Ella is Bono motorcycle and he’s taking out a loan in the amount of $15,000 her choice is for the loan or a 36 month loan at 6.50% annual simple interest and 48 month loan at 7.50 annual simple interest what is the difference in the amount of interest Ella would have to pay for these two loans

Answers

Answer 1

Answer:

Step-by-step explanation:

Step-by-step explanation:

The formula for simple interest is expressed as

I = PRT/100

Where

P represents the principal

R represents interest rate

T represents time in years

I = interest after t years

Considering the 36-month loan,

T = 36 months = 36/12 = 3 years

P = $15000

R = 6.5%

Therefore

I = (15000 × 6.5 × 3)/100

I = 292500/100

I = $2925

Considering the 48-month loan loan,

T = 48 months = 48/12 = 4 years

P = $15000

R = 7.5%

Therefore

I = (15000 × 7.5 × 4)/100

I = 450000/100

I = $4500

The difference in the amount of interest Ella would have to pay for these two loans is

4500 - 2925 = $1575


Related Questions

the target temperature for a laboratory is 71° f. it can vary by up to 3°. if t is the temperature in the laboratory, which of the following inequalities represents this situation?​

Answers

Answer:

|t-71| < 3

Step-by-step explanation:

The  inequalities represents this situation is | t - 71 | < 3 .

What is inequality?

An inequality is a relation which makes a non-equal comparison between two numbers or other mathematical expressions. It is used most often to compare two numbers on the number line by their size

According to the question

The target temperature for a laboratory = 71° f.

it can vary by up to 3°. (highest limit)

the temperature in the laboratory represented by t

Now,

inequalities represents this situation is

| t - 71 | < 3

Hence, the  inequalities represents this situation is | t - 71 | < 3

To know more about inequalities  here:

https://brainly.com/question/20383699

#SPJ2

Help due in 30 min!!!!!!!!!!!!!!!

Answers

Answer: -1/4

Explanation:

m = (y1 - y)/(x1 - x)
m = (4-3)/(3-7)
m = 1/-4 = -1/4

Answer:

b. - 1/4

Step-by-step explanation:

Start at the point highest on the line(3,4). Subtract the x value of the second point, from the x value of the first point.(3-7) Then do the same with the y values.(4-3) This gives you x=-4and y= 1. Slope= y/x, so you get -1/4

The distance in feet that Karina swims in a race is represented by 5d -5, where d is the distance for eac
What is an expression equivalent to 5d -5?
Choose the correct answer below.
A. 5d - 5 = 5(-5)
B. 5d -5 = -5 + 5d
C. 5d - 5 = 5-5d
D. 5d - 5 = -5(d+5)

Answers

Answer:

C. 5d - 5 = 5-5d

Step-by-step explanation:

The answer is B. 5b-5 = -5+5b

Explain what method is used to solve problems involving scale drawings.
A. Use a proportion
B. Make an educated guess
C. Get a ruler or tape measure and measure the distance
D. Make a drawing on paper

Answers

The answer would be A. Use a proportion

Which one is a better deal? Deal 1: $7.65 for 9 iTunes songs Deal 2: $6.93 for 7 iTunes songs

Answers

Umm I think the deal 7 sure it’s more money but I think it better or just get Apple Music

Answer:

yeah I would say deal #1 is better

Help Fast Please!!!!!!!!

Answers

Answer:

answer is -8.4 if you add 3.6 and two it's 5.6 times 1.5 it will be -8.4

Answer:

2.4

Step-by-step explanation:

It should be 2.4 based on what I see here.  Distribute -1.5 into -3.6 + 2 to get 5.4 - 3.  You should get 2.4 as your answer in which it is the second option, the picture needs to be in standing position next time because it is upside down though but it can be flipped either way.

what is the equation

Answers

ExplanationPoint-Slope Form

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

[tex]y_1 = y - coordinate \: \: point \\ x_1 = x - coordinate \: \: point[/tex]

From the given equation.

[tex]y + 8 = 4(x - 5)[/tex]

[tex]y - ( - 8) = 4(x - ( + 5))[/tex]

Answer

[tex] \large \boxed{( - 8,5)}[/tex]

please help me asap!!!!

Answers

Answer:

[tex]\displaystyle 31[/tex]

Step-by-step explanation:

Angles Y and X form a linear pair, therefore you use the Linear Pair Theorem to solve for x:

[tex]\displaystyle 180° = [2s - 4]° + [s + 91]° → 180° = [87 + 3s]° → 93 = 3s; 31 = s[/tex]

I am joyous to assist you at any time.

i don't really understand, please help!!

Answers

Step-by-step explanation:

the proof is given above

Step-by-step explanation:

In Triangle ICU,

Angle 2 = 180° - Angle 1 (Angles on a straight line)

CR = CU - RU

In Triangle ISR,

Angle 3 = 180° - Angle 4(Angles on a straight line)

SU = RS - RU

Angle 1 = Angle 4

Therefore, Angle 2 is equal to Angle 3

CU = RS

Therefore, CR is equal to SU

Triangle ICR and Triangle ISU

IC = IS

Angle 2 = Angle 3

CR = SU

Therefore, Triangle ICR and Triangle ISU are congruent (SAS congruency).

As the two triangles are congruent, Angle CIR = Angle SIU

A 300 room hotel can rent every one of its rooms at $80 per room. For every $1 increase in rent, 3 fewer rooms are rented.
How much should the hotel charge for each room to maximize its daily revenue? What is the maximum daily revenue?

Answers

Answer:

The hotel charge for each room to maximize its daily revenue and the maximum daily revenue is explained below in details.

Step-by-step explanation:

So for every $1 hike in price, the number of rooms goes underneath by 1.

So the earnings can be displayed by R(x) = (300-x)(80+x)

From that, you require to subtract 22(300-x) since it takes $22 per occupied room.

AND there is a framed cost of $1000 per day.

So your profit function is P(x) = (300-x)(80+x) - 22(300-x) - 1000

Simplified, this is P(x) = -x2 +242x + 16400.

P'(x) = -2x + 242  Set it = to 0

x = 121 which displayed the number of unoccupied rooms.

P(121) = -14641 + 29282 + 16400 = $31041

You can verify by computing P(120) and P(122) which both even $31040.

Hope this helps.

Choose the expression equivalent to 3(x + 10)?

Answers

Answer:

3x+30

Step-by-step explanation:

How many questions are in math map 7th grade

Answers

Answer:

It really depends how well you are doing. It varies from time to time. Mine was about 40-50 questions

Working as a waiter, Michael earns $7 an
hour plus tips. Last night he received $35 in tips and earned a total of $84. How
many hours did he work?

Answers

micheal worked 7 hours

Answer:

7Hrs because 84-35=49

49/7=7

Sally goes to the store and buys a camera for $65. The store is
running a discount of 10%. What is the price of the camera after the
discount?

Answers

$58.50 hope it helps

Answer:

58.50

Step-by-step explanation:

Estimate: 24.47 ÷ 12.13

Answers

Answer:

1.9894308943 this is the answwr

Answer:

i'm 99% sure its 2

Step-by-step explanation:

My estimated answer is two. Here’s how I found the answer. First, I rounded to the nearest whole number. When my problem became twenty-four divided by twelve, I realized I could divide that in my head! And I did.

Simplify this expression.
6x + 3 – 4x + 2y + 7

Answers

Answer:

2x + 10 + 2y

Step-by-step explanation:

6x + 3 – 4x + 2y + 7

(6x - 4x) = 2x

2x + 3 +2y + 7

(3 + 7) = 10

Answer: 2x + 10 + 2y

is 369/100 greater than 849/100

Answers

9514 1404 393

Answer:

  no

Step-by-step explanation:

When fractions have the same denominator, you can compare the numerators.

  369 < 849

369/100 is not greater than 849/100

__

Here, you can convert these to decimal numbers and do the comparison in the usual way:

  3.69 < 8.49

The most-significant digits are in the same number place (units), and they are different. The number with the smaller most-significant digit is smaller.

Answer:

no

Step-by-step explanation:

369/100=3.69

849/100=8.49

3.69<8.49

What is the equation of a parallel line to y = -5x + 2 that passes through the point (-1, 4)?

Answers

Answer:

The equation of the Parallel line passes through the point (-1,4) is

y = -5 x -1

Step-by-step explanation:

Explanation:-

Given the equation of the line y = -5 x + 2

Given point (-1 , 4 )

The equation of the parallel line of a given line is 5x + y +k=0 ...(i)

The equation (i) passes through the point (-1,4)

                 5(-1)+4+k=0

                -5 +4 +k =0

                    -1 + k = 0

                         k = 1

The equation of the Parallel line passes through the point (-1,4) is

   y = -5 x -1

A television is on sale for 20% off. If the sale price is $399, what was the original price? 

A. $319.20
B.$1,995
C. $498.75
D. $379.00​

Answers

Answer:

[tex]\$498.75[/tex]

Step-by-step explanation:

Let [tex]x[/tex] be the original price of the item. We can set up the following equation:

[tex]x\cdot (1-0.2)=399[/tex].

Solving for [tex]x[/tex], we get:

[tex]x\cdot 0.8=399,\\x=\frac{399}{0.8},\\x=\fbox{$\$498.75$}[/tex].

29) Which equation describes this graph?

graph that contains the points (-2,0) and (8,-10)

A. y=−2x−2
B. y=2+x
C. y=−x
D. y=−2−x

Answers

The answer would be A

ABC is similar to XYZ. Find the unknown measures.

Answers

Answer:

c=64.2

Step-by-step explanation:

PLZ HELP ASAP! WILL GIVE 30 POINTS AND BRAINLIEST! which sequence of transformations will generate the same image as translating a figure 8 units to the left?
a) a reflection over the line x= -1 followed by a reflection over the line x= -9.
b) a reflection over the line x= -3 followed by a reflection over the line x= -5.
c) a reflection over the line x= -7 followed by a reflection over the line x= -3.
d) a reflection over the line x= -9 followed by a reflection over the line x= -13.

Answers

I think it would be C

find the quotient

18 ÷ 3/10​

Answers

The correct answer is 0.6

Answer: 18 ÷ 3/10 = 60/ 1  = 60

Find the slope and y-intercept.

Answers

Answer:

slope is four and the y-intercept is 1/5

Slope is the number before the x so it’s 1/5
And the Y intercept is the one that is after it which in this case is a positive 4

Please help me if u know

Answers

Answers

x= -3/2

x= 3i

x= -3i

Step-by-step explanation:

f (x) = 2x3 + 3x2 + 18x + 27

Set 2x^3 + 3x^2 + 18x + 27 equal to 0.

2x^3 + 3x^2 + 18x + 27 = 0

Solve for x.

Factor the left side of the equation.

Factor out the greatest common factor from each group.

x^2 (2x + 3) + 9 (2x + 3) = 0

Factor the polynomial by factoring out the greatest common factor, 2x + 3. (2x + 3) (x^2 + 9) = 0

If any individual factor on the left side of the equation is equal to 0, the entire expression will be equal to 0.

2x + 3 = 0

x^2 + 9 = 0

Set 2x + 3 equal to 0 and solve for x.

Set 2x + 3 equal to 0. 2x + 3 = 0

Solve 2x + 3 = 0 for x. Tap for more steps...  

3 x = − 2

 

Set x2 + 9 equal to 0 and solve for x.

Set x2 + 9 equal to 0. x2 + 9 = 0

Solve x2 + 9 = 0 for x.

x = 3i, −3i

The final solution is all the values that make (2x + 3) (x2 + 9) = 0 true.

x = − 3/2 , 3i, −3i

The school show choir is holding a car wash to raise $350 for
new costumes. After spending $30 on supplies, the students will
wash cars for donations of $6 each.
This situation can be modelled by the inequality 6C + 30 > 350,
which has the solution c> 53.33. What is the best way to
interpret this solution?
A. Show choir needs $53.33 to meet their goal.
B. Show choir should have spent another $53.33 on supplies.
C. At least 54 show choir students must participate in the car
wash.
D. Show choir needs to wash at least 54 cars.

Answers

Answer:

D.

Step-by-step explanation:

It’s the only option that makes sense. Option A. Is invalid because they need to make $350. Option B. Is just purely invalid and has no context to support the theory. C. Is possible, but we can have students wash more than one car, so we don’t need fifty four kids.

D. Is your answer.

Hope this helped!!

LunarRose3

Write 45% as a decimal.

Answers

Answer:

0.45

Step-by-step explanation:

Because you have to write 45% has money so 45.00 divide by 100 = 0.45 hope this is right and helpful. Can you mark me brainliest

HURRY PLEASE....... Jessica always uses the same ratio of green beads to blue beads when she makes necklaces. The graph shows these equivalent ratios. Which table shows the same data?

Answers

Answer:b

Step-by-step explanation:

two beads for every 3

What is the slope of the line whose equation is
2y = 5x + 4?
1) 5 2) 2 3) 5/2 4) 2/5

Answers

Answer:

3) 5/2

Step-by-step explanation:

2y = 5x + 4

y = 5/2x + 2

slope = 5/2

(y = mx + b, m being slope, b being y intercept)

Compare 0.55 ____ 0.525 using , or =

Answers

Answer:

0.55 > 0.525

Step-by-step explanation:

Answer:

Step-by-step explanation:

0.55=0.550

0.550>0.525

so 0.55>0.525

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