +11

3y=y+20

-y   -y

2y=20

y=10

AD:

3y-11

3(10)-11

30-11

19

CD:

y+9

(10)+9

19

Given the expression m - 5w + 3m +4n + 2w, Jeriche rewrote it as 4m - 3w + 4n while John rewrote it as 8mn - 3w Who is operatorname correct? What did the other do wrong?

Answers

Answer:

eJeriche is correct, the answer is 4m - 3w + 4n, John didn't collect the like terms correctly

Step-by-step explanation:

Answer: 4m - 3w + 4n - this is the right decision.

Step-by-step explanation:

m - 5w + 3m + 4n + 2w = m + 3m - 5w + 2w + 4n = 4m - 3w + 4n

Jericho wrote correctly, and John - not.

John put together various variables n and m, which is not allowed.

The distance in feet that Karina swims in a race is represented by 5d -5, where d is the distance for eac
What is an expression equivalent to 5d -5?
Choose the correct answer below.
A. 5d - 5 = 5(-5)
B. 5d -5 = -5 + 5d
C. 5d - 5 = 5-5d
D. 5d - 5 = -5(d+5)

Answers

Answer:

C. 5d - 5 = 5-5d

Step-by-step explanation:

The answer is B. 5b-5 = -5+5b

Chose the ratio that forms a proportion with the ratio 3/8?​

Answers

Answer:

well i donk know

so but just trying to get points

HELP I’m being timed!!

Answers

Answer:

A 1/4

Step-by-step explanation:

Answer:

A. There is a 1/4 chance.

Step-by-step explanation:

There are 8 outcomes if a coin is flipped 3 times.

Of these, 4 start with tails.

Since 4 is the denominator here, C (3/8) is out.

Also 4 doesn't have 3 as a factor, so B (1/3) is also out.

After the tails flip, two heads follow.

That's one of four of the combinations starting with tails (THH, THT, TTH, TTT, so D is out, leaving A as our answer! (We would need two for A to work)

Given the function g(x)=41x^3+a for some constant a, which describes the inverse function g^-1(x)

Answers

Answer:

[tex]g^{-1}(x)=\sqrt[3]{\frac{x-a}{41}}[/tex]

Step-by-step explanation:

The inverse of a function has [tex]x[/tex] and [tex]y[/tex] values switched from the original function. Therefore, simply switch [tex]x[/tex] and [tex]y[/tex] and isolate [tex]y[/tex] to get your inverse function:

Original function: [tex]g(x)=41x^3+a[/tex]

Switching [tex]x[/tex] and [tex]y[/tex], then isolating [tex]y[/tex]:

[tex]x=41y^3+a,\\x-a=41y^3,\\\frac{x-a}{41}=y^3,\\y=\sqrt[3]{\frac{x-a}{41}}[/tex].

Therefore, the inverse of the [tex]g(x)=41x^3+a[/tex] is:

[tex]\fbox{$g^{-1}(x)=\sqrt[3]{\frac{x-a}{41}}$}[/tex].

A dolphin travels through the water at a speed of 25 kilometers per hour. Which representation shows the distance a dolphin can travel at this rate

Answers

Answer:

B

Step-by-step explanation:

If P = 3x2 – x + 2 and Q = x2 + 5x – 6, then P + Q =
Question 3 options:

A)

4x2 – 4x + 4


B)

4x2 + 4x + 4


C)

4x2 + 4x – 4

D)

4x2 – 4x – 4

Answers

Answer:

B)

4x2 + 4x + 4 may be right answer

AC =
Round your answer to the nearest hundredth.
?
С
70°
4
B

Answers

Answer:

huh? im confused on the question

Step-by-step explanation:

!!

Answer: 3.76

Step-by-step explanation:

trust

find the product of (−x−3)(2x2+5x+8)

Answers

The product is -5x^2-27x-36
-5x-^27x-36


^=2
Hope this helps

Given that the following is a Rhombus, find the missing angles.

Answers

Answer:

1. 90

2. 61

3. 29

4. 61

Step-by-step explanation:

1 is a 90 degree angle. Triangles = 180 degrees

You roll a number cube twice. What is the probability of rolling a 2 first and then rolling an odd number?
12
Gel.

Answers

Answer:

50/50

Step-by-step explanation:

It's for middle School PLZZZZ HELPPPP.
Lauren and her brother are buying their mom a watch for her birthday. The original price of the watch is $50, but the store is having a 25% off sale on watches. The sales tax in Lauren’s state is 6%.

How much will Lauren and her brother pay for the watch including tax? How much will each sibling pay if they split the cost equally?

Answers

Answer:

$20

Step-by-step explanation:

To find out sale

50 x .25 = 12.5

To find out tax

37.5 x .06 = 2.25

Then final price

37.5 + 2.25 = 39.75

If they spilt price

$19.88

Answer:

1. $37.5 without tax

2. Split bill with tax: $19.88

3. Split bill withput tax: $18.25

Step-by-step explanation:

Make an equation first.

y=.25 (50)

This would help solve the amount for the discpunt sale.

The discout is $12.5 off.

50-12.5=37.5

Now we have tp solve for the tax amount.

y=0.06 (37.5)

y=2.25

2.25 is the tax amount.

We have to add these all together to get the answer for part 1.

37.5+2.25= $39.75

The following inequality has a solution in the form X > A. Solve the inequality and place the correct value of A into the box.

-17x - 10 > 7 - 20x

Answer: x > ______
Enter your answer as an integer or a reduced fraction in the form A/B.

Answers

It is the answer 20 x of that

Here is a easy one if you are low on points

Answers

Answer:

11x -21= 180

11x=201

18.2727273

Step-by-step explanation:

HELP AGAIN PLSSSSSSSS

Answers

The correct answer is 25 :)

5 x 5= 25

Answer:

5x5 = 25

hope this helps (again) :D

(help me it is not much)
Which form of a linear equation should we use when given the y-intercept and the slope of
the line?
Point-Slope form
Slope-intercept form
Standard form?

Answers

Answer:

Slope Intercept Form

Step-by-step explanation:

its the basics

Graph the following inequality and then select the correct graph below.
x+y<1

Answers

Answer:

The inequality x+y<1 should look like the graph attached.

It should be a dashed line, not a solid line.

Answer:

The second one you click to switch it

Step-by-step explanation:

Just did the quiz just going by every question and giving answers

Jack is shopping. Last week he bought $10 of groceries and ended up paying $10.07 after taxes. This week he's buying $15 of groceries. If the tax rate remains the same, how much will he end up paying after taxes?

Answers

Answer:

16.05

Step-by-step explanation:

first I realized 7 cents is .07% of 10 the I multiplied .07 times 15 then I added them up and got the answer

16.05 is the correct answer to this

Does changing the compound inequality x>-3 and x<3 from and to or change the solution set? Explain

Answers

Answer:

So the answer is

Step-by-step explanation:

x)2943

Answer:The x values of the “and” inequality satisfy both inequalities.

The x values of the “or” inequality satisfy one or both inequalities.

Changing the compound inequality from “and” to “or” changes the solution set from the values between –3 and 3 for all real numbers.

Step-by-step explanation:

that's all u need

4 pounds of grapes cost $11.52. what is the unit rate?

Answers

Answer: 2.88/1

Step-by-step explanation:

Graph the opposite of the opposite of 10 on the number line. Click on the number line to
identify the number's location.

Answers

Answer:

the opposite of 10 is -10 that's the best i could do for ya my bad hope this still helps.

Step-by-step explanation:

Answer:-10

Step-by-step explanation:

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