An amount of $44,000 is borrowed for 9 years at 3% interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid
back?

Answers

Answer 1

Answer:

A= $52,190.93

Step-by-step explanation:

A = $ 52,190.93

A = P + I where

P (principal) = $ 40,000.00

I (interest) = $ 12,190.93

Calculation Steps:

First, convert R percent to r a decimal

r = R/100

r = 3%/100

r = 0.03 per year,

Then, solve our equation for A

A = P(1 + r/n)nt

A = 40,000.00(1 + 0.03/1)(1)(9)

A = $ 52,190.93

Summary:

The total amount accrued, principal plus interest,

from compound interest on an original principal of

$ 40,000.00 at a rate of 3% per year

compounded 1 times per year

over 9 years is $ 52,190.93.


Related Questions

Darrion's car has a gas mileage of 30 miles per gallon. How many miles can Darrion travel on 13 gallons of gas?

Answers

30 miles = 1 gallon

To find for 13 gallons you do:

30 x 13 = 390

Darrion can do 390 miles with 13 gallons of gas
30 times 13 because each gallon will take him 30miles... which would be 390miles

Good luck Brainliest would be appreciated

-1+5.8x=1-(9.1x+10)+8.5x solve for x​

Answers

Answer:

ehjrbbvhbvebvuhbdhvhdhsduhsdbrhw

Step-by-step explanation:

Find the equation of the line thank you

Answers

Answer:

y=3/4x-2

Step-by-step explanation:

Answer:

y=3/4x-2

Step-by-step explanation:

y-intercept: -2

slope: 3/4

10 to the 8 power is what

Answers

Answer:

it is 100000000 i think i am not sure either

My new speaker costs $154.00, but I also had to
pay 61 tax. How much did I pay in total for my speakers

Answers

Answer:

$247.94

Step-by-step explanation:

eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

You buy rice at $0.71 a pound. One batch of fried rice requires 9 pounds of rice. How much does the rice for one batch cost? Round to the nearest cent.

Answers

Answer:

$6.39

Step-by-step explanation:

b= batch

1b=$0.71

9b=?

9b=9($0.71)

9b=$6.39

0.71 x 9=6.39
Answer 6.4
I think

to ride a horse at the state fair costs 2$ per minute. Pablo buys a 16 minute ride. Next time her plans to ride 25% longer. How much will he pay?

Help please i will reward brainly

Answers

Answer:

40 dollars

Step-by-step explanation:

25% of 16 minutes is 4 mins. 16+4=20 mins.

so 20*2=40 dollars

5 point
Aaron has $36.00 from doing yard work. He gave 1/4 of his $36.00 to his
brother Ryan. How much of his money is still leftover?

Answers

Answer:

$27 is left over.

Step-by-step explanation:

If you divide 36 by 4, you can find out what 1/4 of 36 is. 36/4 = 9

This $9 is how much he gave away to his brother. In order to find out how much he has leftover for himself, subtract the $9 from the $36.

36-9 = 27.

Therefore, Aaron has $27 leftover for himself.

Solve w=3/7(ay+m) for y

Answers

Answer:gd

Step-by-step explanation:

Vygfy

Answer:

y = (7w - 3m) / 3a

Step-by-step explanation:

w = 3/7ay + 3/7m

multiply each side by 7 to eliminate fractions

7w = 3ay + 3m

3ay = 7w - 3m

y = (7w - 3m) / 3a

What is the definition of Antigen?


Please help

Answers

Answer:

a toxin or other foreign substance which induces an immune response in the body, especially the production of antibodies.

In a shop, a TV has a normal price of £500
The shop has a sale.

On Monday, the normal price of the TV is reduced by 1/10 to give the sale price.
On Tuesday, the sale price of the TV is reduced by 20%

Chris wants to buy the TV.
He has £400 to spend on the TV.

Does Chris have enough money to buy the TV on Tuesday?

Answers

Answer:

400> 360

Step-by-step explanation:

1/10 X 500 = 50

500 - 50 = 450

10% = 450/ 10 = 45

20% = 45 x 2 = 90

450 - 90 = 360

Chris does have enough 400> 360

Solve for R:
r +15/-7=-2

Answers

Answer:

1/7

one over seven

Step-by-step explanation:

Find the missing value.
K
N
75°
L
M

Answers

Answer:

N

Step-by-step explanation:

Yeah cos it's like n ya know ueuehd

If a tree in a 1 in.: 5ft scale drawing is 12 inches tall, how tall is the actual tree?

Answers

60ft
1:5 =12:?
12*5=
60
Answer is
60ft tall

Simplify the following expression:
5(2x-4)-4(2-5x)

Answers

Answer:

30x - 28

Step-by-step explanation:

distribute

5(2x) - 5(4) -4(2) - 4(-5x)

10x - 20 - 8 + 20x

30x - 28

whats the answer to -6 = 3/2z​

Answers

Answer:

Step-by-step explanation:

-6=3/2z

-12z=3

z=-4

Evaluate 4 ^ x for (a) x = - 2 and (b) x = 3 . Write your answers in simplest form

Answers

16 and 64 are the answer

The value of 4ˣ for x = -2  and x = 3 is 0.0625 and 64 respectively.

What is an exponential function?

The formula for an exponential function is f (x) = aˣ, where x is a variable and a is a constant that serves as the function's base and must be bigger than 0. The transcendental number e, or roughly 2.71828, is the most often used exponential function basis.

Given function

when x = -2

4ˣ = 4⁻²

using a⁻ⁿ = 1/aⁿ

4⁻² = 1/4² = 1/16

4⁻² = 0.0625

and x = 3

4ˣ = 4³

4³ = 4 x 4 x 4 = 64

Hence the values are 0.0625 and 64 for x = -2 and 3.

Learn more about exponential function;

https://brainly.com/question/14355665

#SPJ5

Suppose Gil can write a poem in 1 hour, Holly can write a poem in 2 hours, and Ivan can write a poem in 3 hours. Each person spends 12 hours per day writing poems and requires a wage of $10 per hour to do so. If a literary magazine needs one poem, how much will it cost

Answers

Answer:

The literary magazine must pay $ 10 if poem is written by Gil, $ 20 if poem is written by Holly and $ 30 if poem is written by Ivan.

Step-by-step explanation:

The wage indicate the amount of money earned in hour for production of poems. If a literary magazine needs just one poem, then the cost will be the wage multiplied by time taken for the creation of the poem. There are three possibilities:

Gil

[tex]C = \left(10\,\frac{USD}{h})\cdot (1\,h)[/tex]

[tex]C = 10\,USD[/tex]

Holly

[tex]C = \left(10\,\frac{USD}{h}\right)\cdot (2\,h)[/tex]

[tex]C = 20\,USD[/tex]

Ivan

[tex]C = \left(10\,\frac{USD}{h}\right)\cdot (3\,h)[/tex]

[tex]C = 30\,USD[/tex]

The literary magazine must pay $ 10 if poem is written by Gil, $ 20 if poem is written by Holly and $ 30 if poem is written by Ivan.

.
Simplify the expression below.
1/2x²+2+1/4x+8
plz help

Answers

1/2x^2+10+1/4x is your answer

Answer:

[tex] \frac{1}{2} {x}^{2} + 10 + \frac{1}{4} x[/tex]

Step-by-step explanation:

[tex] \frac{1}{2} {x}^{2} + 2 + \frac{1}{4} x + 8[/tex]

[tex]2 + 8 = 10[/tex]

[tex] \frac{1}{2} {x}^{2} + 10 + \frac{1}{4} x[/tex]

Nature's Squeeze is a drink stand known for its fresh-squeezed juices. Colin just got his first job working there! During his training, he made 4 drinks in 12 minutes. Today is Colin's first shift, and he will work for 90 minutes.
If Colin makes drinks at the same rate, how many drinks will he make today?

Answers

Answer: 30 drinks

Step-by-step explanation:

From the question, we are informed that Colin made 4 drinks in 12 minutes during his training. This shows that a drink is made in (12/4) = 3 minutes.

Since he will work for 90 minutes, the number of drinks that he will make will be:

= 90/3

= 30 drinks

what is 729 : 4 in long division ​

Answers

Answer: Here's what I got:

Step-by-step explanation:

I don't know if this what you wanted:

Percents can be expressed as fractions and decimals. A percent means “out of 100,” so we can express 40% as the fraction 40⁄100. We can simplify this fraction to2⁄5 by dividing by the greatest common factor, 20.

We can also express a percent as a decimal. Percents show a part out of a hundred, or hundredths, so you can divide the percent by 100 to find the decimal. 40 divided by 100 equals 40 hundredths, or .4. You can also divide the numerator by the denominator in the simplified fraction, 2⁄5, to find the equivalent decimal.


These values are all equivalent.

75% =

A
75/10

B
2/3

C
3/4

D
3/5

Answers

Answer:

Definitely 3/4!

Step-by-step explanation:

Option A = 7.5

Option B = 66.6%

Option C = 75% (because 25 times 4 is equal to 100%, so 25 times 3 would be 75)

Option D = 6/10 or 60%

The values that are equivalent to 75% are A) 75/100 (0.75) and C) 3/4.

To determine whether these values are equivalent, let's evaluate each expression and compare the results.

A) 75% can be written as a decimal by dividing 75 by 100:

75% = 75/100 = 0.75

B) 2/3 is already in fractional form and cannot be simplified further.

C) 3/4 is also in fractional form and cannot be simplified further.

D) 3/5 is in fractional form and cannot be simplified further.

Now let's compare the decimal equivalents:

0.75 = 75/100

2/3 = 0.666...

3/4 = 0.75

3/5 = 0.6

Comparing the decimal values, we can see that A) 0.75 and C) 0.75 are equivalent, as they both represent 75% in decimal form.

However, B) 2/3 and D) 3/5 do not equal 0.75 and are therefore not equivalent to 75%.

Hence, the values that are equivalent to 75% are A) 75/100 (0.75) and C) 3/4.

Learn more about Percents click;

https://brainly.com/question/31323953

#SPJ6

Determine the volume of a sphere with a diameter of 70 mm.
Question options:

A)

3,216.9 mm3

B)

100,024 mm3

C) CORRECT ANSWER

179,594.4 mm3

D)

21,714.7 mm3

Answers

Answer:

c.

Step-by-step explanation:

4/3 pi r²

4/3 × 3.142 or 22/7 × 3.5²

Which of the following is the equation for the line of symmetry in this figure?
Can someone help please!

Answers

Answer:

X=3

Step-by-step explanation:

3 is in the middle of the figure.

I hope this helps!

Need help finding angle A,B,C,D!!

Answers

I would double check but I believe that a=102. b=78. c=64 and d=116.
Keep in mind that a line=180 degrees. I hope this helps.

The Commutative Property states that the order of terms in an expression does not affect the outcome. Which of the following operations does the Commutative Property apply? select all that apply

A. addition
B. subtraction
C. multiplication
D. division

Answers

I think the answer is B

which properties justify the steps taken to solve the system 4x + 3y =25 2x + 5y=19 ​

Answers

Answer: we multiply the second equation by -2. This property is the multiplication property of equality (1).  

Then, we add the two equations generated. (2) addition property of inequality.

Next, we divide both sides of the equation by 13. That is division property of inequality.  

Moreover, we substitute the value obtained for y in the first equation. This is substitution property of equality.  

Then, we simplify

Next, we add +3 to both sides of the equation in order to have an equation with only one side having a variable. That is addition property of equality.  

Lastly, we divide both sides of the equation by 4. This is division property of equality.

Step-by-step explanation:

find the slope of the line. (1,1) ,( 3,5)

Answers

Answer:

m=2

Step-by-step explanation:

5-1/3-1

4/3-1

4/2

2

I hope this helps

An experiment on the teaching of reading compares two methods, A and B. The response variable is the Degree of Reading Power (DRP) score. The experimenter uses Method A in a class of 100 students and Method B in a comparable class of 100 students. Students are assigned to the two classes at random. Suppose that in the population of all children of this age the DRP score has the N(75, 30) distribution if Method A is used and the N(74, 40) distribution if Method B is used. Let us call the mean DRP score for 100 students in the A group. Let us call the mean DRP score for 100 students in the B group ý.

Required:
What is the probability that the mean score for the B group will be at least five points higher than the mean score for the A group?

Answers

Answer:

0% probability that the mean score for the B group will be at least five points higher than the mean score for the A group

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution, the central limit theorem, and subtraction of normal variables:

Normal probability distribution

When the distribution is normal, we use the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the zscore of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

Subtraction of normal variables:

When we subtract two normal variables, the mean is the subtraction of the mean of each variable, while the standard deviation is the square root of the sum of each variance.

Method A:

One student: N(75,30), so [tex]\mu = 75, \sigma = 30[/tex]

Samples of 100 students: [tex]n = 100, s = \frac{30}{\sqrt{100}} = 0.3[/tex]

Method B:

One student: N(74,40), so [tex]\mu = 74, \sigma = 40[/tex]

Samples of 100 students: [tex]n = 100, s = \frac{40}{\sqrt{100}} = 0.4[/tex]

What is the probability that the mean score for the B group will be at least five points higher than the mean score for the A group?

This is the probability that B - A >= 5. So

[tex]\mu_{B-A} = \mu_B - \mu_A = 74 - 75 = -1[/tex]

[tex]s_{B-A} = \sqrt{s_A^{2}+S_B^{2}} = \sqrt{(0.3)^2+(0.4)^2} = 0.5[/tex]

We have to find 1 subtracted by the pvalue of Z when X = 5. So

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{5 - (-1)}{0.5}[/tex]

[tex]Z = 12[/tex]

[tex]Z = 12[/tex] has a pvalue of 1

1 - 1 = 0, so

0% probability that the mean score for the B group will be at least five points higher than the mean score for the A group

Jana paid an initial fee of $75 to join a fitness gym. She pays $15 per month for her membership. How many months did she have the membership if she spent a total of $255.

asap ill give brainlyist

Answers

Answer:

12 months

Step-by-step explanation:

Set up a formula; 75 + 15x = 255

Now, solve for x, which is number of months.

subtract 75 from both sides.

15x = 180

divide both sides by 15.

x = 12

x is equal to 12 - she would have had to have the subscription for 12 months to spend 255$.

Other Questions
Worth 20 points and brainliest!!!When delivering the speech above, how would the speaker best engage the audience? A. by making eye contact with individuals B. by speaking at the same pitch level C. by focusing on the back of the room D. by learning the entire speech by heart PLEASE HELP ME!!!!!Amelia is going to invest $90,000 and leave it in an account for 12 years. Assuming the interest is compounded monthly, what interest rate, , would be required in order for Amelia to end up with $144,000? Can someone please help me Which statements correctly describe herbivores and carnivores? Choose all that apply:Carnivores are often secondary or higher consumers.Carnivores are often primary consumers.Herbivores are often primary consumers.Herbivores are often producers. what's 4/6 + 5/8 ? can u write it out so i can show my work? Classify the equation as a conditional equation, an identity, or a contradiction. 4x+5x15=9x105 Evaluate the expression for p=3.4p= Phyllis invested $13,000, a portion earning a simple interest rate of 5% per year and the rest earning a rate of 5% per year. After one year the total interest earned on these investments was $672.50. How much money did she invest at each rate? Gianna had a canister with 6 1/2 pounds of sugar. She used 2 3/4 pounds of sugar to make cookies. How much sugar is left in the canister?A. 3 3/4B. 4 1/4C. 4 3/4 D. 17 7/8 Which sentence best describes this imageA. Las montaas estn detrs del ro.B. El ro est dentro de las montaas.C. Las montaas estn alrededor del ro.D. El ro est detrs de las montaas. How does a rhyme scheme help support a poem's overall meaning or theme?A) It distracts readers from the form.B) It helps readers memorize the poem.C) It refers back to the poem's title.D) It emphasizes important words. Two customers went to an auto body shop. The first customer paid $561 for and oil change and four new tires. The second customer paid $303 for an oil change and two new tires. What is the cost of an oil change? 2. In the figure, is an exterior angle to . complete sentences(a) What is m The value of k for which x-4kxy+4y=0 represent a pair of straight is?Please help me!! I NEED HELP WITH THE CHART!!! URGENT HELP PLEASE!!!!!!!!!!!!!!!!60 people attend a game night. Everyone chooses to play chess, a two-player game, or cribbage, a four-player game. All 60 people are playing either chess or cribbage.Complete this table showing some possible combinations of the number of each type of game being played: It is possible to write an equation to describe a geometric sequence.True or False URGENT! How did Adolf Hitler come to power in Germany? A. He seized power in a military coup. B. He was appointed chancellor by the German president. C. He was elected president of Germany and then took over the German Parliament. D. He created the Nazi party, which suppressed opposition and overthrew the elected chancellor. Charlotte read 1 3 of a book in the morning, and she read some more at night. By the end of the day, she still had 2 5 of the book left to read. How much of the book did Charlotte read at night? part of earth that contains all ecosystems Historians believe that around 300 C.E., the introduction of camels began to transform trade in North Africa, and the animals started to make larger scale ______ trade possible. Many Independent merchants sought safety in rembers by traveling in a group called _______