a customer purchases windows for $15,000 using a credit card. If the interest is compounded monthly at a rate of 16% per year, how much interest will be charged at the end of three years?​

Answers

Answer 1

Answer:

≈ $9164.35

Step-by-step explanation:

The future amount A is calculated as

A = P [tex](1+\frac{r}{n}) ^{nt}[/tex]

P is the Principle

r is interest rate

n is number of times per year compounding happens

t is the number of years

Here P = 15000 , r = 16% = 0.16, n = 12 , t = 3

A = 15000 [tex](1+\frac{0.16}{12}) ^{(12(3))}[/tex]

   = 15000 ([tex](1.01333)^{36}[/tex]

   ≈ 24164.35

Interest paid = $24164.35 - $15000 = $9164.35

Answer 2

Answer:

The future amount A is calculated as

A = P (1+\frac{r}{n}) ^{nt}(1+nr)nt

P is the Principle

r is interest rate

n is number of times per year compounding happens

t is the number of years


Related Questions

An airplane descends 2.8 miles to an elevation of 5.85 miles. Find the elevation of the plane before an airplane descends 2.2 miles to an elevation of 5.85 miles. Find the elevation of the plane before its descent.
descent.

Answers

Answer:

8.05 miles

Step-by-step explanation:

If it descended 2.2 miles to 5.85 miles then that means it was at 5.85 + 2.2 miles before its descent.

5.85 + 2.2 = 8.05

Answer:

8.05 miles

Step-by-step explanation:

5.85 + 2.2 = 8.05

5.85 + 2.8 = 8.65 (not the answer, but as an example ;b

What is the area of the drawing of the trophy shown?

Answers

There is no picture to look at

Answer:

What trophy?

Step-by-step explanation:

Theres no picture in the question

Bryan and Jadyn had barbeque potato chips and soda at a football party. Bryan ate 4 oz of chips and drank 1 cup of soda for a total of 600mg of sodium. Jadyn ate 1 oz of chips and drank 4 cups of soda for a total of 300mg of sodium. How much sodium is in 1 oz of chips and how much is in 1 cup of soda?

Answers

Answer:

1 oz of chips has 140 mg of sodium, and 1 cup of soda has 40 mg of sodium.

Step-by-step explanation:

This question is solved by a system of equations.

I am going to say that:

x is the amount of sodium in 1oz of chips.

y is the amount of sodium in 1 cup of soda.

Bryan ate 4 oz of chips and drank 1 cup of soda for a total of 600mg of sodium.

This means that [tex]4x + y = 600[/tex], also [tex]y = 600 - 4x[/tex]

Jadyn ate 1 oz of chips and drank 4 cups of soda for a total of 300mg of sodium.

This means that:

[tex]x + 4y = 300[/tex]

From the first equation, we have that [tex]y = 600 - 4x[/tex]. So

[tex]x + 4(600 - 4x) = 300[/tex]

[tex]x + 2400 - 16x = 300[/tex]

[tex]15x = 2100[/tex]

[tex]x = \frac{2100}{15}[/tex]

[tex]x = 140[/tex]

[tex]y = 600 - 4x = 600 - 4*140 = 40[/tex]

1 oz of chips has 140 mg of sodium, and 1 cup of soda has 40 mg of sodium.

Select How many numbers are 10 units from 0 on the number line?

Answers

Answer:

2 numbers are 10 units from 0

Step-by-step explanation:

2 numbers are 10 units from 0.  If you start from zero and count 10 units  to the right, you should be at a positive number.  But, you can also move 10 units to the left. If you do this, you should be at a negative number that  is ALSO 10 units away from 0, just in a different direction than positive number. both are 10 units from 0.   There always 2 numbers, one 10 units to the right of zero, and one 10 units to the left of zero. Hope this helped!  Tell me if I'm wrong or right.

Answer: 2 numbers

Step-by-step explanation:

I'm assuming you are talking about a normal number line and if so, you can count 10 units up and down.

When you do that, you find -10 and 10 which are two numbers so the answer would be 2 numbers

This is assuming that you are talking about a normal number line

Please tell me if I'm right or wrong and I hope this helps someone!

Ashley selected 5 essays from each student in her class. Each student wrote the same number of essays. Is this sample of the essays written by the class likely to be biased?​

Answers

Answer:heheheheheheheheheh

Step-by-step explanation:

im funny

A 52-in TV measures 52 inches along its diagonal (corner to corner measure). If that TV is 33.6 inches high, how wide is it?

Answers

Step-by-step explanation:

Use Pythagoras' theorem

[tex] {a}^{2} = b {}^{2} + c {}^{2} [/tex]

52² = 33.6² + x²

solve for x

Answer:

1575.04

Step-by-step explanation:

Using Pythagoras theorem,

a^2+b^2=C^2

52^2-33.6^2=1575.04


PLEASE HELP !! ILL GIVE BRAINLIEST !!

Answers

Answer:

its d

Step-by-step explanation:

trust me

Answer:

MNP and ONK

Step-by-step explanation:

Vertical angles are angles which are vertical to each other and are parallel to each other.

Could I please get some help with this? Thank you!

Answers

Answer:

400/797

Step-by-step explanation:

400 ran a red light

397 didn't run a  red light

a little more than half of everybody ran a red light

acually 400 out of 797 ran a red light

Is the graph increasing, decreasing, or constant?
AY
8
2
4
B
8
A. Increasing
B. Constant
C. Decreasing

Answers

Answer:

there's no picture sorry I couldn't help

The answer is Increasing

the least divisor of 78 is?​

Answers

Answer:

Divisors of 78 1,2,3,6,13,26,39,78

Solve for x using
cross multiplication.
2x + 2 = x-4
11
6
x = [?]
Enter

Answers

you would cross multiply meaning 6(2x+2)=11(x-4) Then you distribute 6 so it would be 12x+12=11x-44 then you have to move the constant and the variable so 12x-11x= -44-12 so then the answer would be x = -56

What quadrant does - 225º fall in?

Answers

Answer:

II

Step-by-step explanation:

hope this helps:))))

How many 2/5 cup servings are in 9/5 cups of ice cream? (in simplest fraction form)​

Answers

Answer: 5/2 because 2/5 times 4 is 8/2 plus 1/2 is 9/2

Step-by-step explanation:

What is greater 145 ounces or 9 pounds.

Answers

Answer:

145 ounces

hope this helps

have a good day :)

Step-by-step explanation:

145 ounces is greater

SLOPPY TOPY TOPPY TOPPY

Answers

Answer:

D. 51

Step-by-step explanation:

the highest number- the lowest number

54-3=51

If using the method of completing the square to solve the quadratic equation x^+16x-5=0, which number would have to be added to "complete the square"? Find complete the Square Constant​

Answers

Step-by-step explanation:

can u tell wht is the power of x?

can someone help me please :(

Answers

the diamiter is 125 meters because

What is the slope of (-16, 7) (-1, 17) and the slope of (-11, 15)
, (-11, 6)

Answers

Answer:

2/3 and 9

Step-by-step explanation:

Find the output, y, when the input, x, is 7.
y=__

Answers

Answer:

y=4

Step-by-step explanation:

Read off the graph. The corresponding y-coordinate when the x-coordinate is 7 is 4.

Answer:

4

Step-by-step explanation:

You look for the point on the teal line that has an x-coordinate of 7.

You could also go to the point (7,0), which is on the x-axis, and draw an imaginary vertical line and see which point hits it.

read the information above and answer. i will give brainlest who ever answers this

Answers

Step-by-step explanation:

Your answer is x+9

Mark me brainliest

I need help pls right now

Answers

Answer:

what number

Step-by-step explanation:

what number do you need to know

Find the distance between the lines with equations -2x + 6y - 9 = 0 and y = 1/3x - 2

A. 3.34
B. 3.32
C. 3.33
D. 3.35

Answers

Answer:

I'm not to sure but I went over this and I say it's C

Answer:

sorry its so late, but its b :)

Step-by-step explanation:

Please help will give brainliest

Answers

Answer:

-8

Step-by-step explanation:

If you input x as -2 you get 8=0 so you have to add -8 for it to be true.

Answer:

0

Step-by-step explanation:

We can substitute x for 6 and solve the equation.

Please help me thanks!

Answers

Answer:

3rd Option

[tex] \frac{6}{17} [/tex]

Step-by-step explanation:

Given,

No. of blue marbles = 6

No. of green marbles = 6

No. of red marbles = 5

So,

Total no. of marbles = 6+6+5 = 17

Therefore,

Probability of not getting blue marbles

[tex] = \frac{6}{17} [/tex]

Hence,

3rd option is correct.

WILL GIVE BRAINLIST
What is the equation of the line that passes through the point (1, 3) and is perpendicular to the line 2x+3y=15?

Answers

Answer:

y = 3/2x + 3/2

Step-by-step explanation:

perpendicular to: y = -2/3x + 5

so slope of new line must be 3/2

y = mx + b

3 = 1(3/2) + b

6/2 = 3/2 + b

b = 3/2

help I didn’t know how to type this directly so I attached a photo answer pls

Answers

Answer:

5^6( option c)

Step-by-step explanation:

mark as third option

I dont know what you mean by this question, we don't understand that.

4
Find the area of a hexagon with a radius of 8. Round the answer to the nearest tenths.
Apothem =
Area (Rounded) =

Answers

Apothem- 6.928
Area (rounded)- 166.3

original price $125 discount ? sale price $81.25

Answers

Answer:(125-81.25)/125 = 0.35 = 35%

Step-by-step explanation:

Jeff bought 7 pounds of chocolate
and spent $8.89. How much is one
pound of chocolate?​

Answers

Answer:

1.27

Step-by-step explanation:

Answer:

$1.27

Step-by-step explanation:

Divide the total cost by the number of things you have to get the unit cost. Unit cost is the amount per item

$8.89/7 items = $1.27 per 1 pound of chocolate  

Help I need a real answer plz

Answers

Answer:

y=-3/4x-4

Step-by-step explanation:

To start, you know what m is; it's just the slope, which you said was -3/4. So you can right away fill in the equation for a line somewhat to read:

y=-3/4x+b.

Now, what about b, the y-intercept?

To find b, think about what your (x,y) point means:

(-8,2). When x of the line is -8, y of the line must be 2.

Because you said the line passes through this point, right?

Now, look at our line's equation so far: . b is what we want, the -3/4 is already set and x and y are just two "free variables" sitting there. We can plug anything we want in for x and y here, but we want the equation for the line that specfically passes through the the point (-8,2).

So, why not plug in for x the number -8 and for y the number 2? This will allow us to solve for b for the particular line that passes through the point you gave!.

(-8,2). y=mx+b or 2=-3/4 × -8+b, or solving for b: b=2-(-3/4)(-8). b=-4.

The equation of the line that passes through the point (-8,2) with a slope of -3/4

is

y=-3/4x-4

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