Calculate the simple interest and maturity value

Calculate The Simple Interest And Maturity Value

Answers

Answer 1

The simple interest is $420 and the maturity value is $$6,720

How to find the simple interest?

Using this formula to find the simple interest

Simple interest = Principal  × Interest rate × Time

Where:

Principal = $6300

Interest rate =4% or 0.04

Time = 20 month = 20/12 = 1.6666666

Let plug in the formula

Simple interest = $6,300 × 0.04 × 1.6666666

Simple interest = $420

Using this formula to find the maturity value

Maturity value = Principal + Interest

Maturity value = $6,300 + $420

Maturity value = $6,720

Therefore the interest is $420.

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Related Questions

help please need this rn

Answers

The equation of the vertical asymptote for the graph of the rational number g(x) = 6/x-1 is x - 1 = 0 or x = 1.

Given function:

g(x) = 6/x-1

vertical asymptote for any function is denominator is equal to zero.

x - 1 = 0

x = 1.

Therefore the equation of the vertical asymptote for the graph of the rational number g(x) = 6/x-1 is x - 1 = 0 or x = 1.

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rearrange the perimeter forumula for a rectangle to find the width.
P=2w+ 2l

Answers

The width of the rectangle is given as w = p/2 - l which is derived from perimeter of rectangle

Perimeter of Rectangle

The perimeter of a rectangle is the total distance covered by its boundaries or the sides. Since there are four sides of a rectangle, thus, the perimeter of the rectangle will be the sum of all four sides.

In this question, we simply need to make the width (w) the subject of formula.

The equation given is

p = 2w + 2l

p = perimeter of rectanglew = width l = length

p = 2w + 2l

p = 2(w + l)

p / 2 = w + l

w = p/2 - l

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The quotient is a multiple of 4 the dividend is a multiple of 9 the divisior is a factor of 12 possible solution

Answers

67 is not the answers I know this by

The ratio of 7th grade students to 8th grade students in a soccer league is 7:13, if there are 100 students in all ,how many are in 7th grade ?

Answers

The ratio of the 7th grade is 7 and the ratio of the 8th grade is 13. Total ratio is 7+13 =20.
The fraction of the 7th grade is 7/20
7/20*100=35

So there are 35 students in the 7th grade

Complete the table: (Enter your answers as a whole dollar amount.) Units Unit Cost Dollar Cost Beg. Inventory Jan. 1 10 $ 7.00 A Apr. 11 30 $ 12.00 B May 17 40 $ 13.00 C Dec. 5 20 $ 15.00 D

Answers

The completion of the inventory table is as follows:

A = $70B = $360C = $520D = $300.

What are the inventory methods?

Some of the inventory methods that are used in completing the inventory table are:

FIFO (First-in, First-out) lies on the assumption that the physical flow of goods sold depends on the chronological order of acquisition.

LIFO (Last-in, First-out) assumes that the cost of goods sold should be based on the latest inventory purchases.

The weighted-average method uses the average cost of goods to determine both the ending inventory and the cost of goods sold.

Specification Identification does not rely on any assumptions in allocating the costs of goods sold and ending inventory.

Inventory Table:

                                    Units    Unit Cost    Total Cost

Jan. 1      Beg. Inventory  10       $7.00            $70

Apri. 11    Purchases        30     $12.00          $360

May 17    Purchases        40     $13.00          $520

Dec. 5    Purchases        20    $15.00           $300

Total                              100                        $1,250

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A bag contains 3 gold marbles, 5 silver marbles, and 26 black marbles. Someone offers to play this game: You randomly select one marble from the bag. If it is gold, you win $3. If it is silver, you win $2. If it is black, you lose $1. What is your expected value if you play this game?

Answers

The expected value if you play this game will be -$0.205.

Let the number of gold, silver, and black marbles be P1, P2, and P3, respectively.

Given, The bag contains,

Number of gold marbles (P1)  = 3

Number of silver marbles (P2) = 5

Number of black marbles (P3) = 26

Also given,

The winning value if a gold marble is selected = $3

The winning value if a silver marble is selected = $2

The losing value if a black marble is selected = $1

Probability = Expected value/ Sum of the total number of events

Probability of picking a gold marble,

P1 = 3/ (3+ 5+ 26)

   = 3/34.

Probability of picking a silver marble,

P2 = 5/ (3+ 5+ 26)

   = 5/34.

Probability of picking a black marble,

P3 = 26/ (3+ 5+ 26)

   = 26/34.

The expected value if you play the game will be,

Value = ($3) P1 + ($2) P2 + (-$1) P3

         = ($9/34) + ($10/34) - ($26/34)

         = - ($7/34)

         = -$ 0.205

Thus, you will face a loss of 0.205 cents.

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8x^(3)-27=0

find the roots of x

Answers

Answer:

[tex] \sf Root \: of \: x \: are \: \dfrac{3}{2} \: and \: \dfrac{ - 6 \pm \sqrt{ - 108} }{8} [/tex]

Step-by-step explanation:

[tex] \rm \implies 8 {x}^{3} - 27 = 0 \\ \\ \rm \implies (2 \times 2 \times 2) {x}^{3} - (3 \times 3 \times 3) = 0 \\ \\ \rm \implies {(2x)}^{3} - {3}^{3} = 0 \\ \\ \boxed{ \rm {a}^{3} - {b}^{3} = (a - b)( {a}^{2} + ab + {b}^{2} )} \\ \\ \rm \implies (2x - 3)( {(2x)}^{2} + (2x)(3) + {3}^{2} ) = 0 \\ \\ \rm \implies 2x - 3 = 0 \: and \: 4 {x}^{2} + 6x + 9 = 0 \\ \\ \rm \implies x = \frac{3}{2} \: and \: x = \frac{ - 6 \pm \sqrt{36 - 144} }{8} \\ \\ \rm \implies x = \frac{3}{2} \: and \: x = \frac{ - 6 \pm \sqrt{ - 108} }{8} [/tex]

a car travels at an average speed of 52 miles per hour how long does it take to travel 273 milez

Answers

Answer:

5 hours 15 minutes

Step-by-step explanation:

using the relationship

time = [tex]\frac{distance}{speed}[/tex] = [tex]\frac{273}{52}[/tex] = 5.25 hours = 5 hours 15 minutes

HELP MIDDLE SCHOOL MATH BRAINLIEST 30 POINTS

Answers

Answer:

Step-by-step explanation:

A. -1/3x

B. -x

c.-5/4x

8. The interest on $2,000 for 2 years is $320.
What is the simple interest rate?
$
= $2,000 r.
$
= $
=r
% = r
r

Answers

Answer:

8%

Step-by-step explanation:

Graph the function.
h(x)=x²-5

Answers

Answer: Look at the graph

Step-by-step explanation:

Direction: Opens upVertex: (0,-5)Axis of Symmetry: x = 0Directrix: y= -21/4x: -2 -1 0 1 2y: -1 -4 -5 -4 -1


What pattern do you see?
Gallons
0.1
10
Miles
118

Answers

Step-by-step explanation:

why ? the same pattern your saw yourself, as the handwritten numbers indicate.

it is 1:118.

event on the left is multiplied by 118 to create the numbers on the right.

The odds in favor of an event occurring are given. Compute the probability of the event occurring. (Enter the probability as a fraction.) 8 to 9

Answers

The probability expression when converted from odd's expression is 8/17

How to determine the probability?

From the question, we have the following odd parameters

Odd = 8 to 9

To start with, we need to express the odd as ratio

So, we have the following representation

Odds ratio = 8 : 9

Solving further, we need to express the ratio as fraction

So, we have the following representation

Odds fraction = 8/9

To convert the above odd's expression to probability expression, we make use of the following equation

This is represented as

P = Odds/(Odds + 1)

Substitute the known values in the above equation

So, we have the following equation

P = (8/9)/(8/9 + 1)

Evaluate the sum

This gives

P = (8/9)/(17/9)

Express the quotient as product

P = (8/9) * (9/17)

Evaluate

P = 8/17

Hence, the probability is 8/17

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76 points and brainlist
The length of a bacterial cell is about 3 x 10−6 m, and the length of an amoeba cell is about 4.5 x 10−4 m. How many times smaller is the bacterial cell than the amoeba cell? Write the final answer in scientific notation with the correct number of significant digits.

2 x 102
2 x 103
0.7 x 101
6.67 x 102

Answers

Answer:

d the last one I think

Step-by-step explanation:

I am not really sure

Answer:

D.) 6.67 X 10^2


Find the value of x.
36
x+3
x=?

Answers

Answer:

x = 15

Step-by-step explanation:

A segment joining the midpoints of two sides of a triangle is half the length of the third side , then

x + 3 = [tex]\frac{1}{2}[/tex] × 36 = 18 ( subtract 3 from both sides )

x = 15

I need help with Part 2 only

Answers

What part 2 do you have a picture

Given: ∠2≅∠3 Prove: ∠1 and ∠3 are supplementary

Answers

The proof to the above diagram is ∠1 + ∠3 = 180

What are Supplementary angles?

Supplementary angles are angles whose sum equals 180°

If angle A + angle B = 180°, then both angles are said to be supplementary, meaning angle A is the supplement of Angle B.

∠2 ≅ ∠3. This means ∠2 is approximately equal to ∠3

Also ∠1 + ∠2 = 180°( sum of angles on a straight line)

making ∠2 the subject of the equation

∠2 = 180 - ∠1

But ∠2 ≅ ∠3, which we can say that ∠2 = ∠3

substituting ∠2 for ∠3 in the equation, we have

∠3 = 180 - ∠1

which is further simplified as,

∠1 + ∠3 = 180°

Which  means both angles are also supplementary.

In conclusion,  both angles are supplementary as ∠1 + ∠3 = 180

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Suppose you want to have $600,000 for retirement in 35 years. Your account earns 5% interest. How
much would you need to deposit in the account each month?
Question Help: Video 1 Video 2
Calculator
Submit Question

Answers

To have $600,000 for retirement in 35 years at 5% interest, one would need to deposit $528.13 in the account each month.

What are periodic deposits?

Periodic deposits are monthly cash inflows into a retirement account that accumulates interest by compounding.

To find periodic deposits, we can use an online finance calculator, defining the parameters as follows.

N (# of periods) = 420 months (35 years x 12)

I/Y (Interest per year) = 5%

PV (Present Value) = $0

FV (Future Value) = $600,000

Results:

Monthly Deposits (PMT) = $528.13

Sum of all periodic deposits = $221,814.60

Total Interest = $378,185.40

Thus, monthly deposits of $528.13 can accumulate to $600,000 in 35 years at 5% interest.

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56% of the students at a collage are from in-state. aIf 4,620 students are from instate how many students attend the collage

Answers

A total of 2587 students attended the collage

How to determine the number of students in the college?

From the question, the given parameters are:

Proportion of students = 56% are at the collage Total number of students = 4628

The above parameters implies that

Number of students that attended = 56% x Total number of students

Represent the total number of students with x

So, we have the following representation

Number of students that attended = 56% * x

Where

x = 4620

So, we have

Number of students that attended = 56% x 4620

Evaluate the products

Number of students that attended  = 2587.2

Approximate

Number of students that attended = 2587

Hence, 2587 of the students attended the collage

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What is the equation of the line shown in the graph? Drag and drop the expressions to write the equation of the line in slope-intercept form. Giving Brainlist
y =_+_​

Answers

Answer:

Step-by-step explanation:

the difference of ten times a number and six is fourteen as a equation and solve it

Answers

The equation for the word problem the difference of ten times a number and six is fourteen is (10x-6 = 14) and the value of x is 2.

According to the question,

We have the following information:

The difference of ten times a number and six is fourteen.

Now, let's take the number to be x.

So, we have the following expression:

10x-6 = 14

Now, moving 6 from the left hand side to the right hand side will result in the change of the sign from minus to plus:

10x = 14+6

10x = 20

x = 20/10

x = 2

Hence, the equation for the word problem the difference of ten times a number and six is fourteen is (10x-6 = 14) and the value of x is 2.

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Describe the features of the function that can be easily seen when a quadratic function is given
in the form: y= A(x− ℎ)^2+kand how they can be identified from the equation.

Answers

From the given equation y = A(x-h)² +k it is identified that this quadratic function represents the parabola with vertex (h, k).

As given in the question,

Given equation is :

y = A(x-h)² +k

Standard basic parabola equation is y = x² where parabola pass through (0, 0) .

In the given quadratic function y = A(x-h)² +k , it represent equation of parabola which is U shaped .

Value of A > 0 then it open in upward direction .

Value of A <0 then it is open in downward direction.

Vertex of the given parabola y = A(x-h)² +k  is (h, k).

Line of symmetry is given by vertical line x =h.

Therefore, from the given equation y = A(x-h)² +k it is identified that this quadratic function represents the parabola with vertex (h, k).

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on a standardized exam the scores are normally distributed with a mean of 70 and a standard deviation of 20. find the z of a person who scored 128 on the exam

Answers

The z-score of a person who scored 128 on the exam is equal to 2.9

What is a z-score?

A z-score is also referred to as a z-value or standard score and it can be defined as a measure of the distance between a raw score and the mean, when standard deviation units are used.

Mathematically, the z-score of a given sample score in a normal distribution can be calculated by using this formula:

[tex]z=\frac{x\;-\;u}{\sigma}[/tex]

Where:

x represents the sample score.u represents the mean score.σ represents the standard deviation.

Substituting the given parameters into the formula, we have;

Z-score, z = (128 - 70)/(20)

Z-score, z = 58/20

Z-score, z = 2.9

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To become a member at Anytime Fitness you must pay
an initiation fee of $49.99 when you sign up, $33.99 per
month for the membership.

How many months would you have been with Anytime
Fitness if you paid a total of $321.91 ?

Answers

It would take 8 months of membership for the total money paid of $321.91.

What is an equation?

An equation is an expression that shows the relationship between two or more numbers and variables. A variable can either be dependent or independent. A dependent variable depend on other variable while an independent variable does not depend on other variables.

Let x be the number of months subscribed. Hence,

For Fitness :

Total payment = 33.99 x + 49.99

if you paid a total of $321.91 then the number of months subscribed will be;

321.91  = 33.99 x + 49.99

33.99 x = 321.91  - 49.99

33.99 x = 271.92

x = 271.92/33.99

x = 8

It would take 8 months of membership for the total money paid of $321.91.

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Evaluate the expression when = =− 5 5 , and . 8 3 x y 10. x + y 11. y x − 12. − + 2x y 13. 3x + y

Answers

The numeric value of the expression -b + 8x when b = 5 and x = -6 is given as follows:

-53.

How to find the numeric value of a function or of an expression?

To find the numeric value of a function or of an expression, we replace each instance of the variable/variables in the function or in the expression by the value/values at which we want to find the numeric value.

In this problem, the expression is given as follows:

-b + 8x.

The values at which the numeric value is to be found are:

b = 5, x = -6.

Hence:

The lone instance of b is replaced by 5.The lone instance of x is replaced by -6.

Thus the numeric value of the expression is obtained as follows:

-5 + 8(-6) = -5 - 48 = -53.

Missing Information

The problem is given by the image at the end of the answer.

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find the number that is exactly halfway between 5 and 17

Answers

THE ANSWER IS 11 BECAUSE (5 + 17)/2 = 11
Answer:

Step-by-step explanation: entre 5 et 17 il ya 12 , 12 diviser par 2 est egale a 6 , 6+5=11 donc 11 est LE BON NOMBRE

Match each number on the left with the correct description of the number on the right.

Answers

Answer:a, c and d

Step-by-step explanation:bc i got it right on edge

Determine the next three terms in the following sequence:
-1, 1/2, -1/4, 1/8, __, __, __,….

A. 1/12, 1/24, 1/48
B. 1/16, 1/32, 1/64
C. -1/16, 1/32, -1/64
D. -1/12, 1/24, -1/48

Answers

The next three terms in the sequence are  -1/16, 1/32, -1/64

The correct option is option C)

What is a sequence?

A sequence is an set of values separated by commas Referring to a generalized rule. They have a relation among them. One of the common sequences are arithmetic progression

We are given a sequence of -1, 1/2, -1/4, 1/8,

We have to describe the next three terms of the sequence

If we notice closely the given sequence is an geometric sequence

Hence they have a common factor known as common ratio

in it we divide a term by its previous term

Hence

Ratio= (1/2)/-1

Ratio = -1/2

Now to find the next terms we multiply this with the last term we get

1/8*-1/2= -1/16

Now Hence the next three terms are -1/16, 1/32, -1/64

The correct option is option c)

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algebra please helppp

Answers

Addition of the given polynomial functions (5a³ + 4a² - 3a + 2) and (a³ - 3a² + 3a - 9)​ gives 8a³ + a² - 7

What is polynomial function?

A polynomial function is a function in an equation, such as the quadratic equation or the cubic equation, that only uses non-negative integer powers or only positive integer exponents of a variable.

How to find the addition of the polynomial

Addition of polynomial is achieved term by term

= (5a³ + 4a² - 3a + 2) + (a³ - 3a² + 3a - 9)​

= 5a³ + 3a³+ 4a² - 3a²- 3a + 3a + 2 - 9

= 8a³ + a² - 7

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Lee.com accepted a $70,000, 634% , 120-day note on July 26. Lee discounted the note on October 28 at LB Bank at 6%. What proceeds did Lee receive? (Use Days in a year table) (Round your answer to the nearest cent.)

Answers

On October 28, Lee received proceeds of $71,153.66 from the discounted note.

What is note discounting?

Discounting a note involves receiving immediate cash by selling it to a financial institution at a discount.

The implication of discounting a note is that the receiver gets less than the maturity value.

The maturity value is the face value of the note plus the computed interest.

Face value of the note receivable = $70,000

Interest rate = 6.34%

Note period = 120 days

July 26 - October 28 = 94 days

Maturity value of the note receivable = The Face Value + Interest

= $71,459.07 [$70,000 + ($70,000 x 6.34% x 120/365)]

Bank discount rate = 6%

The discount period from October 28 to Nov 22 = 26 days (120 - 94)

Bank discount = Maturity Value x Discount Rate x Discount Period

= $305.41 ($71,459.07 x 6% x 26/365)

Proceeds = Maturity value - Bank discount

= $71,153.66 ($71,459.07 - $305.41)

Thus, by discounting the note receivable at LB Bank at 6%, Lee received $71,153.66 instead of the $71,459.07 it would have received at maturity.

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