April took out a $600 loan from the bank. At the end of 5 years, she pays back the principal, plus $60 simple interest.
What was the annual interest rate?

Answers

Answer 1

April took out a $600 loan from the bank. At the end of 5 years, she pays back the principal, plus $60 simple interest. the annual interest rate is 2%

How to find annual interest rate

Simple interest is calculated using the simple interest formula

The formula is stated as

Simple interest = Principal *  time *  rate / 100

In the problem the give data include

principal = $600

rate= ?

time = 5 years

simple interest  = 60

plugging in the values

Simple interest = Principal *  time *  rate / 100

60 = 600 * 5 * r / 100

60 * 100 = 3000r

r = 6000  / 3000

r = 2%

The annual interest rate is 2%

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Related Questions

Last winter, a store sold 408 coats in
3 months. This winter, the store plans to sell
coats for 4 months. Based on the average
number of coats sold each month last winter,
how many total coats should the store plan to
sell this winter?

Answers

Total coats should the store plan to sell this winter is 952.

Last winter, a store sold 408 coats in 3 months. This winter, the store plans to sell coats for 4 months.

What is sell?

Determine the total cost of all the purchased units. To find the cost price, divide the total cost by the quantity of units purchased. To get the final price, use the formula for selling price (SP), which is: SP = CP + Profit Margin. The cost of the commodity will then be increased by the margin to determine the proper pricing. Retail math describes the mathematical techniques or formulae utilised in the sales industry. It is earning money or receiving change in the most basic sense. Business owners, retailers, managers, and sales representatives all utilise retail math in their daily work.

3month = 408 coats

1 month = 408/3 =136 coats

Then, 4 months = 136*4 = 544 coats

Total coats should the store plan to sell this winter = 544+408 = 952.

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One of the tallest ferris wheels in the world is in las vegas. It has a diameter, , of 520 feet. The circumference of the ferris wheel represents the distance traveled by a passenger after one full rotation. The circumference can be determined using the expression. What is the distance traveled, in feet, by passengers on each rotation of the ferris wheel? record your answer to the nearest tenth of a foot.

Answers

Answer:

Below

Step-by-step explanation:

Circumference of a circle = pi * diameter

                             circumference of ferris wheel = 3.14159 * 520=1633.6 ft

3. The vertices for A LML are L(-4,0), M(-2,0) and N(-3,-3). Its image is L'(1,1), M'(3,1) and
N'(2,-2). What is the translation rule that maps the preimage to the image?

Answers

The translation rule that maps the preimage to the image is (x, y) ⇒ (x + 5, y + 1)

How to determine the translation rule of the transformation

From the question, we have the following parameters that can be used in our computation:

Pre-image: L(-4,0), M(-2,0) and N(-3,-3)

Image: L'(1,1), M'(3,1) and N'(2,-2)

The translation rule is calculated as

(x, y) = L' - L

Substitute the known values in the above equation, so, we have the following representation

(x, y) ⇒ (x + 1 + 4, y + 1 - 0)

Evaluate

(x, y) ⇒ (x + 5, y + 1)

Hence, the translation is (x, y) ⇒ (x + 5, y + 1)

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please solve for x
5x+10y=25

Answers

[tex]5x+10y=25[/tex]

Add -10y to both sides:

[tex]5x+10y+-10y=25+-10y[/tex]

[tex]5x=-10y+25[/tex]

Divide both sides by 5:

[tex]\dfrac{5x}{5} =\dfrac{-10y+25}{5}[/tex]

[tex]\fbox{y = -2y + 5}[/tex]

5x + 10y = 25
5x = 25 - 10y
x = 25/5 - 10/5 y
x = 5 - 2y

Given △

M
T
S
and △

S
Q
P
, find SP.

Answers

Answer:

22

Step-by-step explanation:

Corresponding sides of similar triangles are proportional.

[tex]\frac{3x+2}{5x-4}=\frac{15}{20}=\frac{3}{4} \\ \\ 12x+8=15x-12 \\ \\ 3x=20 \\ \\ \therefore SP=20+2=22[/tex]

identify the measure of angle X:

Answers

Since the line is linear, the sum of the angles should be 180 degrees

x + 28 + 73 = 180

x = 180 - 28 - 73

x = 79 degrees

Hope this helped :)

Tabatha and Horatio each leave their separate houses and drive to a restaurant to meet for dinner. Tabatha lives 15 miles from the restaurant, and she drives at a rate of 3 miles every 2 minutes. The graph represents Horatio’s distance, in miles, y, from the restaurant after driving for x minutes.
Tabatha drives 1/12 mile more per minute than Horatio drives.
Tabatha drives 1/6 mile more per minute than Horatio drives
Tabatha drives 3 miles more per minute than Horatio drives.
Tabatha drives 9 miles more per minute than Horatio drives.

Answers

Answer:

Tabatha drives 1/6 mile more per minute than Horatio drives

Step-by-step explanation:

What is an equation of a line that passes through the points (1, 4) and (2, 9) in
5)
point-slope form? Analyze the steps and fill in the blanks. (4pts)
First, use the two given points to find the slope.
m=
Уг-У1

Use the slope and one point to write an equation of the line in
point-slope form.
Point-slope form of a linear equation.
Substitute

Answers

The equation of line in point-slope form of the line, is y = 5x - 1.

What is point - slope form of the line?

The general form of a linear equation is y - y1 = m(x - x1).

It draws attention to the line's slope and one of the line's points (that is not the y-intercept).

Given:

The line passes through the points (1, 4) and (2, 9).

We have to find the equation of line in point - slope form.

First to find the slope from the given points.

Since,

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

Here, [tex](x_1, y_1) = (1, 4), (x_2, y_2) = (2, 9)[/tex]

So, [tex]m = \frac{9-4}{2-1} = 5[/tex]

Now consider, the point slope form of the line

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

Plug [tex]m = 5, (x_1, y_1) = (1, 4)[/tex]

[tex]y - 4=5(x-1)\\y-4=5x-5\\y=5x-5+4\\y=5x-1[/tex]

Hence, the equation of line in point-slope form of the line, is y = 5x - 1.

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2. How many points of inflection will f(x) = 3x5+2x4 - 5x - 12 have?
5
3
2
4

Answers

2 points of inflection will f(x) = 3x5+2x4 - 5x - 12 have.

What is Inflection points definition?

An inflection point is a point on the graph at which the second derivative is equal to zero or undefined and changes sign.

The characteristic that every input is associated to exactly one output defines a function as a relationship between a set of inputs and a set of allowable outputs. A mapping from A to B will only be a function if every element in set A has one end and only one image in set B. Let A & B be any two non-empty sets.

If [tex]$f^{\prime \prime}(x) > 0$[/tex]then f(x) concave upwards.

If [tex]$f^{\prime \prime}(x) < 0$[/tex]then f(x) concave downwards.

[tex]$$f^{\prime \prime}(x)=126 x^5+40 x^3$$[/tex]

Show Steps

Find intervals: Concave Downward: [tex]-\infty < x < 0$, Concave Upward: $0 < x < \infty$[/tex]

Plug x=0 into [tex]$3 x^7+2 x^5-5 x-12: \quad-12$[/tex]

(0,-12)

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∠A and \angle B∠B are complementary angles. If \text{m}\angle A=(2x-13)^{\circ}m∠A=(2x−13)

and \text{m}\angle B=(2x+7)^{\circ}m∠B=(2x+7)

, then find the measure of \angle A∠A.

Answers

The measure of ∠A is 29.

What is an angle?

An angle is a figure in plane geometry that is created by two rays or lines that have a shared endpoint. The Latin word "angulus," which meaning "corner," is the source of the English term "angle." The shared terminus of two rays is known as the vertex, and the two rays are referred to as sides of an angle.

Given that,

m∠A = (2x−13)° and m∠B = (2x+ 7)° and ∠A and ∠B are complementary angles.

Therefore

m∠A + m∠B = 90°

(2x−13)° + (2x+ 7)° = 90°

4x + 6 =90

Subtract 6 from both sides:

4x = 84

Divide both sides by 4:

x = 21

Putting x = 21 in m∠A = (2x−13)°:

m∠A = (2 × 21−13)°

m∠A = 29°

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Write an equation of the line that passes through the points.
4.(-3,0), (-2, 3)
5. (-6, 10), (6, -10)

Answers

4.

find slope;

3 - 0/-2 -(-3) = 3/1 = 3

y = 3x + b

0 = (3)(-3) + b

0 = -9 + b

b = 9

y = 3x + 9

what is the value of the expression 3^{2}*(2^{3} +4)-22

Answers

Answer:

86

Explanation:

3² × (2³ + 4) - 22

9 × (8 + 4) - 22

9 × 12 - 22

108 - 22

86

A coach is buying snacks for 22 players at a soccer match. She pays a total of $77 to
buy each player a bottle of water and an energy bar. The price of one energy bar is $2.
Let w equal the price of a bottle of water. Write an equation that
represents the situation.

Answers

Answer: 22( w + 2 ) =77 and the amount of the water bottle would be 1.50

Step-by-step explanation: i dont know what to write??

two thirds of a number b is no more than 12.

Answers

two thirds of a number b which is no more than 12, is b ≤ 18

What is inequality ?

In mathematics, an inequality represents the connection between two values in an imbalanced algebraic statement. A sign of inequality can be used to show that one of the two variables is larger than, greater than or equal to, less than, or equal to another value.

According to question

two thirds of a number b = (2/3)b

Given two thirds of number b is no more than 12

⇒   (2/3)b ≤ 12

⇒   2b ≤ 12*3

⇒   b ≤ (12*3)/2

⇒   b ≤ 36/2

⇒   b ≤ 18

hence the number b whose 2/3 is no more than 12 is, b ≤ 18

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Simplify 4x - 7 + 12x - 3.

Answers

Answer:2(8x-5)

Hope this helps!

4x - 7 + 12x -3 simplified = 16x - 10

Is △XYZ equilateral, isosceles, or neither? Explain your reasoning. (Make sure to include how/why you know which of these categories the triangle falls into!)

Answers

Answer:

  equilateral

Step-by-step explanation:

You want to know if the given triangle with angles marked (2x)°, (2x)°, and (3x-30)° is equilateral, isosceles, or neither.

Angles

On the face of it, the triangle is at least isosceles, as two angles are marked identically as (2x)°.

When we apply the angle sum theorem, we find ...

  (2x)° +(2x)° +(3x -30)° = 180°

  7x -30 = 180

  7x = 210

  x = 30

  2x = 2(30) = 60

  3x -30 = 3(30) -30 = 60

All of the angles have the same measure, 60°, so the triangle is equilateral.

Answer:

3 equal angles = equilateral triangle

Step-by-step explanation:

the sum of the interior angles in a triangle is 180°

2x + 2x + 3x - 30 = 180

7x = 210

x = 210 : 7

x = 30

find angle Y & Z

2 x 30 = 60°

find angle x

3 x 30 - 30 = 60

3 equal angles = equilateral triangle

Find the y intercept y = – 17 x + 12.

Answers

Answer: 12

Step-by-step explanation:

The y-intercept in the equation that is in slope-intercept form is the constant.

lonzo borrowed 15000$ at 1.2% simple interest to buy a car . after 9 months how much will lonzo owe the bank in interest

Answers

The simple interest implies that Lonzo owes $1513.5

How to determine the amount Lonzo owes?

The given variables can be represented as:

Loan amount P = $1500

Rate of interest, R = 1.2%

Time to pay back the loan, t = 9 months i.e. 0.75 year

The amount from a simple interest can be calculated using:

A = P(1 + RT)

Substitute the known values in the above equation, so, we have the following representation

A = 1500 * (1 + 1.2% * 0.75)

Evaluate

A = 1513.5

Hence, the amount owed is $1513.5

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Please help me. I don't want to get the answer wrong

Answers

Answer:

photo?

Step-by-step explanation:

B is a rational number is equals

Find the perimeter and total area of the composite shape shown below. All measurements are given in inches. Use = 3.14 in
any formulas used.

Answers

The area of the composite shape is 292.96 in² and the perimeter of the composite shape is 65.12 inches

Area of Half circle:

The quantity of surface contained within a semicircle's perimeter is known to as its area.

The formula for the Area of a half circle with a Radius (r) is given by  

            Area of Half circle = πr²/2

The formula for the perimeter of a half circle with a radius (r) is given by

           Perimeter of Half circle = πr

Here we have

A picture of a Rectangle with a half circle

Dimensions of Rectangle = 16 in × 12 in

=> Area of rectangle = 16 in × 12 in = 192 in²

=> Perimeter of rectangle shape = 12 + 16 + 12 = 40 inches

[ Here we only take one side of the rectangle since one of the sides is connected with a Half circle ]

The radius of half circle = 8 inch

=> Area of Half circle = π(8)² = (3.14)(64)/2 = 100.96 in²

=> Perimeter of Half circle = πr =(3.14)(8) = 25.12 in

Area of the composite shape

= Ractangle's Area + Half circle's Area

= 192 in² + 100.96 in²

= 292.96 in²

The perimeter of the composite shape

= Ractangle perimeter + Half circle perimeter

= 40 inches + 25.12 inches

= 65.12 inches

Therefore,

The area of the composite shape is 292.96 in² and the perimeter of the composite shape is 65.12 inches

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What i cot of tiling a rectangular plot of land 500m long and 200m wide at the rate r 8 per q m

Answers

The cost of tilling a rectangular plot of land 500m long and 200m wide at the rate of rs 8 per sq m is Rs. 8,00,000.

Area of rectangle = length × breadth

Area of rectangular plot = 500× 200 = 1,00,000 sq m

Cost of tilling 1 sq m of land = Rs. 8

Cost of tilling 1,00,000 sq m of land = 8 × 1,00,000 = Rs. 8,00,000

Thus, The cost of tilling a rectangular plot of land 500m long and 200m wide at the rate of rs 8 per sq m is Rs. 8,00,000.

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find the least commmon multiple (LCM) for each pair of numbers.To solve the riddle the letters to the numberd lines below 2,5 3,15 6,12 2,15 2,3 8,24 4,10 6,9 7,9

Answers

The LCM of the given pairs are 10, 15,12,30,6,24,20,18, and 63 respectively.

What is LCM?

The least common multiple (LCM) of two numbers is the lowest possible number that can be divisible by both numbers.

There are 9 pairs, so let's name them using the letters A to I.

The LCM of the first pair A (2, 5) is 10.

The LCM of the pair B (3, 15) is 1*3*5 = 15.

The LCM of the pair C (6, 12) is 3*2*1*2 = 12.

The LCM of the pair D (3, 15) is 2*3*1*5 = 30.

The LCM of the pair E (2, 3) is 1*3*2 = 6.

The LCM of the pair F (8, 24) is 2*2*2*1*3 = 24.

The LCM of the pair G (4, 10) is 2*2*5 = 20.

The LCM of the pair H (6, 9) is 3*2*3 = 18.

The LCM of the pair I (7, 9) is 7*9 = 63.

Hence, 10,15,12,30,6,24,20,18,63 are the LCM of the given pairs.

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Find the values of x and y

Answers

Answer:

x = 20

y = 70

Step-by-step explanation:

It's rather difficult to explain since nothing is labeled but those are the answers

A new streaming service sent out a survey to 350 households to see who would be interested in its service. The company found that it could charge $55 per month, with a margin of error of ±1.3. If 1,000 people signed up for the service, what is the least amount of monthly revenue the company should expect?

$52,815
$53,700
$54,915
$56,300

Answers

Answer:

B) $53700

-------------------------------------

The charge of $55 with error margin of  ± 1.3 results in the least value of $(55 - 1.3) = $53.7 and greatest value of $(55 + 1.3) = $56.3.

If 1000 people signed up for the service, then the least total amount is:

$53.7*1000 = $53700

Correct choice is B.

PLEASE HELP!!!!!!!!
Given 2 and one-eighth times negative 7 times five tenths, determine the product.

negative fourteen and five eightieths
negative 7 and seven sixteenths
fourteen and five fortieths
7 and one eighth

Answers

Answer:

Negative seven and seven sixteenths

Step-by-step explanation:

2⅛ x (-7) x 5/10

= 17/8 x (-7) x 1/2

= - 119/16

= - 7 7/16

Which is equal to 1/58^8 ? a.58^-8 b.-1/58^-8 c.58^8 d.1/(58)^-8

Answers

a) 58^-8 is the same as 1/58^8. we can also simplify the expression by applying the rule for negative exponents to the entire fraction.

How to evaluate this expression ?

To evaluate this expression, we can use the rule that any number raised to a negative exponent is equal to the reciprocal of the same number raised to the same positive exponent. In other words, x^-n = 1/x^n.

Applying this rule to the expression 1/58^8, we get:

1/58^8 = 1/(58^8) = 58^-8

Therefore, the correct answer is 58^-8.

It is important to note that the exponentiation operator (^) has higher precedence than the division operator (/), so we need to use parentheses to indicate that the exponent should be applied to the entire denominator before the division is performed. In this case, we can also simplify the expression by applying the rule for negative exponents to the entire fraction:

1/58^8 = (1/58)^8 = 58^-8

This simplification shows that the correct answer is still 58^-8.

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Seven days a year, Tiger Stadium becomes the fifth largest city in the state of Louisiana. Over 92,000 fans pack the stadium to watch the Tigers play. After the game, if the fans leave at a rate of 10% per minute, how long will it take before the stadium is half empty?

Answers

It will take 5 minutes before the stadium is half empty

How to determine how long will it take before the stadium is half empty?

Given that:

Over 92,000 fans pack the stadium to watch the Tigers play

The fans leave at a rate of 10% per minute

The number of fans that leave per minute will be:

10% of  92,000 = 10/100 × 92, 000 = 9,200

The stadium will be fully empty  in:

time = 92,000/9,200 = 10 minutes

The stadium will be half empty  in:

time = 10 minutes / 2 = 5 minutes

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If A=45° B = 30°, prove that
Sin (A-B) = sinAcos B - Cos Asin B​

Answers

To prove that Sin (A-B) = sinAcos B - Cos Asin B, we can use the angle subtraction formula for sine:

Sin (A-B) = Sin A Cos B - Cos A Sin B

This formula is derived from the identity:

Sin (A-B) = Sin A Cos B - Cos A Sin B

which can be derived by using the double angle identities for sine and cosine:

Sin (2A) = 2 Sin A Cos A

Cos (2A) = Cos^2 A - Sin^2 A = 2 Cos^2 A - 1 = 1 - 2 Sin^2 A

Substituting these identities into the identity above, we get:

Sin (A-B) = Sin A Cos B - Cos A Sin B

What is an angle subtraction?

Angle subtraction formulas is otherwise known as angle subtraction identities. This angle subtraction formulas permit us to find the exact values of less common trigonometric angles by expressing the less common angle as the difference of two common angles. For example, 15 degrees = 45 degrees - 30 degrees.

Therefore, Sin (A-B) = sinAcos B - Cos Asin B.

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What is the value of 24 + x ÷ 12 when x = −180?

17
9
−13
−178

If you don't know the answer please do not type random stuff or you'll see what ima do

Answers

The value of the expression 24 + x ÷ 12 when x = −180 is (b) 9

What are expressions?

Expressions are mathematical statements that are represented by variables, coefficients and operators

How to determine the value of the expression?

From the question, we have the following parameters that can be used in our computation:

24 + x ÷ 12

Also, we have the value of the variable to be

x = −180

Substitute the known values in the above equation, so, we have the following representation

24 - 180 ÷ 12

Evaluate the quotient in the above equation

So, we have the following representation

24 - 180 ÷ 12 = 24 - 15

Evaluate the difference in the above equation

So, we have the following representation

24 - 180 ÷ 12 = 9

Hence, the value of the expression is (b) 9

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an item is regularly priced at . it is on sale for off the regular price. how much (in dollars) is discounted from the regular price?

Answers

An item is regularly priced at, 1.98$ is discounted from the regular price.

A percentage is a portion of a whole expressed as a number between 0 and 100 rather than as a fraction. All of something is 100 percent, half of it is fifty percent, none of something is zero percent. To determine a percentage, you divide the portion of the whole by the whole itself and multiply by 100.

Given that,

First, change the percentage into decimal:

Let us assume,

Sale of regular price = 1%

1% = 1/100 = 0.01

Assume, item regular price is = 2$

Multiply 2 with 0.01:

2 * 0.01 = 0.02

Note that this number 0.02 (0.01 of 2) is the amount off from the original price (2). Subtract 2 from 0.02

2 - 0.02 = 1.98

Therefore,

An item is regularly priced at, 1.98$ is discounted from the regular price.

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