Amount of $28,000 is borrowed for nine years at 3.25 interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back?Round your answer to the nearest dollar$=

Answers

Answer 1

Given:

Principal amount = $28,000

Time period = 9 years

Interest rate = 3.25

Required:

Find the total amount at the end of the period.

Explanation:

The amount formula when the interest is compounded annually is given by the formula:

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

Where P =principal amount

r = rate of interest

T = time period

n = Number of time

Substitute the given values in the amount formula.

[tex]\begin{gathered} A=28,000(1+0.0325)^9 \\ A=28,000(1.33355) \\ A=37,339.51 \\ A=37,340 \end{gathered}[/tex]

Final Answer:

Thus the amount after 9 years is $37,340.


Related Questions

1,1,2,2,2,5,5,8,9,10,11

Answers

In order to calculate the median the data should be arranged in order from least to greatest.

According to this question we have the following number:

1,1,2,2,2,5,5,8,9,10,11

So, we would proceed to arrange the number as follows:

1, 1, 2, 2, 2, 5, 5, 8, 9, 10, 11

As we have a total of number of 11, then that means that the median would be the central score of it.

Therefore, in this case the central score

A car with a 15-gallon gas tank can go 22 miles on 1 gallon of gas. If the tank is full at the beginning of a 377-mile trip, how many times does the driver have to refill the gas tank?

Answers

Consider that the car can go 22 miles on 1 gallon of gas, therefore the amount of gas required for the 377 mile trip is calculated as,

[tex]\frac{377}{22}\approx17.136[/tex]

So the car needs 17.136 gallons of gas to complete the trip.

Since the capacity of the tank is 15 gallons, so the driver has to fill the tank two times.

First time for the full 15 gallons refill, and the second tme for the remaining 2.136 galllons fuel refill.

Thus, the driver has to refill the gas tank 2 times, to complete the trip.

The equation m = 5b represents the time in minutes (m) it takes a chef to cook a certain number of bacon cheeseburgers (b).

Determine the constant of proportionality.

10
5
1
one fifth

Answers

The constant of proportionality for the equation m = 5b is 5.

Option B is the correct answer.

What is an equation?

An equation is a mathematical statement that is made up of two expressions connected by an equal sign.

Example:

2x = 4 is an equation.

We have,

The equation m = 5b represents the time in minutes (m) it takes a chef to cook a certain number of bacon cheeseburgers (b).

Now,

The equation:

m = 5b can be written as m ∝ b

m ∝ b

m = 5b

Where 5 is the constant of proportionality.

Thus,

The constant of proportionality for the equation m = 5b is 5.

Option B is the correct answer.

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Answer: 5

Equation of a Proportional Relationship

m = 5b

the 5 represents the constant of proportionality

the m represents the dependent variable, or y-coordinate in an ordered pair

the b represents the independent variable, or x-coordinate in an ordered pair

Instructions: Factor the polynomial expression.7x²-13x +6Answer:

Answers

Explanation

Given the polynomial

[tex]7x^2-13x+6[/tex]

We can find its factors below.

[tex]\begin{gathered} 7x^2-13x+6 \\ =7x^2-7x-6x+6 \\ =7x(x-1)-6(x-1) \\ =(7x-6)(x-1) \end{gathered}[/tex]

Answer: (7x-6) and (x-1)

If a savings account of $19,400 is compounded semiannually at 5,07% annual interest, how much will the account be worth in 32 months? Round your answer to thenearest cent, if necessary. Note: 365 days in a year and 30 days in a month.

Answers

From the question, we are provided with the following information:

[tex]\begin{gathered} \text{Principal, P=\$19,400} \\ \text{Rate, r=5.07\%} \\ r=\frac{5.07}{100}=0.0507 \\ \text{Time, t(in years)=}\frac{32}{12}=2.67years \\ N\text{umber of times interest applied per time period, n=2(semi-annually)} \end{gathered}[/tex]

The required parameter we are to find is the Amount, A.

Amount of a compound interest is given by the formula:

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

Thus, we have:

[tex]\begin{gathered} A=19,400(1+\frac{0.0507}{2})^{2\times2.67} \\ A=19400(1+0.02535)^{5.34} \\ A=19400(1.02535)^{5.34} \\ A=19400\times1.143 \\ A=\text{ \$22,174.76} \end{gathered}[/tex]

Hence, the account will be worth $22,174.76 in 32 months

Can someone please help me? I’ll give brainly :) question is in photo

Answers

Answer:

Step-by-step explanation:

So basically you would cut the block in half however you'd like but this is how I did it- first you would multiply one side the side I chose has the numbers 7*15*10 so you multiply those getting 1050 then set that aside and do the other side with the numbers of 6*5*10 which if you multiply you would get 300 then you add the first number 1050+300 = 1350 •tbh this might not be correct I tried•

I need help with this question... the correct answer choice

Answers

Given:

P(2,-4) to point P'(-2,1)

[tex]P(2-4,-4+5)=P^{\prime}(-2,1)[/tex][tex](x,y)\rightarrow(x-4,y+5)[/tex]

3rd option is the correct answer.

How much pesticide is need to treat 80,000 square feet at 2 pints/1000 square feetrate

Answers

2 pints ----> 1000 square feet

x pints ----> 80000 square feet

[tex]\begin{gathered} x\times1000=2\times80000 \\ 1000x=160000 \\ \frac{1000x}{1000}=\frac{160000}{1000} \\ x=160 \end{gathered}[/tex]

answer:

160 pints is need to treat 80000 square feet

Samuel invested $210 per acre for seed, fertilizer, fuel, depreciation, and land use. If he grosses$220 per acre this year, what percent return does he earn on his investment?

Answers

Let's begin by identifying key information given to us:

Amount invested (Initial Value) = $210 /acre

Gross income (Final Value) = $220 /acre

The percentage return is given by:

[tex]\begin{gathered} Return=\frac{FinalValue-InitialValue}{InitialValue} \\ Return=\frac{220-210}{210}=\frac{10}{210} \\ Return=0.04762\approx4.76\approx4.8 \\ Return=4.8\text{\%} \end{gathered}[/tex]

Therefore, the return on investment is 4.8%

Find the circumference of a circle with an area of 95.03 m^2. Round the answer to the nearest tenth.

Answers

ExplanationArea and circumference

The area of a circle with radius r is given by the following formula:

[tex]A=\pi r^2[/tex]

The circumference of that circle is given by:

[tex]C=2\pi r[/tex]Finding the answer

We are given the area of the circle. With this data and the first formula we can construct an equation for the radius r. Once we find the radius of the circle we can use it to find its circumference. So first of all we take the first formula and we equalize it to 95.03:

[tex]95.03=\pi r^2[/tex]

We can divide both sides by π:

[tex]\begin{gathered} \frac{95.03}{\pi}=\frac{\pi r^2}{\pi} \\ r^2=\frac{95.03}{\pi} \end{gathered}[/tex]

Now we apply a square root to both sides:

[tex]\begin{gathered} \sqrt{r^2}=\sqrt{\frac{95.03}{\pi}} \\ r=\sqrt{\frac{95.03}{\pi}} \end{gathered}[/tex]

And that's the radius of the circle. Then we can use this value in the formula of the circumference C:

[tex]C=2\pi *\sqrt{\frac{95.03}{\pi}}=34.6[/tex]

Answer

Then the answer is 34.6 m.

it doesn't matter which of the two points on a line you choose to call (x1,y1) and which you choose to call (x2,y2) to calculate the slope of the line . true or false.

Answers

True

Explanation

the slope of a lines is the change in y over the change in x

[tex]\text{slope}=\frac{change\text{ in y}}{\text{change in x}}=\frac{y_2-y_1}{x_2-x_1}[/tex]

where

[tex]\begin{gathered} \text{P1}=(x_1,y_1) \\ P2=(x_2,y_2) \end{gathered}[/tex]

Step 1

Now, to prove , make

[tex]\begin{gathered} P1(x_2,y_2) \\ P2(x_1,y_1) \\ \end{gathered}[/tex]

now, replace

[tex]\begin{gathered} \text{slope}=\frac{y_1-y_2}{x_1-x_2} \\ \text{slope}=\frac{y_1-y_2}{x_1-x_2}=\frac{-(y_2-y_1)}{-(x_2-x_1)}=\frac{(y_2-y_1)}{(x_2-x_1)} \end{gathered}[/tex]

and we get the same slope, it does not matter wich one of the two points we choose to call P1 and P2.

True

I hope this helps you

use basic trigonometric identities to simplify the expression: -tan (-x) cot (-x) = ?

Answers

-1

Explanation

let's remember the indentities

[tex]\begin{gathered} tan\theta=\frac{sen\text{ \lparen x\rparen}}{cos\text{ \lparen x\rparen}} \\ cot\theta=\frac{cos(x)}{sin(x)} \end{gathered}[/tex]

so

Step 1

let the expression

[tex]-tan(-x)cot(-x)=?[/tex]

rewrite the expression:

replace using the identity

[tex]\begin{gathered} -tan(-x)cot(-x)=? \\ -tan(-x)cot(-x)=-\frac{\sin(-x)}{cos(-x)}*\frac{cos(-x)}{\sin(-x)} \\ -tan(-x)cot(-x)=-\frac{\sin(-x)}{sin(-x)}\frac{cos\left(-x\right)}{\sin(*x)} \\ -tan(-x)cot(-x)=-1*1 \\ -tan(-x)cot(-x)=-1 \end{gathered}[/tex]

therefore, the answer is

-1

I hope this helps you

These marbles are placed in a bag and twoof them are randomly drawn.What is the probability of drawing twoyellow marbles if the first one is placed backin the bag before the second draw?Give your answer as a ratio, reduced tosimplest terms.Hint: Multiply the probability of the 1st Event by theprobability of the 2nd Event to get your answer.

Answers

step 1

Find the probability that the first marble is yellow

P=2/10 ------> P=1/5

step 2

Find the probability the the second marble is yellow

P=2/10 -----> P=1/5

therefore

P=(1/5)(1/5)

P=1/25

answer is 1/25

Reasoning Use the Distributive Property to solve the equation below. Use pencil and paper. Explain why the Distributive Property makes it possible to solve this equation. 44 - (2c + 3) = 4(C+5) + C The solution of the equation is

Answers

ANSWER and EXPLANATION

The distributive property involves simplifying expressions to make them easier to solve.

It is possible to solve the equation with distributive property because it allows us to break down equations into simpler forms of addition or subtraction.

The equation we are given is:

44 - (2c + 3) = 4(c + 5) + c

Using the distributive property, we have:

44 - 2c - 3 = 4c + 20 + c

Collect like terms:

-2c - 4c - c = 20 - 44 + 3

-7c = -21

Divide through by -7:

c = -21 / -7

c = 3

The equation has been solved.

1/2 to 3rd power1/2 to the 3rd power

Answers

Let's begin by identifying key information given to us:

[tex]\begin{gathered} (\frac{1}{2})^3=\frac{1}{2}\cdot\frac{1}{2}\cdot\frac{1}{2}=\frac{1}{8} \\ \Rightarrow(\frac{1}{2})^3=\frac{1}{8} \end{gathered}[/tex]

Mr. Abraham, a married man, works a 40 hour work week, 48 wooks each yoor, His hourly rate of pay is $36.60 por hour. Aftor tax deductions for his two exemptions, his bl-wookly taxablo wagos were 12,410.77. How much is deducted from each paycheck for fodoral income tax? Noto: Porcontage mothod for calculation: For taxablo bi-wooklywages over 5066, but not over $2,698 - 366,40, plus 18% of excess over $068.$200,00$278.56$283.32$294.70None of these choices are correct.

Answers

We know that the biweekly tax is equal to $65.40 plus 15% of excess over $958. In this case the excess is:

[tex]2410.77-958=1452.77[/tex]

Then for this excess the tax is:

[tex]0.15\cdot1452.77=217.92[/tex]

Hence the total tax is:

[tex]217.92+65.40=283.32[/tex]

Therefore the answer is the third option.

The temperature is recorded in 65 cities on a given day in California the average temperature is 74゚F with a standard deviation 4゚ what is the Z score for temperature of 71゚

Answers

the z-score is equal to

z=(74-71)/4

z=0.75

answer is 0.75

70% of what is 35 ???

Answers

We calculate the 70% of the number that is 35 as follows:

[tex]x=\frac{35\cdot100}{70}\Rightarrow x=50[/tex]

So, the number which 70% is 35 is 50.

geometry, please give answer i know how to I think I did the steps wrong

Answers

We get that

[tex]\begin{gathered} m\angle1+m\angle4=180\rightarrow \\ 10x+2+5x+13=180 \\ 15x+15=180 \\ 15x=165 \\ x=\frac{165}{15}=11\rightarrow \\ m\angle1=10\cdot11+2=112 \end{gathered}[/tex]

o points earned 21 Sally borrowed $500 to help pay for a car repair. The interest rate is 16% and the length of the loan is 30 months. How much money will Sally owe in total at the end of 30 months? Do not enter any spaces.

Answers

Answer:

$700

Explanation;

Givern the following

Amount borrowed = $500 (Principal)

Rate = 16%

Time = 30months = 30/12 yrs

Get the interest

Interest = PRT/100

Interest = 500*16*30/12*100

Interest = 5*16*30/12

Interest = $200

Amount owed at the end of 30months = Principal + Interest

Amount owed at the end of 30months = $500 + $200

Amount owed at the end of 30months = $700

suppose that the maximum weight that a certain type of rectangular beam can support varies inversely as its length and jointly as its width and the sof its height. suppose also that a beam 6 inches wide, 2 inches high, and 12 feet long can support a maximum of 14 tons. what is the maximum weight that could be supported by a beam that is 4 inches wide, 3 inches high and 14 feet long

Answers

Step 1

Write the formula connecting all variables.

Weight = w

Length = L

Width = b

Height = H

k = constant

[tex]w\text{ = }\frac{kbH^2}{L}[/tex]

Step 2

Use the values below to find the constant k.

b = 6

H = 2

L = 12

W = 14

[tex]\begin{gathered} 12\text{ = }\frac{k\text{ }\times\text{ 6 }\times2^2}{12} \\ 14\text{ = }\frac{24k}{12} \\ \text{Cross multiply} \\ 24k\text{ = 14 x 12} \\ 24k\text{ = 1}68 \\ k\text{ = }\frac{168}{24} \\ k\text{ = }7 \end{gathered}[/tex]

Step 3

Find the unknow

W = ?

b = 4

H = 3

L = 14

[tex]\begin{gathered} W\text{ = }\frac{kbH^2}{L} \\ W\text{ = }\frac{7\text{ }\times\text{ 4 }\times3^2}{14} \\ W\text{ = }\frac{7\text{ }\times\text{ 4 }\times\text{ 9}}{14} \\ W\text{ = }\frac{252}{14} \\ W=\text{ 18 tons} \end{gathered}[/tex]

The maximum weight = 18 tons

There are 15 members of the show choir. In how many different ways can you arrange any 8 members in the front row?

Answers

We have the following:

The first chair can be any of the 15.

For each of those ...

The second chair can be any of the 14.

For each of those ...

And so on until choosing 8 chairs

.

.

.

The eighth chair can be any of 8.

For each of those ...

Number of ways to fill the 8 chairs = (15 x 14 x 13 x 12 x 11 x 10 x 9 x 8) = 259,459,200

But in each group of 8 people you can sit on (8 x 7 x 6 x 5x 4 x 3 x 2 x 1) = 40,320 orders.

So each group of 40,320 people is represented 24 times out of 259,459,200

Therefore, the answer is:

[tex]\frac{259459200}{40320}=6435[/tex]

6435 sets of 8 members, in any order.

△ABC has a right angle at C, BC=7.7 centimeters, and m∠A=41∘. What is CA ? Enter your answer rounded to the nearest tenth in the box.

Answers

The length of the side CA is 11.84cm when the triangle is ABC and the right angle is at ∠C and the length of BC is 7.7 cm and angle A is 41°.

Given that,

The triangle is ABC and the right angle is at ∠C.

The length of BC is 7.7 cm and angle A is 41°.

We have to find the length of CA.

Take the side CA as x.

Take the trigonometric ratio.

TanA =Opposite side/ adjacent side.

Tan 41° = 7.7/ x

0.65= 7.7/x

x= 7.7/0.65

x= 11.84 cm.

Therefore, The length of the side CA is 11.84cm when the triangle is ABC and the right angle is at ∠C and the length of BC is 7.7 cm and angle A is 41°.

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Which of the following transformations accurately describes the relationship between the two trapezoids?A. Dilate the blue trapezoid by a scale factor of ½ to obtain the red trapezoid.B. Dilate the red trapezoid by a scale factor of 2 to obtain the blue trapezoid.C. Dilate the red trapezoid by a scale factor of ½ to obtain the blue trapezoid.D. Dilate the blue trapezoid by a scale factor of 3 to obtain the red trapezoid.

Answers

Given: Two trapezoid as shown in the image

To Determine: The transformation that relates the two trapezoids

Solution

Let us determine the coordinates of the two trapezoid as shown below

We can relate the blue trapezoid to the red trapezoid

[tex]\begin{gathered} (3,1.5)\rightarrow(6,3) \\ (4.5,1.5)\rightarrow(9,3) \\ (3,3)\rightarrow(6,6) \\ (4.5,4.5)\rightarrow(9,9) \end{gathered}[/tex]

It can be observed that the transformation rule that relates the blue trapezoid to the red trapezoid is

[tex](x,y)\rightarrow(2x,2y)[/tex]

It can be observed that the blue trapezoid is enlarged by a scale factor to get the red trapezoid. So, we dilate the blue trapzoid by a scale factor of 2 to get the red trapezoid.

From the options provided, the best answer related the red trapezoid to the blue trapezoid, which is a reduction by a scale factor of 1/2

Hence, the correct option is

Dilate the red trapezoid by a scale factor of 1/2 to obtain the blue trapezoid, OPTION C

Estimate the sum of the decimals below by rounding to the nearest whole number. Enter your answer in the space provided gym

Answers

Given:

[tex]5.029,8.315,5.284[/tex]

Required:

Find the estimated sum of the given decimals to the nearest whole number.

Explanation:

The estimated sum by rounding to the nearest whole number is 19.

Final Answer:

The estimated sum of the given decimals by rounding to the nearest whole number is 19.

Dave wants to borrow $22,000 from first finance bank. the bank will give him a 15 year loan at an interest rate od 4.85 % how mich will he pay the bank in interest over the life of the loan? Round to the nearest hundred dollar ?

Answers

Problem 7:

We determine the time as follows:

*We can proceed using the following expression:

[tex]t=\frac{\ln (\frac{m}{p})-\ln (\frac{m}{p}-\frac{r}{n})}{n\ln (1+\frac{r}{n})}[/tex]

Here, t is the time it will take to pay, m is the maximum she can afford to pay each month, p is the base loan value, r is the interest rate, n is the number of periods. Now we replace:

[tex]t=\frac{\ln(\frac{500}{20000})-\ln(\frac{500}{20000}-\frac{0.071}{12})}{12\ln(1+\frac{0.071}{12})}\Rightarrow t\approx3.8[/tex]

So, she will take approximately 3.8 years to pay up the loan.

Problem 8:

We determine the time he has as follows:

We use the expression:

[tex]t=\frac{\ln (\frac{m}{p})-\ln (\frac{m}{p}-\frac{r}{n})}{n\ln (1+\frac{r}{n})}[/tex]

Here, t is the time it will take to pay, m is the maximum he can afford to pay each month, p is the base loan value, r is APR, n is the number of periods. Now we replace:

[tex]t=\frac{\ln(\frac{400}{14000})-\ln(\frac{400}{14000}-\frac{0.068}{12})}{12\ln(1+\frac{0.068}{12})}\Rightarrow t\approx3.3[/tex]

So, he will take approximately 3.3 years to pay the loan.

Problem 10:

We determine the amount he will have to pay as follows:

*We use the following expression:

[tex]V=P(1+n)^t[/tex]

Here V is the value to obtain, P is the original amount, n is the interest rate and t is the number of periods, now we replace:

[tex]V=(22000)(1-0.0485)^{15}\Rightarrow V\approx44766.09[/tex]

So, after 15 years he will have to pay approximately $44766.09.

Rihanna‘s yacht holds 70 passengers. Each hour he stops at the Marnie to let some passengers off and on. The scatterplot shows how many passengers are on board during each hour of boating. Usually given line of best fit the approximate the rate of change relative to the scatterplot. Pick a point along the line and use the coordinates X, Y to plug into the X equals MX plus be equation in sulfur M. Your rate of change! What is the passengers per hour?

Answers

5

1) Examining the scatterplot we can pick two points along the best line of fit. (7,60) and (1,30)

2) So now, we can plug these points into the slope formula:

[tex]m=\frac{30-60}{1-7}=\frac{-30}{-6}=5[/tex]

3) Since this is a line of best fit, we can tell that the rate of change relative is (approximately) 5.

what is 2÷0+3×5÷5÷2000÷1000÷399

Answers

Answer:

It's basically infinity.

Step-by-step explanation:

If you just add lots of numbers along with the equation it will sometimes be infinity

I need help with number 13 and can you please write your answer using only positive exponents

Answers

Answer:

[tex]\frac{1}{x^{45}}[/tex]

Explanation:

The given expression is

[tex](x^{-5})^9[/tex]

In this case, we can multiply the exponents to get

[tex]x^{-5\cdot9}=x^{-45}[/tex]

Then, to use positive exponents, we need to write it as a fraction

[tex]\frac{1}{x^{45}}[/tex]

Therefore, the answer is

[tex]\frac{1}{x^{45}}[/tex]

Can I Plss get some help on this (Number 50)

Answers

EXPLANATION:

Given;

We are given a rectangle with sides as indicated.

Required;

We are required to find the area and the perimeter from the dimensions provided.

Step-by-step solution;

We shall begin by reconstructing the rectangle and show the missing sides. This is done below;

Take note that we can extract one of the triangles and use the dimensions to calculate the missing side. This is also shown below;

Observe that we now have a triangle with sides 17 units and 16 units.

We draw a perpendicular and we effectively split the triangle into two right angled triangles. We can now solve for the side x using the Pythagoras' theorem.

[tex]\begin{gathered} c^2=a^2+b^2 \\ Where: \\ c=hypotenuse \\ a,b=other\text{ }sides \end{gathered}[/tex]

We substitute these into the formula above;

[tex]\begin{gathered} 17^2=x^2+8^2 \\ \\ 289=x^2+64 \end{gathered}[/tex]

Subtract 64 from both sides;

[tex]225=x^2[/tex]

Take the square root of both sides;

[tex]\begin{gathered} \sqrt{225}=\sqrt{x^2} \\ \\ 15=x \end{gathered}[/tex]

Let us now reconstruct the quadrilateral with the new dimension calculated.

We now have the Length and Width of the rectangle and we can now calculate the area and perimeter.

[tex]\begin{gathered} AREA\text{ }OFA\text{ }RECTANGLE: \\ Area=l\times w \\ \\ Area=30\times16 \\ \\ Area=480 \end{gathered}[/tex][tex]\begin{gathered} PERIMETER: \\ Perimeter=2(l+w) \\ \\ Perimeter=2(30+16) \\ \\ Perimeter=2(46) \\ \\ Perimeter=92 \end{gathered}[/tex]

Therefore,

ANSWER:

[tex]\begin{gathered} Area=480units^2 \\ \\ Perimeter=92units \end{gathered}[/tex]

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