What is the key feature of simple interest?

Answers

Answer 1

Answer:

When you make a payment on a simple interest loan, the payment first goes toward that month's interest, and the remainder goes toward the principal. Each month's interest is paid in full so it never accrues.

Step-by-step explanation:


Related Questions

A car travels at an average speed of 56 miles per hour how many miles does it travel in 5hrs and 30min

Answers

Answer:

308 miles

Step-by-step explanation:

speed * time = distance

56 * 5.5 = 308

308 miles

1. Which of the following is an example of acceleration? A. 10m/s B. 64km/h/min C. 50 cm2/s2 D. 46 km/h​

Answers

Answer:

i beleive c for the proper answer form is m/s 2 c is the only one to show to square anything. if that's wrong the a but there is no square symbol.

I need help with part a and b please

Answers

Answer:

The total answer should be 38 on the top

Step-by-step explanation:

a) So the first partial quotient would be equal to 30 as 31 x 30 = 930

b) Second partial quotient would be 8 as 31 x 8 = 248

Answer:

0

38

I hope it's help byeeee

WILL GIVE BRAINLIEST
These two triangles are congruent by ....
O SSS
O SAS
O HL
O ASA
O AAS
O the triangles are NOT congruent

Answers

I don’t really know what it is but you can cross out A, B, and F for sure.

SAS postulate states that if two sides and one angle of the two triangles are congruent then the corresponding triangles are congruent.

These two triangles are congruent by SAS postulate

Proof

Statements                                         Reasons

In  ΔNHJ ↔ ΔKHJ

mHJ≅mHJ                                   common to both Δs∠N≅∠K                                    right anglesmHN≅mHK                                     given

From 1,2, and 3 ΔNHJ ≅ ΔKHJ            SAS≅SAS

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Greg received 3/8 of the votes cast for class secrectary. How many votes did he receive
Write your answer in simplest form
( show me how you got your answer like an explanation please Thanks! :)

Answers

Answer: 3/8

Step-by-step explanation: We don't know how many votes are there for the class secretary.

7,433,654 rounded to the nearest 100

Answers

7433700 I think but not sure

The simple interest charged on a 12-month loan of $82,000 is $631. Find the simple interest rate. (Round your answer to one decimal place.)

Answers

Step-by-step explanation:

631/82000×100

=0.8

MARK ME BRAINLIEST PLSS!

Can someone please help me on this one ?

You are considering different investment strategies to save for your retirement.
Option 1: You invest $50/ month at a rate of 3.5% APR compounded monthly for 35 years.
Option 2: You invest $150/ quarter at a rate of 4.15% APR compounded monthly for 35 years.
Option 3: You invest $4,000 at a rate of 5.5% APR compounded monthly for 35 years.
Complete the table below and answer the questions below it.
You may use this calculator http://www.mycalculators.com/ca/savecalcm.html to help you.
(Hint: The “Present Value” for options 1 and 2 is 0 while for option 3 it is $4,000.00. Also, the
top radio button in the Contributions box should be selected so that contributions are made at the beginning of the period.)

Table:
Option # | Contributions | Final Balance | Total Interest Earned
1
2
3

1) How did you calculate the contribution for each option? In which option would you
contribute the least?

2) Which option yielded the highest amount at the end of the 35 years and what was the basis of the plan?

3) What is the difference in the principal invested for the highest and lowest final
balances? What is the difference in the interest earned?

4) What plan would you recommend for the largest return on investment? (This means
the most interest for the least amount invested)

5) How does the differing interest rates in each option play into your recommendation?

I would appreciate full feedback! Thank you :)

Answers

Return on investment increases as the interest rate applied, the duration of investment, and the principal invested increases.

The responses are as follows;

1) Total contribution = Single contribution Value × Number of contributions2) Option 23) $-4,0004) Option 35) The higher interest rate increases the return on investment

Reasons:

Option 1: Investment

The present value = 0

The contributions made = $50 monthly

APR of investment = 3.5%

Number of years of investment = 35 years

The contribution = $50 × 12 × 35 = $21,000

Future value (final balance) = $41,230.22

Interest Earned = $41,230.22 - $21,000 = $20,230.22

Option 2: Investment

The present value = 0

The contributions made = $150 per quarter

APR on investment = 4.15%

Number of years of investment = 35 years

The contribution = $150 × 4 × 35 = $21,000

Future value = $47,503.88

Interest Earned = $47,503.88 - $21,100

Option 3: Investment

Present value = $4,000

APR on investment = 5.5%

Number of years of investment = 35 years

The contribution = $4,000

Future value = $27,300.26

Interest Earned = $27,300.26 - $4,000 = $23,300.26

[tex]\begin{array}{|c|c|c|c|}Option \ number&Contributions&Total \ Interest \ Earned&Final \ Balance\\1&\$50&\$20,230.22&\$41,230.22\\2&\$150&\$26,403.88&\$47,503.88\\3& \$4,000 &\$23,300.26 &\$27,300.26 \end{array}\right][/tex]

1) The total contribution is given by the product of the monthly contribution and the number of timer units.

2) The option that yielded the highest amount at the end of 35 years is the option 2.

The basis of the plan is quarterly investment of $150 and an annual interest rate of 4.15% compounded monthly.

3) The principal with the highest final balance is the principal for Option 2. which is 0

The principal that has the lowest final balance is the principal for option 3 which is $4,000

The difference in the principal for the highest and lowest final balances is  

$0 - $4,000  = $-4,000

4) The plan recommended for the largest return on investment is option 2, in which the amount invested increased by more than 600%

5) The higher the interest rate, the higher the return on the amount invested.

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A ruler 30 cm long is broken into two parts in the ratio 8:7. How long
are the two parts?

Answers

Answer:

Step-by-step explanation:

Length of each part of the ruler will be

8x and 7x

. Hence, 8x+7x=30 => 15x=30 =>x=2

Hence, the lengths will be

8x=8×2=16

7x=7×2=14

tom drives a truck his regular trip is a distance of 280km.he drives at an average speed of 80km/h.for saftey reason his boss puts a speed limit on his trucktoms average speed by 10km/h
how much longer will it takes tom to drive this regular trip​

Answers

Answer:

Step-by-step explanation:

280 / (80 - 10) - 280 / 80 = 0.5 hr longer

4х = 32
А. x= 9
В. x= 8
с. x= 28
D. х = 128

Answers

Answer:

B

Step-by-step explanation:

Step 1: Divide both sides by 4.

4x/4 = 32/4

4x/4 leaves you with x by itself, and 32/4 is 8. So x = 8

WHAT IS 159 DIVIDED BY 3 (ITS NOT HARD PLEASE ANSWER I DON'T HAVE A CACULATER)

Answers

Answer:

Step-by-step explanation:

The asked quotient of 159 divided by 3 is the number 51.

What is divide?

It is the inverse of multiplication, and it is used to find out how many times one number can be divided by another. In mathematics, the division is an arithmetic operation that involves splitting a quantity into equal parts or groups.

Here,
As mentioned in the question, we have to determine the quotient of 159 divided by 3
So let the quotient be y,
y = 159/3
y = 51

Thus, the asked quotient of 159 divided by 3 is number 51.

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1. You are interested in recycling behavior and whether it varies between urban and
rural residents. You know that the statewide recycling rate is 48.89%, and you
survey 140 rural residents and 310 urban residents to find out if they recycle.
180 urban residents respond that yes, they recycle. 130 do not. 40
rural residents recycle, and 100 do not.
a) Construct an expected frequencies crosstab, based on the sample size and the
statewide recycling rate.
b) Construct an observed frequencies crosstab, based on your actual data.
(NOTE for 1a and 16: Be sure to include both percentages and frequency values, in

Answers

Answer:

65

Step-by-step explanation:

what is the volume of the cone if the volume of the cylinder is 51L.​

Answers

Answer:

17L

Step-by-step explanation:

Volume of cone = 1/3(Volume of cylinder )

= 1/3 * 51L

= 17L

Up arrow, right arrow, down arrow, left arrow, up arrow, right arrow, down arrow, left arrow. What's the conjecture

Answers

Answer:

The correct option is;

If one reflects a figure across the y-axis, the points of the image can be found using the pattern (x, y) Right-arrow (x, -y).

If one reflects a figure across the y-axis, the points of the image can be found using the pattern (x, y) Right-Arrow (-x, y).

Taking the result from the first reflection (x, -y) and applying the second mapping rule will result in (-x, -y), not (y, x), which reflection across the line y = x should give

Step-by-step explanation:

We have that for reflection across the x-axis, (x, y) → (x, -y)

For reflection across the y-axis, (x, y) → (-x, y)

Therefore, given that the pre-image before the reflection across the y-axis is (x, -y), we have;

For reflection across the y-axis, (x, -y) → (-x, -y)

For reflection across the line, y = x, gives (x, y) → (y, x) which is not the same as (-x, -y)

Solve.

−3 2/3x = −2 1/5

Answers

Answer:

1 2/3

Step-by-step explanation:

You divide -3 2/3x to -2 1/5 and you will get 1 2/3

Find the value of y for the given value of x.
y = x/2 + 9;x = -12

Answers

Step-by-step explanation:

x = -12

y = x/2 + 9

y = -12/2 + 9

y = -6 + 9

y = 3

Fred earns $45 mowing the lawn. He spends $5 on music and puts half of what's left in a savings account. He then gets another $5 for washing his neighbor's car.
First, write the expression that represents the number of dollars Fred keeps (and does not put in his savings account), and then simplify.

Answers

The total amount that Fred keeps (and does not put in his savings account) is $20

Total earnings of Fred = $45

Amount spent on music = $5

Amount remaining after spending on music = $40

Fred puts half of what's left in a savings account.

Total amount put in the savings account = 40/2

Total amount put in the savings account = $20

The total amount that Fred keeps (and does not put in his savings account) is $20

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Who ever solve this first I will give Brainliest to them

Answers

Answer:

9

Step-by-step explanation:

In order to solve this problem, you need to understand how the area of a parallelogram works. If you already know how the area of a parallelogram and the area of a triangle are related, then adding 79 and 10 and subsequently subtracting 72 and 8 to get 9 should make sense

If AZ = 85 ZE=51 find Bc

Answers

The answer is 136.
85^2-51^2
=4624
Then we square root that to get…
68
BUT the answer is saying from b to c so we would have to multiply it by 2 to get…
136

Given: D is the midpoint of AC, ED = FD, and angle EDA = angle FDC

Prove that: Triangle AED = Triangle CFD

Answers

Answer:

Step-by-step explanation:

Side-Angle-Side postulate (SAS)

There are ΔAED and ΔCFD triangles that are congruent due to the SAS congruence postulate.

What are congruent triangles?

Two triangles are said to be congruent if their corresponding sides and angles are equal.

As per the given question,

D is the midpoint of AC, ED = FD, and angle EDA = angle FDC

In ΔAED and ΔCFD,

Side DE = Side DF

m∠EDA  = m∠FDC

Side AE= Side FC

According to SAS, two triangles are congruent if the two sides and the included angle of one triangle are equal to the corresponding sides and the included angle of the other triangle.

Thus, both triangles are congruent.

Hence, there are ΔAED and ΔCFD triangles that are congruent due to the SAS congruence postulate.

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Which function has an inverse this is a function?

b(x)=x^2 + 2x

d(x)=-4x

m(x)=-3

p(x)=|x|

Answers

Answer :-

Option 2

Step by step explanation :-

d (x) = -4x has an inverse .

A scientist needs 180 milliliters of a 20% acid solution for an experiment. The lab has available a 25% and a 10% solution. How many milliliters of the 25% solution and how many milliliters of the 10% solution should the scientist mix to make the 20% solution

Answers

9514 1404 393

Answer:

120 mL of 25% solution60 mL of 10% solution

Step-by-step explanation:

Let q represent the quantity of 25% solution in the mix. Then 180-q is the quantity of 10% solution. The quantity of acid in the mix is ...

  0.10(180 -q) +0.25(q) = 0.20(180)

  18 +0.15q = 36 . . . . simplify

  0.15q = 18 . . . . . . . . subtract 18

  q = 18/0.15 = 120 . . . . divide by the coefficient of q

  180-q = 60

The scientist should mix 120 mL of 25% solution with 60 mL of 10% solution.

Where do I put the parenthesis to make it true?

5 – 6w – 5 – 95 + 2w = –48w – 70

Answers

Answer:

i just stole your points thank you

Step-by-step explanation:

5 – 6w – 5 – 95 + 2w = –48w – 70

-6w + 2w + 48w = -70 -5 + 5 +95

44w = 25

w=25/44

A sample in which each element in a population has a equal chance of being selected

Answers

Answer:

simple random sample

Step-by-step explanation:

I hope that's it

D. Directions: Write the equation for line in any form) for the following points
(0,4) and (-3,12)

Answers

Answer:

y = -8/3x + 4

Step-by-step explanation:

Part of a city map is shown. If m 5 = x, which angles also have a measure of x? Select all that apply.
A 1
B 4
C 9
D 12
Thanks!!!

Answers

Answer:

C 9

D 12

Step-by-step explanation:

9 is a corresponding angle to 5 and 12 is an opposite angle to 9

Also by convention, grid lines are at right angles to each other so 5, 6, 7, 8, 9, 10, 11, and 12 are all equal at x = 90°

what is 250% of 5
please help

Answers

Answer:

  12.5

Step-by-step explanation:

You can read this problem as ...

  2.5 × 5 = 12.5

__

You can think of % as meaning /100. You can think of "of" as meaning "times". Then the expression

  250% of 5

can be thought of as ...

  250/100 × 5

  = 1250/100 = 12.5

If you randomly select a card from a well-shuffled standard deck of 52 cards, determine the probability that the card you select is not a spade.
A. Write your answer as a simplified fraction.
B. Write your answer as a decimal, rounded to the nearest thousandth.
C. Write your answer as a percent. Round to the nearest tenth of a percent and don't forget to include a percent sign, %, in your answer.

Answers

Answer:

a. 1/13

b. 0.077

c. 7.7

Step-by-step explanation:

a. there are 4 of the 6 in a deck of cards so the probability of taking this cards from the deck of 52 cards is 4/52. Given you 1/13.

in what value of b makes y= 2x + b the same as y= 2x what does that value mean

Answers

Answer:

B = 0

Step-by-step explanation:

If you have y = 2x + b and are trying to get to y = 2x

Then just remove the B itself meaning it's value would be 0 so it is as if that variable was never in the actual equation.

Basing ourselves off of the formula "y = mx + b"

B = 0 would mean that the y-intercept of the line is 0

Answer:

0

Step-by-step explanation:

if y=2x and y=2x+b is the same then b must be 0.

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