Mariadobbs200514 Mariadobbs200514

20-12-2022
Mathematics

Answered

In order to start a small business, a student takes out a simple interest loan for $5000.00
for 9 months at a rate of 9.75%.
a. How much interest must the student pay?
b. Find the future value of the loan.

Answer :

Other Questions

The Fosters vowed on their wedding day to have saved $1,000,000 by their 50th anniversary. Use the future value formula to determine how much the Fosters would

For each of the following calculate the exact value of: a.) 2 ½ - 4/5 3/4 b.) 2 2/3 + 1 1/5 6 2/5 c.) 1 ½ - 2/5 4 2/5 x 3/4 d.) 2 ¼ + 1 1/8 4 ½ e.) 3 1/5 - 2/3

1. What is the value of g′(3) ? 2. Let h be the function with derivative given by h′(x)=4ecosx. At what value of x in the interval −3≤x≤0 does the instantaneou

At a wedding reception, an equal number of guests were seated at each of 12 large tables, and 8 members of the wedding party were seated at the main table. The

Tri-State Pick 3 game: You choose a number with 3 digits from 0 to 9; the state chooses a three-digit winning number at random and pays you $500 if your number

1.A toy rocket is launched from a 4.9 m high platform in such a way that its height, h (in meters), after t seconds is given by the equation h=−4.9t2+33.6t+4.

You start with the equation 8x = 24. Your friend changes the equation as follows. 1 8x = 24 - 4 How can you make your friend's equation equivalent to the origi

The price of fuel may increase due to demand and decrease due to overproduction. Marco is studying the change in the price of two types of fuel, A and B, over t

K. 1 Find the constant of proportionality from a tableZCKThe Crafty Clay Art Show has invited Roger to make and sell his famous decorative plates. He molds the

4) Josef has $11. 55 in nickels and quarters. If he has a total of 99 coins, how many of each type of coin does he have? X+y 0. 05x+0. 25% = 11. 55 -99