A bank loans a customer $100,000 for a period of 2 years. The simple interest rate of the loan is 5.7%. What is the total amount that the customer will need to pay the bank over the 2 years?

Answers

Answer 1

Answer:

$111400

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 5.7%/100 = 0.057 per year,

then, solving our equation

I = 100000 × 0.057 × 2 = 11400

I = $ 11,400.00

The simple interest accumulated

on a principal of $ 100,000.00

at a rate of 5.7% per year

for 2 years is $ 11,400.00.


Related Questions

May someone help me with this :) it’s easy

Answers

Answer:

b) 35/100

c) 0.35

Step-by-step explanation:

2)

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Answer:

3. [tex]\frac{20}{100}[/tex] and [tex]\frac{1}{5}[/tex]

Step-by-step explanation:

Someone already answered b, c, and 2 so here's the third answer :)

10:50 is a ratio, which can be rewritten as [tex]\frac{10}{50}[/tex]

To write an equivalent fraction, we can either multiply or divide.

Multiplying both the numerator and denominator by 2 gets us [tex]\frac{20}{100}[/tex].

Dividing both the numerator and denominator by 10 gets us [tex]\frac{1}{5}[/tex].

Hope this helps!

There are 8 jars of jellyfish jelly for $15.68. Write a proportion that gives the cost (c) if you buy 6 jars of jellyfish jelly.

Answers

Answer:

The proportion that gives the cost (c) if you buy 6 jars of jellyfish jelly =

Cost(c)= 1/8($15.68 × 6)

The cost (c) if you buy 6 jars of jellyfish jelly is $11.76

Step-by-step explanation:

There are 8 jars of jellyfish jelly for $15.68. Write a proportion that gives the cost (c) if you buy 6 jars of jellyfish jelly.

The proportion is given as:

Number of jars of Jellyfish/Cost of the Number of jar of Jellyfish

Hence:

8/$15.68 = 6/c

We Cross Multiply

8 × c = $15.68 × 6

c = $15.68 × 6/8

c = $11.76

Therefore,

The proportion that gives the cost (c) if you buy 6 jars of jellyfish jelly =

Cost(c) = 1/8($15.68 × 6)

The cost (c) if you buy 6 jars of jellyfish jelly is $11.76

(a) Reflect the point (6, 8) across the y-axls:

(b) Reflect the point (6, 8) across the X-axis:

Answers

Answer:

A: 6,8 = negative 6,8

B: 6,8 = 6,negative 8

Step-by-step explanation:

hope i helped you (could i have brainiest if possible)

Yolanda bought 4 pounds of potatoes how many ounces of potatoes did yolanda buy?

Answers

Answer:

D. 64 oz.

Step-by-step explanation:

There are 16 ounces in a pound. So multiply 4 x 16 to get 64 ounces.

Hope it helps!

Answer:

64

Step-by-step explanation:

well. there’s 16 oz in a pound. so if there’s 4 pounds then take 16 x 4 which is 64

she bought 64 oz of potatoes

Sweets are sold loose or pre packed in 120 G bags. The 120 G bags are 1.49 pounds each By calculating the price per gram determine which is better value show ur working out

Answers

Complete question :

Sweets are sold loose, or pre-packed in 120g bags.The 120g bags are £1.49 each.The loose sweets are £0.89 for 100g.

By calculating the price per gram, determine which is better value.

Answer:

100 g bag

Step-by-step explanation:

For the 120g bag:

Price per gram :

Price / Numbe of gram

1.49 / 120 = 0.0124 gram per bag

For the 100 g bag :

0.89 / 100

= $0.0089per gram

Since $0.0089 is < $0.0124

Then the 100g bag is of better value

The bill is $62.78 the tax on the bill is 8% how much tax is owed

Answers

Answer:

$5.0224

Step-by-step explanation:

8%=0.08

0.08*62.78=5.0224

Answer:

$5.0224

if they want you to round its - $5.02

Step-by-step explanation:

8% of 62.78 = 8% x 62.78

8/100 x 62.78 === 502.24 /100

502.24 / 100 = $5.0224

Caroline works in a coffee shop. She noticed that 10 out of the last 12 customers ordered tea.

What is the experimental probability that the next customer will order tea?

Answers

Answer:

There is an 83.33% chance that the next customer will order tea.

Step-by-step explanation:

10:12 = 10 ÷ 12 = 0.83333333333333 = 83.333333333333%

twice a number when described by 7 gives 45 . find the number​. and also who wants to talk im bored

Answers

Answer:

Answer

Let the number be x.

twice =2x

When it is decreased by 7 we get the following equation:

2x−7=45

⇒2x=45+7

⇒2x=52

⇒x=252

∴x=26

The number is 26.

Answer:

g

Step-by-step explanation:

2x+1 cual es su respuesta ??

Answers

Answer:??

Step-by-step explanation:

¿A qué es igual la ecuación? x no se puede resolver sin un signo igual al final. por favor responda para que pueda ayudar! :D

Answer:

x= -1/2

Step-by-step explanation:

2x+1=0

-1 -1

2x= -1

➗ por 2

x= -1/2

Convert 27 days to weeks and days.
27 days = ___ weeks and ___ days

Answers

Answer:

27 days divided by 7 days

3 6/7

soo 3 weeks and 6 days

Step-by-step explanation:

Piz help me fast asap thx​

Answers

Answer:

y = 476^x

Step-by-step explanation:

y = 250(1.904)^×

y = 476^x

Hope this helps, thank you !!

Answer:

Loading. . .

Step-by-step explanation:

Solve the equation 1/x + 1/3x =4

Answers

Answer:

4/3x

Step-by-step explanation:

Answer:

the answer is 1/3

Step-by-step explanation:

Someone help me (10 points each person)

Answers

Answer:

x=56

Step-by-step explanation:

Alternate exterior angles are congruent if the lines crossed by the transversal are parallel (which they are).

Answer:

56

Step-by-step explanation:

It would also be 56 degrees because if both 360 degree angles are parallel to each other and if each of the 360 degree angles had two top and bottom 180 degree angles and if 56 was subtracted to 180 you would get 124 and when you plus that with 56, you get 180 so if that is true for all 4 180 degree angles in this problem, then X would equal 56 no doubt.

which statements are true about the graph of Y is less than 2/3 X +1? Check all that apply

Answers

Answer:

the area below the line is shaded

Step-by-step explanation:

A circle has equation
x2 + y2 = 8
Find the area of the circle.

Answers

Answer:

x=4 y=0 or x=2 y=2 or x=0 y=4

Step-by-step explanation:

Answer:

because the circle has equation: x² + y² = 8

=> the circle has the centre I(0;0)

the radius R = 2sqrt(2)

=> the area of the circle =

[tex](2 \sqrt{2})^{2} \times \pi = 8\pi =23.13 [/tex]

A local little league has a total of 65 ​players, of whom 40​% are left​-handed. How many left​-handed players are​ there?

Answers

Answer:

26 are left-handed

Step-by-step explanation:

Mateo is studying a human hair with a diameter of 6.5 x 10-4 inches and a horse hair with a diameter of 1.3 x 10-3 inches. Which statement is true?

Answers

Answer:

The diameter of horse hair is twice as thick as the diameter of the human hair.  

Step-by-step explanation:

The diameter of a human hair = [tex]6.5\times 10^{-4}\ \inches[/tex]

The diameter of a horse hair = [tex]1.3\times 10^{-3}\ \inches[/tex]

Dividing the diameter of a horse hair to the diameter of a human hair as follows :

[tex]\dfrac{\text{Diameter of human hair}}{\text{Diameter of horse hair}}=\dfrac{6.5\times 10^{-4}}{1.3\times 10^{-3}}\\\\\dfrac{\text{Diameter of human hair}}{\text{Diameter of horse hair}}=\dfrac{1}{2}\\\\\text{Diameter of horse hair}=2\times \text{Diameter of human hair}[/tex]

So, the diameter of horse hair is twice as thick as the diameter of the human hair.  

Answer:

The horse hair is 2 times as thick as the human hair.

Michael forgot the combination to his locker. His locker uses
four numbers, O through 9. How many possible combinations
exist for his locker?

Answers

Answer: 0-999

Step-by-step explanation: So we know that there is 10 numbers, and we know that we can do the same number more than once, so

10 to the fourth power equals 10,000

So the digits could be up to 0000 to 9999

Helpful?

9+(-14)
What is the answer

Answers

Answer:

9+(-14)=-5

Step-by-step explanation:

9+(-14)

9-14

=-5

Answer:

-5

Step-by-step explanation:

the answer is negative 5

Use foil method to find (w+5)(w^2+3w)

Answers

First
Outer
Inner
Last


(w + 5)(w^2 + 3w)

F (w)(w^2) = w^3 add the exponents

O (w)(3w) = 3w^2

I (5)(w^2) = 5w^2

L (5)(3w) = 15w


New expression: w^3 + 5w^2 + 3w^2 + 15w

Combine like terms.


Final answer: w^3 + 8w^2 + 15w

lemont has 30 books to pack the boxes each box holds 7 books if he fills each box how many boxes are left over

Answers

Answer:

2 books

Step-by-step explanation:

If 7 books= 1 box

Then 30 books= 30÷7= 4 boxes with a remainder of 2 books

Therefore books left over= 2 books

I had 1 ⅔ bottle of shampoo and the I used ⅕ of a bottle to wash my dog. How much shampoo do I have left?

Answers

Answer:

1   7/15

Step-by-step explanation:

Bruce saves $3 of every $5 he
earns. How much would he have
for spending if he earned $60?

Answers

Answer:

20

Step-by-step explanation:

:) hope it helps

Marselie worked 30 hours last week. She received a $300 bonus as part
of her $900 earnings for the week. How much did Marselie get paid per
hour?

Answers

Answer:

20

Step-by-step explanation:

900-300=600

600÷30=20

A spinner is shown.

The arrow on the spinner us spun once. What is the probability of spinning of spinning a 2, 3, 5, 7, or 11?

Answers

Answer:

62.5

Step-by-step explanation:

5/8=.625

0.625*100=62.5

Yall its 1.08pm and i need this answer by 3.30pm

How is finding the area of a parallelogram like finding the area of a rectangle?


Thank you guys

Answers

Answer:

Because in both cases you take the height multiplied with the base.


Opposite sides are equal in length and opposite angles are equal in measure. To find the area of a parallelogram, multiply the base by the height. The formula is: A = B * H where B is the base, H is the height, and * means multiply.



to find area of rectangle , view picture for formula. notice the differences

Find the square. Simplify your answer.

Answers

Answer:

j^2+2j+1

Step-by-step explanation:

(j+1)(j+1)=

=>j^2+j+j+1

=>j^2+2j+1

Hope this helps! ;)

question is in the pic

Answers

Answer:

B. 68 dollars

Step-by-step explanation:

This option makes the most sense because in hour 2, the profit was 58. In hour 6, the profit was 126. Subtract 126 - 58 to find the rate of change and you get 68.

Hope it helps!

I really need help. Pleeease. I'm begging you!

Answers

the answer is totally numbers

Simplify completely. Leave your answer in exponential form:

Answers

Answer:

[tex] {2}^{3} \times {4}^{3} \times 9[/tex]

Step-by-step explanation:

Using the division rule when dealing with exponents

[tex] \frac{b {}^{h} }{b {}^{j} } = b {}^{h - j} [/tex]

meaning that when we divide exponents that have the same base but different powers we can subtract the power of the bottom exponent from the top exponet.

so using that we are going to do 2, 4 and 9

[tex] \frac{2 {}^{8} }{ {2}^{5} } = {2}^{8 - 5 = 3 \: \: \: \: \: 2 {}^{3} } [/tex]

[tex] \frac{ {4}^{4} }{ {4}^{1} } = {4}^{4 - 1} \: \: \: {4}^{3} [/tex]

[tex] \frac{9 {}^{9} }{ {9}^{8} } = {9}^{9 - 8} = 9 {}^{1} [/tex]

Combine all the terms and we get

[tex] {2}^{3} \times 4 {}^{3} \times {9}[/tex]

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