A person requests an immediate bank overdraft of $2000. The
bank generously agrees to this but insists that it should be repaid
by 12 monthly instalments and charges 1% interest every month
on the outstanding debt. Determine the monthly repayment

Answers

Answer 1
I think that the answer would be $186.67. My reasoning is 1% of $2000 is $20. Installments of 12 months. Take 2000/12 plus the interest of 1% ($20) you get 186.66 repeating however rounding would make it 186.67.
Answer 2

The monthly repayment for the given principal and rate of interest is $168.3.

Given that, a person requests an immediate bank overdraft of $2000.

What is the rate of interest?

An interest rate tells you how high the cost of borrowing is, or high the rewards are for saving. So, if you're a borrower, the interest rate is the amount you are charged for borrowing money, shown as a percentage of the total amount of the loan.

Here, P=$2000, T=12 months = 1 year and r=1%

Now, interest = (2000×1×1)/100

= 20

Total amount = 2020

So, monthly instalment = 2020/12

=$168.3

Therefore, the monthly repayment for the given principal and rate of interest is $168.3.

To learn more about the rate of interest visit:

https://brainly.com/question/28236069.

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Related Questions

Describe how to find your x-intercepts ?

Answers

The y-intercepts are points where the graph of a function or an equation crosses or “touches” the y-axis of the Cartesian Plane. You welcome!

9x + 3 – 7x + 4
Help me out please?

Answers

Answer: The answer is 2x + 7.

Explanation: First, we need to add the numbers:

9x + 3 – 7x + 4

9x + 7 - 7x

And finally, we combine like terms:

9x + 7 - 7x

2x + 7

the answer is 2x plus 7

Evaluate the function h(x) = 13 – x when x= -3,0, and 8.

Answers

Answer:

h(-3)=16

h(0)=13

h(8)=5

Step-by-step explanation:

[tex]h( -3) = 13 - ( - 3) = 16 \\ h(0) = 13 - 0 = 13 \\ h(8) = 13 - 8 = 5[/tex]

Josh drives 504 miles in 8 hours. At the same rate, how many miles would he drive in 5 hours?

Answers

Answer:

315 miles

Step-by-step explanation:

The unit rate is 63 miles per hour, and 63×5=315 miles.

[tex]\begin{array}{ccll} miles&hrs\\ \cline{1-2} 504&8\\ x&5 \end{array}\implies \cfrac{504}{x}=\cfrac{8}{5}\implies 2520=8x\implies \cfrac{2520}{8}=x\implies 315=x[/tex]

Which term of the AP 21, 18, 15 ...... is -81 ?​

Answers

Given AP is 21 ,18,15,...

First term = 21

Common difference = 18-21 = -3

Let an = -81

We know that

an = a+(n-1)d

⇛21+(n-1)(-3) = -81

⇛ 21-3n+3 = -81

⇛24-3n = -81

⇛ 24+81 = 3n

⇛ 105= 3n

⇛ n = 105/3

⇛ n = 35

35th term of the AP is -81.

also read similar questions: Which term of a AP 5 , 13 , 21 ,... is 181?

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Which term of the AP:3, 8, 13, 18,...,is 78?

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Please help i rlly need itttt

Answers

Answer:

The value of x is the value where the line crosses the x-axis!

________________________________________________________

Hope this helps!!

Please tell me if I have made a mistake!!

I enjoy learning from them:)

Answer:

x = y - b/m (with the obvious restriction m ≠ 0 )

Step-by-step explanation:

If

y = mx + b

subtracting b from both sides

y - b = mx

dividing both sides by m

y - b/m = x

flipping the sides (to make it look more normal)

x = y - b/m

help me i really need it

Answers

Answer:

A (0, -4)

Step-by-step explanation:

A(0,-4) step by step is

Write an equation for the situation: Kristian has $200 which is two times Alejo's money plus $20.​

Answers

Answer:

x= 2y + 20

Step-by-step explanation:

we could say kristian and alejo, Bob and Bill, shelled and Jackie or just about any other two words so let's call them x any y. kristian is x and also is y.

so kristian (x) has twice as much money plus another 20.

this means x has 2 times plus 20 more than y.

so x= 2y + 20

Evaluate the expression
[3(15+4)2 +2(20+5)2]0
0
5
1
2

Answers

0, 5, 5, 1, 2

is evaluate

The graph shows the relationship between time
and the number of soda bottles a machine can
make. Use the points (2,48) and (7,168) to find
the number of soda bottles the machine can make
each minute.

Answers

Answer:

24

Step-by-step explanation:

The number of soda bottles the machine can make  each minute is the unit rate, slope. To find slope using those two points, use the formula:

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

Identify the points: (2,48)  (7,168)

[tex]y_2=168[/tex]

[tex]y_1=48[/tex]

[tex]x_2=7[/tex]

[tex]x_1=2[/tex]

Plug these into the formula then solve:

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

[tex]\frac{168-48}{7-2}[/tex]

[tex]=\frac{120}{5}[/tex]

[tex]=24[/tex]

The slope is 24, and therefore the unit rate. Hence, the machine can make 24 soda bottles each minute.

Simple way

Where you see the point at 48 and 2, it means [tex]\frac{48}{2}[/tex]. So divide

48 ÷ 2 = 24.

Janessa recently increased the size of his Jeep tires from the original P230/85R18 to the larger P250/85R21. If Janessa didn’t recalibrate her odometer, how far did she really travel on the new tires when her odometer shows she has traveled 23425 miles?

Answers

The distance Janessa traveled on the new tires with the given size is 26,470.25 miles.

The given parameters:

Original size of the tire, = P230/85R18The width of the smaller tire, = 230 mmAspect ratio, = 85%Larger size of the tire, = P250/85R21The width of the larger tire, = 250 mmAspect ratio, = 85%Reading of the odometer = 23,425 miles

The diameter of the smaller tire is calculated as follows;

[tex]0.85 = \frac{h}{230} \\\\h = 0.85 \times 230 \\\\h = 195.5 \ mm\\\\h = 195.5 \ mm \times \frac{1 \ in}{25.4 \ mm} \\\\h = 7.7 \ in[/tex]

diameter of the smaller tire;

D = 2(7.7 in)  + 18 in

D =  33.4 in

The circumference of the smaller tire;

[tex]C_1 = \pi D\\\\C_1 = 3.142 \times 33.4 \\\\C_1 = 104.94 \ in[/tex]

The diameter of the larger tire is calculated as follows;

[tex]0.85 = \frac{h}{250} \\\\h = 0.85 \times 250 \\\\h = 212.5 \ mm\\\\h = 212.5 \ mm \times \frac{1 \ in}{25.4 \ mm} \\\\h = 8.37 \ in[/tex]

diameter of the larger tire;

D = 2(8.37 in)  + 21 in

D =  37.74 in

The circumference of the larger tire;

[tex]C_2 = \pi D\\\\C_2 = 3.142 \times 37.74 \\\\C_2 = 118.58 \ in[/tex]

After one rotation, the larger tire will travel the following distance more than  the smaller tire;

[tex]n = \frac{C_2}{C_1} = \frac{118.58}{104.94} = 1.13[/tex]

The distance Janessa traveled on the new tires when her odometer shows she has traveled 23425 miles;

[tex]distance = 1.13 \times 23,425\\\\distance = 26,470.25 \ miles[/tex]

Learn more about tire sizes and distance traveled: https://brainly.com/question/4822144

HELP ME ASAP!!!
Question 3(Multiple Choice Worth 5 points)
(04.04 MC)

If a sprinkler waters 1 over 15 of a lawn in 1 over 3 hour, how much time will it take to water the entire lawn?

5 hours
15 hours
18 hours
45 hours

Answers

Answer:

45 hour GIVE BRAINLY PLZ

746 divided by 40 with remainder

Answers

It would be 18.65 with a remainder of 1

Answer:

Quotient: 18; Remainder: 26

Step-by-step explanation:

Please open the PDF file for work.

Hoped this helped.

[tex]GeniusUser[/tex]

could you help me with this? its an ss here:

Answers

-8-5=2 i think this is right i could b wrong
2-(-8)=10

When subtracting a negative number, you will actually add. You can double check this by counting on the number line. Make sure you count by 2.

A sixth grade class collects 176 items for recycling three out of every eight items are cans the rest are bottles how many bottles does the class collect

Answers

Answer:

110

Step-by-step explanation:

We know that 5/8 of 176 so the answer is 110.

110 bottles class collect.

What is Unitary Method?

The unitary technique involves first determining the value of a single unit, followed by the value of the necessary number of units.

For example, Let's say Ram spends 36 Rs. for a dozen (12) bananas.

12 bananas will set you back 36 Rs. 1 banana costs 36 x 12 = 3 Rupees.

As a result, one banana costs three rupees. Let's say we need to calculate the price of 15 bananas.

This may be done as follows: 15 bananas cost 3 rupees each; 15 units cost 45 rupees.

Given:

A sixth grade class collects 176 items.

Now,  three out of every eight items are cans

= (8- 3)

= 5

So, number of bottles class collect

= 176 x 5 / 8

= 22 x 5

= 110

Hence, 110 bottles class collect.

Learn more about unitary method here:

https://brainly.com/question/22056199

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8. Paula needs to replace the floor in her family room since her cat peed in several
places. She wants to put down both vinyl flooring and carpet in the room. The
carpet she selected costs $2 per square foot. The vinyl floor covering costs $1
per square foot. She has $500 to spend on materials and must cover an area of
300 square feet. How much carpet and vinyl flooring will she buy to meet her
requirements?

Answers

So Looks like it’s area so 2x1x500x300 =300000

Suraj took a slice of pizza from the freezer and put it in the oven. The pizza’s temperature (in degrees celsius) as a function of time (in minutes) is graphed. What was the pizza’s temperature after 2 minutes?

Answers

For this case, the first thing we should do is write the linear function that best suits the table.

In this case we have the following function:

y = 7.5x - 5

C = 7.5t-5

For C = 100 we have:

100 = 7.5t-5

We clear the time:

t = (100 + 5) / (7.5)

t = 14

Answer:

it did take the pizza to reach 100 degrees Celsius about 14 minutes

Some government leaders propose allowing oil companies to drill in currently protected lands that may be rich in oil reserves. Environmental researchers argue that drilling in such lands would be harmful to the surrounding ecosystem. To measure support for drilling in such lands, an oil company representative uses random-digit telephone dialing to contact adults in the region and measure opinion for increased drilling. One question in the survey asks, "Given that an increase in drilling could result in increased tax revenue and additional jobs to the region, would you support a proposal to allow drilling in lands currently protected from drilling?" What type of bias could be most likely affecting the survey results? This is undercoverage bias because some segments of the population will be excluded from the sample. This is response bias because those selected for the survey may not provide truthful opinions about oil drilling. This is voluntary res

Answers

The type of bias in this survey is question-wording bias because the question is influencing the response (option D).

Question-wording bias occurs when the words selected in the question influence a specific response. Here is one example:

Do you believe a cruel practice such as bullfighting should be forbidden?

In this question, the use of the word cruel qualifies bullfighting as negative, and therefore in most cases, people will answer that bullfighting should be forbidden.

This effect occurs in the question for this survey because the section given that an increase in drilling could result in increased tax revenue and additional jobs to the region indirectly states drilling is positive and therefore influences the response of those surveyed.

Note: This question is incomplete because some of the options are missing; here are the complete options:

What type of bias could be most likely affecting the survey results?

A. This is undercoverage bias because some segments of the population will be excluded from the sample.

B. This is response bias because those selected for the survey may not provide truthful opinions about oil drilling.

C. This is voluntary response bias because those most passionate about drilling will be more likely to register an opinion.

D. This is question-wording bias because the information given at the start of the question may lead those surveyed towards a desired response.

Learn more about bias in: https://brainly.com/question/6078134

If DEF and MNO are two triangles such that DE=MN and EF=NO, which of the following would be sufficient to prove that triangles are congruent

Answers

Answer:

  D.  ∠E ≅ ∠N

Step-by-step explanation:

The pair of sides meet at vertex E in ∆DEF and at vertex N in ∆MNO. Since the sides that make up angles E and N are shown congruent, it is sufficient to show ...

  ∠E ≅ ∠N

Then the SAS congruence postulate can be claimed.

__

Additional comment

The alternative is to show DF ≅ MO. That would allow you to claim SSS congruence. That is not an answer choice.

Please help me prove that ED is congruent to BA! I thought I had it right by proving right and vertical angles, but I’m missing something

Answers

Step-by-step explanation:

[tex]\overline{DA} \text{ bisects } \overline{EB}[/tex]     is given

[tex]\overline{BC} \cong \overline{EC}[/tex]  definition of bisect

[tex]\overline{EB} \perp \overline{ED}, \, \overline{EB} \perp \overline{BA}[/tex]  are both given

[tex]\angle B, \, \angle E \text{ are right angles}[/tex]  definition of perpendicular

[tex]\angle B \cong \angle E[/tex]   because all right angles are congruent

[tex]\angle{ACB} \cong \angle{DCE}[/tex]  vertical angles are congruent

[tex]\triangle{ACB} \cong \triangle{DCE}[/tex]   ASA (angle-side-angle)

[tex]\overline{ED} \cong \overline{BA}[/tex]  CPCTC (corresponding parts of congruent triangles are congruent)

My mom walks 1 mile in 14
minutes. If she walked for 56
minutes, how far did she walk?

Answers

Answer:

4 miles

Step-by-step explanation

If your mom can walk 1 mile in 14 minutes then 2 miles would take her 28 minutes 3 miles would take her 42 minutes and finally if she walked 4 miles it would take her 56 minutes.

14 + 14 + 14 + 14 = 56

14 x 4 = 56

0.80x= 28 what is x


please help

Answers

Answer: x is nothing.

Step-by-step explanation: The goal is to get x by itself not with the numbers. You just have to solve the equation and whatever you get is equal to X. Example- your problem is 0.80x= 28 which would equal 172 if you're tryna find the solution. X does not matter in your equation and remember x can be any number! I'm not good at explaining so i'm sorry if you have no idea what i'm talking about. I hope this helps!

Your answer is 172.

-Notsonerdy

Casey borrowed $4500 at a 5% interest rate for 4 years.
What was the total interest?
Enter your answer in the box.
Hint: Use the formula I=P*R*T where
I= Interest Earned/Owed
P= Principal
R= Rate
T= Time
PLEASE HURRYYYY!

Answers

I = P x R x T

I = $4500 x 5% x 4

5% = .5

4500 x .5 x 4 = 9,000

I think this should be correct .

Need help with this question pre collegee

Answers

Answer:

Step-by-step explanation:

the domain is (-∞,∞)

Use >,<, or = to solve
the inequality below.
4/5 1/2

Answers

Answer:

4/5 > 1/2

Step-by-step explanation:

4/5 1/2

   \/

4/5 -> 8/10

1/2 -> 5/10

   \/

8/10 > 5/10

   \/

4/5 > 1/2

Have a nice day!

     I hope this is what you are looking for, but if not - comment! I will edit and update my answer accordingly. (ノ^∇^)

- Heather

Answer:

4/5>1/2

Step-by-step explanation:

To get the answer, we first convert each fraction into decimal numbers. We do this by dividing the numerator by the denominator for each fraction as illustrated below:

4/5 = 0.8

1/2 = 0.5

Then, we compare the two decimal numbers to get the answer.

0.8 is greater than 0.5.

Therefore, 4/5 is greater than 1/2

Multiply. −2(−5)(−3)

Answers

Answer: -30

Step-by-step explanation:

-2 X -5 = 10

10 X -3 = -30

Therefore, -2(-5)(-3) = -30

The multiplication of −2(−5)(−3) is -30

The multiplication of numbers in brackets with negative signs takes a method whereby the signs are taken into account when performing the arithmetic operation.

From the given question, we are to multiply:

= - 2 × (-5) × (-3)

= +10 × (-3)

= -30

Learn more about the multiplication of numbers here:

https://brainly.com/question/1755985

Maya solved 1/4 of a crossword puzzle before dinner and a part of it after dinner. If Maya solved 3/4 of the crossword in all, what fraction of the puzzle did she solve after dinner?
Choose the equation that matches the word problem.

Answers

Answer:2/4

Step-by-step explanation: you would just subtract 3/4 by 1/4 to get 2/4

Based on the data given in the frequency table below, does a greater percent of eleventh
or twelfth graders surveyed like tennis? Use conditional relative frequencies to support
your answer.
Like Tennis
Grade
Yes
No
Total
Eleventh
45
50
95
Twelfth
62
28
90
Total
107
78
185
Rounded to the nearest thousandth, the conditional relative frequency that an eleventh
grader likes tennis is
Rounded to the nearest thousandth, the conditional relative frequency that a twelfth
grader likes tennis is
Since
% is less than %, a greater percent of (select)
like tennis.

Answers

Answer: the answers vary since mine and urs are different, so these are my answers: 0.48, 0.63, 48, 63, twelth graders. youll have too think about it a lil bit, sry

Mark brainliest pls and also look at picture if u don't understand

Step-by-step explanation:

Yw :) :D

Stop looking up answers on brainly

Find the GCF and LCM for 16 and 24.

Answers

Greatest Common Factors (GCF) of 16 and 24 = 8

Least Common Multiple of 16 and 24 = 48

GCF means Greatest Common Factors

Factors of 16 = 1, 2, 8, 4, and 16

Factors of 24 = 1, 2, 3, 4, 6, 8, 12, and 24

Common Factors of 16 and 24 = 1, 2, 4, and 8

Greatest Common Factors (GCF) of 16 and 24 = 8

LCM means Least Common Multiples

Multiples of 16 = 16, 32,48, 54.....

Multiples of 24 = 24, 48, 72....

The Least Common Multiple of 16 and 24 = 48

Learn more on GCF and LCM here: https://brainly.com/question/219464

The segments shown below could form a triangle.
A. True
B. False

Answers

False

When completing something like this, the Phythagoream Therom comes into focus. It states that:

A^2 + B^2 = C^2

According to my calculations, A^2 + B^2 = 130 whereas C^2 is 320. This is incorrect and therefore is false.

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