Jayvion took out a simple interest loan to pay for some new furniture. If the loan was for 5 years at 12% and he paid $960 interest, how much money did he borrow?

Answers

Answer 1

Answer:

$544.73

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Algebra I

Simple Interest Rate Formula: [tex]\displaystyle A = P(1 + r)^t[/tex]

A is final amountP is principle amountr is ratet is time

Step-by-step explanation:

Step 1: Define

A = 960

r = 0.12

t = 5

Step 2: Solve for P

Substitute in variables [Simple Interest Rate Formula]:                                [tex]\displaystyle 960 = P(1 + 0.12)^5[/tex][Interest] (Parenthesis) Add:                                                                            [tex]\displaystyle 960 = P(1.12)^5[/tex][Interest] Evaluate exponents:                                                                        [tex]\displaystyle 960 = P(1.76234)[/tex][Interest] [Division Property of Equality] Isolate P:                                        [tex]\displaystyle 544.73 = P[/tex][Interest] Rewrite:                                                                                            [tex]\displaystyle P = 544.73[/tex]

Related Questions

earn 10 points if you simply answer my question please help me asap! thank you

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Answer:

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Step-by-step explanation:

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Answer:

I think false

Step-by-step explanation:

How many 8s are in 888?​

Answers

Answer:

Theres 3, 8 8 8

or 111, 111*8=888.

Two correct answers

Step-by-step explanation:

To know the numbers of times a number is present in a given number
We divide the given number by the smaller number
No . 8s in 888 = 888/8
No . Of 8s in 888 =111
Answer :111

Which set of numbers is the most reasonable to describe the temperature in Alaska during the winter?​

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Step-by-step explanation:

uhhh what set of numbers?

Anybody know how to do lowest terms and can teach me how to get the answer to lowest terms questions?

Answers

Answer:

Step-by-step explanation:

6/9+x=7/10

x=7/10-6/9

when adding fractions both denominators must be equal, we’ll make them 90

x=(7/10)(9/9)-(6/9)(10/10)

x=63/90-60/90

x=3/90, the greatest divisor of 3 and 90 is 3 so divide both the numerator and denominator by 3

x=(3/3)/(90/3)

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Matching Equivalent Expressions
Quick
Check
Match each addition expression on the left with an equivalent expression on the right.
15 + 9
2(3 + 2)
8 + 10
2(5+6)
6 + 4
3(5 + 3)
10 + 12
2(4+5)

Answers

Answer:

15+9 is 3(5+3)

8+10 is 2(4+5)

6+4 is 2(3+2)

10+12 is 2(5+6)

Sean’s mom baked 48 cookies. After Sean and his friends walk through the kitchen, there are 25% of the cookies left. How many cookies are left?

Answers

36 cookies are left

Step-by-step explanation:

to do this problem all you have to do is do the equation 48*0.25 and when you do that you get 12. after that you subtract 12 from 48 to get 36

a, b real numbers and
1 is less than a is less b is less than 4
How many different integer values ​​is the sum of a + b?

Answers

Answer:

1 < a < b < 4

so 'a' could be 2 and 'b' could only be 3

2 + 3 = 5

Step-by-step explanation:

1 +3 (6 - 3n) = -6 - 4n
a) {11}
b) {-9}
c) { infinite solutions}
d) {5}

Answers

Answer:

D

Step-by-step explanation:

1+3(6-3n)= -6-4n

1+18-9n= -6-4n

1+18+6= 9n-4n

25=5n

25/5=n

5=n

What is the percent of increase from 75 to 87?

Answers

Answer:

16 percent

Step-by-step explanation:

75 is the old value and 87 is the new value. In this case we have a positive change (increase) of 16 percent because the new value is greater than the old value.

Please Need this Now
An account earns annual simple interest. Find the balance of
the account.
$2000 at 9% for 6 years

Answers

3080$ hope this helps

I dont know how to do surface area

Answers

Answer: the equation for SU is 2(lb+bh+hl)

Step-by-step explanation: L stands for length B stands for base. H stand for height multiply that by 2

If Danica ran 12 meters in 6 seconds and Colby ran 15 meters in 5 seconds, who was faster?

O Colby
O Same Time
O Danica

Please help me I give Brainiest!!!!!!

Answers

Answer:

colby is faster

Step-by-step explanation:

he ran more meters in less time he is faster



Question 1

A tiling pattern is defined by the pattern rule equation 'n = 6 + 4p`,

where `p is the position number and 'n' is the number of tiles.

How many tiles would there be in position 22?

Answers

Answer:

There would be 94 tiles.

Step-by-step explanation:

The number of tiles is given by the following equation:

[tex]n = 6 + 4p[/tex]

In which p is the current position.

How many tiles would there be in position 22?

This is n when [tex]p = 22[/tex]. So

[tex]n = 6 + 4*22 = 6 + 88 = 94[/tex]

There would be 94 tiles.

The number of titles would there be in the position 22 is 94 titles.

Given that,

A tiling pattern is defined by the pattern rule equation 'n = 6 + 4p.Here p denotes the position number and n denotes the no of titles.

Based on the above information, the calculation is as follows:

n = 6 + 4p

= 6 +  4(22)

= 6 + 88

= 94

Therefore we can conclude that the number of titles would there be in the position 22 is 94 titles.

Learn more: brainly.com/question/13549064

Help it’s due today plz

Answers

I can help you with no.1 it is 40

The frequency table shows the scores from rolling a dice 10 times.

Work out the mean

Answers

Answer: 16/5 or 3.2

Steps:

=> 1× 2 + 2× 2 + 3× 2 + 4× 1 + 5 ×2 + 6 ×1/ 2+2+2+1+2+1

=> 16/5 or 3.2 (answer)

If f(x) = -(5)x , what is f(2)?

Answers

Answer:

-10

Step-by-step explanation:

f(2) = 2 x -5

= -10

The answer is -10

The cost of one large pizza at your favorite pizza place is $15.99. The pizza place offers 21 different toppings. Each additional topping on a large pizza costs $2.75. Write an equation To represent the total cost for a pizza with any number of toppings, then find out what the pizza will cost if you add 7 additional toppings?

Answers

1. 15.99+(2.75x)
2. 15.99+(2.75 * 7)
= 15.99+19.25
=35.24

PLEASE HELP!!!! ILL GIVE YOU 10 POINTS IF YOUR ANSWER IS CORRECT!!!!

How do find the value of "y = x - 4 ; y = -20"?

Answers

Answer:

x=-16

Step-by-step explanation:

y=-20

y=x-4

-20=x-4

x=-16

Y=X-4. -20 = x -4. -20+4 =X. -16 = X

the intersection of parallel lines b and c and transversal line d form several special angle relationships. which pairs of angles and vertical angles?

Answers

Answer:

I think angel 2 and angle 3

and angel 5 and angle 8

are the pairs of vertical angle.

hope it helps.

give the domain and range of f(x).

Answers

the domain is the x values
it goes from 0 to infinity so
domain: [0,infinity)

the range is the y values
it goes from 0 to infinity so
range: [0,infinity)

Which family lives the farthest from Disneyland?
Family A:
Family D
y = 95 - 55
Distance
50
Family B:
40
Family B lives 120 miles from Disneyland
and drives 60 mph.
30
Family
20
Hours
Distance
from
Disneyland
SO
10
0
1.5
0
0.2 0.4 0.6 0.8
112 Time (hours)
Family A
O Family B
O Family C
Family D

Answers

2o hours distance I think

Tim's goal is to practice playing drums for 300 minutes this week. On Sunday he practiced for 127 minutes. On Tuesday he practiced for 38 minutes. How many more minutes does Tim need to practice in order to meet his goal?

Answers

Answer:

135 minutes

Step-by-step explanation:

The total number of minutes Tim needs to practice is 300 minutes.

We subtract the number of minutes he has already finshed:

300 - 127 - 38 = 135 minutes

Answer:

138 minutes

Step-by-step explanation:

so all we have to do is subtract the times he practiced for on sunday and tuesday by 300

300-127-38=138

he still has to practice 138 minutes to reach his goal

Write the equation of a line PERPENDICULAR
to 3x + y = 1 that passes through the point (3,
-1).

Answers

Answer:

im pretty sure its y=1/3x

Step-by-step explanation:

rearrange for y to be subject

its perpendicular so then the gradient will be the negative reciprocal (-1 / -3= 1/3) so thats your new gradient

then when you substitute the (3,-1) into that equation get -1=1 + c so then c is 0  and your whole equation is y=1/3x

Raymond answered 95% of his answers on his English quiz correctly. if he answered 19 questions correctly, how many questions were there on the quiz in total

Answers

Answer:

There were 20 questions

19/20 = 0.95

Hope that helped!

Answer:

20 questions on the quiz

Step-by-step explanation:

Let x = the number  of questions on his quiz

95/100 of x = 19,

95/100x = 19 [multiply both sides by 20]

19x = 380 [divide both sides  by 19]

x = 20 questions  

Landmark buys $300,000 of SRW Company's 8%, 5-year bonds payable, at par value on July 1. Interest payments are

made semiannually on December 31 and June 30. The journal entry Landmark should make to record interest earned at

year-end December 31 is:

Answers

Answer:

Debit Cash $12,000

Credit Interest Revenue $12,000

Step-by-step explanation:

Based on the information given in a situation where Landmark bought $300,000 of SRW Company's which includes 8% bonds payable which means that if the Interest payments are

made semiannually on December 31 as well as on June 30. The journal entry that Landmark should make to record the interest earned at year-end December 31 is:

Debit Cash $12,000

Credit Interest Revenue $12,000

($300,000*8%*6/12)

Write the product as the product of a whole number and a unit fraction for 3 x 2/4, 2x3/5, 4x2/3
Multiply
5x7/10, 4x3/4,3x8/12
Multiply. Write the product as a mixed number
3x1 1/8,2x2 1/5, 8x1 3/5

Answers

3 x 2/4 = 6/4 = 1 2/4 or 1 1/2
2 x 3/5 = 6/5 = 1 1/5
4 x 2/3 = 8/3 = 2 2/3

3 x 1 1/8 = 3 3/8
2 x 2 1/5 = 4 2/5
8 x 1 3/5 = 8 x 8/5 = 64/5 = 12 4/5

Let me know if have any questions. Happy to explain more.

Answer:

15125265

Step-by-step explanation:

[tex](4+\sqrt{-7}) (3+\sqrt{-7})[/tex]

Answers

HMMMMMMMMMM LET ME WORK IT OUT FOR U
The answer is 5+7i√7

At Nolan's Car Rentals, customers will pay $60 to rent a mid-sized car for the first day, plus $5 for each additional day. At Westford Rent-a-Car, the price for a mid-sized car is $50 for the first day and $10 for every additional day beyond that. Find the solution to the system.

Answers

Answer:

2, 70

Step-by-step explanation:

It is given that :

At Nolan's Car rentals, if a customer rents a car, he or she has to pay $60 for the car for the first day and more $ 5 for every additional days.

Therefore this gives the equation :

y = 5x +60 ..........(1)

At Westford car rental, the price of the car for first day is $ 50 and additional $10 for every additional day.

So the equation will be :

y = 10x + 50.......(2)

Solving (1) and (2), we get

 5x + 60 = 10x + 50

⇒ 60 - 50 = 10x - 5x

⇒ 10 =  5x

∴ x = 2

Now putting the value of x = 2 in equation (1), we get

y = 5x +60

y = 5(2) +60

y = 70

Therefore, (x, y) = (2, 70)

A group of high school students are volunteering for Habitat for Humanity during their summer break. They
are putting the finishing touches on a house they built. Working alone, Kendra can paint a certain room in 7
hours. Joe can paint the same room in 6 hours. Write an equation that can be used to find how long it will
take them working together to paint the room. How many hours will it take them to paint the room? If
necessary, round your answer to the nearest tenth.

Answers

In response to the question, we may say that It will take Kendra and Joe expression approximately 3.2 hours to paint the room together.

what is expression ?

An expression in mathematics is a collection of representations, numbers, and conglomerates that mimic a statistical correlation or regularity. A real number, a mutable, or a mix of the two can be used as an expression. Mathematical operators include addition, subtraction, fast spread, division, and exponentiation. Expressions are widely used in arithmetic, mathematics, and shape. They are employed in the depiction of mathematical formulas, the solving of equations, and the simplification of mathematical relationships.

Let's denote the time it takes Kendra to paint the room as "K" and the time it takes Joe to paint the room as "J". We can use the formula:

[tex]1/K + 1/J = 1/T\\1/7 + 1/6 = 1/T\\13/42 = 1/T\\13T = 42\\[/tex]

Therefore, T = 42/13 ≈ 3.2 hours (rounded to the nearest tenth).

It will take Kendra and Joe approximately 3.2 hours to paint the room together.

To know more about expression visit :-

https://brainly.com/question/14083225

#SPJ1

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