You borrow $600 to buy a canoe. The simple annual interest rate is 5%. You pay off the loan after 4 years of equal monthly payments. How much is each payment?

Answers

Answer 1

Answer:

Amount of each payment = $15 each month

Step-by-step explanation:

Given:

Amount borrow = $600

Simple rate = 5% = 0.05

Number of year = 4 year

Payment method = monthly payment

Find:

Amount of each payment

Computation:

Total amount after 4 year = P + PRT

Total amount after 4 year = 600 + (600)(4)(0.05)

Total amount after 4 year = 600 + 120

Total amount after 4 year = $720

Number of total month = 4 x 12

Number of total month = 48

Amount of each payment = Total amount after 4 year / Number of total month

Amount of each payment = $720 / 48

Amount of each payment = $15 each month


Related Questions

What would be the final
price of a $59.99 video game
in a state that charges 6.5%
sales tax?​

Answers

Answer:

$63.89

Step-by-step explanation:

just multiply 59.99 by 1.065

what are the variables 8 x + 7 - y

plzz I'll give BRAINLIEST​

Answers

Answer:

x and y

Step-by-step explanation:

Those are variables that could be any number. The integers are considered to be coefficients.

Connie bought 172 tulip bulbs. She wants to plant an equal number of bulbs in each of 4 flower beds. How many bulbs should Connie plant in each flower bed?

Answers

She should plant 43 tulip bulbs in each bed.

Answer:

43

Step-by-step explanation:

The answer should be 43 because if you divide 172 by 4 it gives you 43 so that gives you the answer 172 ÷ 4 = 43.

Marking as brainiest
Each student in a class recorded how many books they read during the
summer. Here is a box plot that summarizes their data. What is the Range
of the data?
. 8
10 1 18
number of books
Your answer
This is a required question

Answers

To find the range, you must subtract the maximum and the minimum. In this case you subtract 15 and 2. And you get 13. The range is 13

Are these two angles complementary, supplementary, or neither?
530
1270
Complementary Angles
Supplementary Angles
Neither

Answers

Answer:

Supplementary

Step-by-step explanation:

53 + 125 = 180 degrees

Brainliest. Please aced and expert help me out here.

Answers

Answer:

The following statements are true.

A rhombus is a parallelogram with equal sides. In a parallelogram, opposite sides are equal. The area of a rhombus is found using the formula A = b × h. b and h represents the base and height of the rhombus respectively. The area is found the same way for both a rhombus and a parallelogram. The formula, area = base × height can be used for both rhombus and parallelogram.

Step-by-step explanation:

I'm not an ace nor a genius but here are the correct answers


The family is hiking in the mountains at a rate of 6 miles every 3 hours
How long would it take the family to hike 7.5 miles?
(Hint: You will have a decimal or fraction in your final answer!)

Answers

Answer:

Time = 3 hours & 45 minutes

Step-by-step explanation:

Distance = 6 miles

Time = 3 hours

Speed = Distance ÷ Time

Speed = 6 ÷ 3

Speed = 2 miles/hour

....................................................

Speed = 2 miles/hour

Distance = 7.5 miles

Time = Distance ÷ Speed

Time = 7.5 ÷ 2

Time = 3.75 hours

3.75 hours = 3 hours & 45 minutes

Answer:

Step-by-step explanation:

Time taken to travel 6 miles = 3 hours

Time taken to travel 1 mile = 3 ÷ 6 = [tex]\frac{3}{6}=\frac{1}{2} hour[/tex] = 30 minutes

Time taken to travel 7.5 miles = 30 * 7.5 = 225 minutes = 3.45 hours

write 98 as a product of its prime factor no links or photo or I will report you​

Answers

the prime factors of 98 are written as 2 x 7 x 7 or 2 x 72,

The mean of ten numbers is 13. What eleventh number, if included with the original numbers, would result in a mean of 12?

Answers

Answer:

2

Step-by-step explanation:

To find the mean, you divide the number you get from adding all the numbers by the number of numbers. In this case, we know the mean and the number of numbers but don't know the number you get from adding all the numbers. So, we have to do the reverse operation meaning we have to multiply 13 and 10 together which would equal 130.

Now, we do the same thing with 11 and 12, we multiply! 11 x 12 = 132.

130 + 2 = 132, meaning the answer is 2.

You're welcome!

The eleventh number, if included with the original numbers, would result in a mean of 12 is; x = 2

Formula for mean is;

Mean = Sum of numbers/sample size

We are given;

Mean = 13

Sample size = 10

Thus, sum of numbers = 13 × 10 = 130

Now, we want to add an eleventh number so that the mean will be 12.

Thus, n = 11

12 = (130 + x)/11

Cross multiply to get;

12 * 11 = 130 + x

x = 132 - 130

x = 2

Thus, the eleventh number, if included with the original numbers, would result in a mean of 12 is; x = 2

Read more at; https://brainly.com/question/6995725

You roll a 6-sided die.

What is P(factor of 27)?

A.1/9
B.1/5
C.5/9
D.1/3

Answers

Answer:

D

Step-by-step explanation:

because 1 is a factor of every number and also three is a factor of 27

Write an expression for "m decreased by 2.”

Answers

Answer:

m-2

Step-by-step explanation:

m is being subrtacted by 2

1. Determine the three-dimensional figure that will be created using the following nets.

Answers

Answer:

The figure is a triangular prism

Step-by-step explanation:

it's bc the bases are triangles

A triangular prism is a three-sided prism consisting of a triangular base, a translated duplicate, and three faces connecting similar sides. The given net will form a triangular prism.

What is a triangular prism?

A triangular prism is a three-sided prism consisting of a triangular base, a translated duplicate, and three faces connecting similar sides. A right triangular prism has rectangular sides and is oblique otherwise.

A triangular prism is a three-sided prism consisting of a triangular base, a translated duplicate, and three faces connecting similar sides. The given net will form a triangular prism.

Learn more about Triangular Prism:

https://brainly.com/question/24046619

#SPJ2


5, 11, 17,...
Find the 35th term.

Answers

Answer:

119 is the 35th term

Daphne has a preloaded games card that she is using to play games at the arcade as shown in the table.

How much did Daphne start with on her card?

by what amount does her card value change per game?

write an equation to represent the situation.​

Answers

Answer:

she starts with $25

every three games she spends $1.50 (.50 per game)

Step-by-step explanation:

i mean i cant really explain it, its kinda self explanatory

What is the value of x in this figure?
Enter your answer in the box.
x=

Please help meeee!!

Answers

Answer:

x=48°

Step-by-step explanation:

We two lines cross over each other, making four angles, the angles opposite each other are equal. They're called vertically opposite angles.

x=48 degrees
extra characters:hsjahjshajsjanns

Select the measures that are equal. Select all that apply.pls help me i beg you

Answers

D, B, and F are equal

(ruu ule
(b) दिइएको समीकरणबाट झुकाव पत्ता लगाऊ ।
(Find the slope of the given equation): y-3 = 2x

Answers

Answer:

y-3 = 2x

2x-y+3=0 we have

slope

m =- coefficient of x/coefficient of y=-2/-3=2/3 is a slope..

13. Describe and correct the error in finding the product.
X (x – 5)² = x² – 52
= x2 - 25

Answers

Answer:

Answer:

x=−1.27794

Step-by-step explanation:

x(x−5)2=x2−52

x3−10x2+25x=x2−52

Step 1: Subtract x^2-52 from both sides.

x3−10x2+25x−(x2−52)=x2−52−(x2−52)

x3−11x2+25x+52=0

Step 2: Use cubic formula.

x=−1.27794

Hope it helps +_+

Do bathroom scales tend to underestimate a person’s true weight? A 150 lb test weight was placed on each of 50 bathroom scales. The readings on 28 of the scales were too light, and the readings on the other 22 were too heavy. Can you conclude that more than half of bathroom scales underestimate weight? Find the P-value and state a conclusion. The P-value is . Round the answer to four decimal places. We cannot conclude that more than half of bathroom scales underestimate weight.

Answers

Answer:

the P-value = 0.1977

conclusion: Since the p-value is not small;

we reject null hypothesis

hence, the data does not support claim that more than half of the bathroom scales underestimate weight.

Step-by-step explanation:

 Given the data in the question;

let X represent the number of successes ( the weight is underestimated ) in n independent Bernoulli trials, each with the success probability p

X - Bin( n,p).

so

Null hypothesis             H₀ : p ≤ 0.5

Alternative hypothesis Hₐ : p > 0.5

now, compute np₀ and n( 1 - p₀ )

np₀ = (50)(0.5)

np₀ = 25

n( 1-p₀ ) = (50)(1 - 0.5)

n( 1-p₀ ) = 25

we can see that both values are greater than 10.

∴ the sample proportion is approximately normally distributed;

P" - N ( p₀, [tex]\frac{p_{0}(1-p_0)}{n}[/tex] )

sample proportion p" = 28/50 = 0.56

standard deviation will be;

σ[tex]_{p"[/tex] = √( p₀(1-p₀) / n )

σ[tex]_{p"[/tex] = √( 0.5(1-0.5) / 50 )

σ[tex]_{p"[/tex] = √( 0.25 / 50 )

σ[tex]_{p"[/tex] = 0.07071

Next is the Z-score

z = p" - p₀ / σ[tex]_{p"[/tex]

z =  0.56-0.5 / 0.07071

z = 0.06 / 0.07071

z = 0.85

from table,

the probability that a standard normal random variable takes on a value greater than 0.85 is approximately 0.1977

Therefore, the P-value = 0.1977

conclusion: Since the p-value is not small;

we reject null hypothesis

hence, the data does not support claim that more than half of the bathroom scales underestimate weight.

p = 0.197663

Write the slope-intercept form of the line given point and slope. ( show work if possible please)

through: (-2,-5), slope = 5 ​

Answers

Answer:

y=5x+5

Step-by-step explanation:

y-y1=m(x-x1)

y-(-5)=5(x-(-2))

y+5=5(x+2)

y=5x+10-5

y=5x+5

Help I really need this answer 5,000 mL =

Answers

Answer:

5L

Step-by-step explanation:

[tex]\frac{5000mL}{1}*\frac{1L}{1000mL} = 5L[/tex]

Answer:

5L

Step-by-step explanation:

If you are trying to find out how many liters there are in 5000 milliliters then it is 5

The data reflects the number of days since a plant has
been transplanted (x), paired with the plant height (y).
How can the y-intercept of the line be interpreted?
y
O Every 0.07 days the plant grows 0.81 inches.
O Every 0.81 days the plant grows 0.07 inches.
O Initially, the plant had a height of 0.07 inches.
O Initially, the plant had a height of 0.81 inches.
14
y = 0.81.x + 0.07
12 +
10
8
Growth (inches)
2
4
G
8
10
12 14
16
18
20
Number of Days

Answers

Answer:

I think its b. Every 0.81 days the plant grows 0.07 inches.

Step-by-step explanation:

i took the same test on egd.

Answer:

c. Initially, the plant had a height of 0.07 inches.

Step-by-step explanation:

EDGE 2023

Which is the solution to the equation
below?
-3=t- 12
A-9
C 9
B 4
D 15

Answers

ANSWER:
9 (C)

hope this helps

pls help me on them all

Answers

The answer above me is speaking fax☝︎︎

I really need help plsss!!!

Answers

Answer:

(a)

[tex]f(x) = \left \{ {{5x;\ 0<x\le 5} \atop {5x-5; x > 5}} \right.[/tex]

(b) Rate = 5

(c) Rate = 5

Step-by-step explanation:

Given

The attached graph

Solving (a): The piece-wise function

For the first line

Calculate the slope of the first line

[tex]m = \frac{y_2 - y_1}{x_2 - x_1}[/tex]

Where

[tex](x_1,y_1) = (0,0)[/tex]

[tex](x_2,y_2) = (5,25)[/tex]

So, the slope is:

[tex]m = \frac{25 - 0}{5 - 0}[/tex]

[tex]m = \frac{25}{5}[/tex]

[tex]m = 5[/tex]

The equation is then calculated as:

[tex]y = m(x - x_1) + y_1[/tex]

Where: [tex]m = 5[/tex] and [tex](x_1,y_1) = (0,0)[/tex]

[tex]y = 5(x - 0) + 0[/tex]

[tex]y = 5(x) + 0[/tex]

[tex]y = 5x[/tex]

So, the function of the first line is:

[tex]f(x) = 5x;\ 0 < x \le 5[/tex]

For the second line

Calculate the slope of the second line

[tex]m = \frac{y_2 - y_1}{x_2 - x_1}[/tex]

Where

[tex](x_1,y_1) = (5,20)[/tex]

[tex](x_2,y_2) = (9,40)[/tex]

So, the slope is:

[tex]m = \frac{40 - 20}{9 - 5}[/tex]

[tex]m = \frac{20}{4}[/tex]

[tex]m = 5[/tex]

The equation is then calculated as:

[tex]y = m(x - x_1) + y_1[/tex]

Where: [tex]m = 5[/tex] and [tex](x_1,y_1) = (5,20)[/tex]

[tex]y = 5(x - 5) + 20[/tex]

[tex]y = 5x - 25 + 20[/tex]

[tex]y = 5x -5[/tex]

So, the function of the second line is:

[tex]f(x) = 5x -5;\ x>5[/tex]

Hence, the piece-wise function is:

[tex]f(x) = \left \{ {{5x;\ 0<x\le 5} \atop {5x-5; x > 5}} \right.[/tex]

Solving (b): The rate at which customers that buy up to 5lb buy.

[tex]x = 5[/tex]

This question implies that, we determine the rate at which this customer buys.

For [tex]x = 5[/tex]

[tex]f(x) = 5x;\ 0 < x \le 5[/tex]

The slope of the above function is 5.

So, this customer buys at the rate of $5 per lb

Solving (b): The rate at which customers that buy more than 5lb buy the extra pounds above 5lb.

For [tex]x > 5[/tex]

[tex]f(x) = 5x -5;\ x>5[/tex]

Assume x = 6

[tex]f(6) = 5 * 6 - 5[/tex]

[tex]f(6) = 30 - 5[/tex]

[tex]f(6) = 25[/tex]

Express as 20 + 5

[tex]f(6) = 20 + 5 * 1[/tex]

Assume x = 7

[tex]f(7) = 5 * 7 - 5[/tex]

[tex]f(7) = 35 - 5[/tex]

[tex]f(7) = 30[/tex]

[tex]f(7) = 20 + 10[/tex]

Express 10 as 5 * 2

[tex]f(7) = 20 + 5 * 2[/tex]

So, we have:

[tex]f(6) = 20 + 5 * 1[/tex]

[tex]f(7) = 20 + 5 * 2[/tex]

This can be generalized as:

[tex]f(x) = 20 + 5(x - 5)[/tex]

For the above functions;

20 represents the amount they buy the first 5

5 represents the rate at which they buy extra pounds above 5

Hence, they buy the extra pounds at the rate of $5 per pound

Can someone please tell me the answer

Answers

It's B because 2 equals 86 dgrees since its vertical angles

What is the domain of the function on the graph?

Answers

Answer:

x is greater than or equal to -3

[-3, infinity)

{x| -3 less than or equal to x les than infinity}

What is the approximate volume of a cylinder with a radius of 7 cam and a height of 4 cm

Answers

Answer:

volume =

[tex] {7}^{2} \times 3.14 \times 2 \times 4[/tex]

Step-by-step explanation:

volume =area of the base circle × height

I need help and it’s due soon

Answers

Answer:

Point A

Step-by-step explanation:

Answer:

point A

Step-by-step explanation:

The point A is opposite with the point R and the x-axis is between them.

Please help me answer this math problem.

Answers

Answer:

F. g(x)=f(x)-5

Step-by-step explanation:

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