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 l=P*R*T where
I= Interest Earned/Owed
P= Principal
R= Rate
T= Time

Answers

Answer 1

Answer:

  $900

Step-by-step explanation:

Put the numbers in the formula and do the arithmetic.

  I = PRT

  I = ($4500)(0.05)(4) = $900

The total interest was $900.

Answer 2

[tex]\large\tt\green{Answer}[/tex]

The total interest was $900

[tex]\large\tt\green{Step-by-step \: explanation}[/tex]

Step 1:

Put the numbers in the formula and do the arithmetic.

I = P × R × TI = $4500 × 5% × 4

Step 2:

Rename 5% into decimal

I = P × R × TI = $4500 × 0.05 × 4

Step 3:

Solve the problem with the full solution.

I = P × R × TI = $4500 × 5% × 4I = $4500 × 0.05 × 4I = $ 900

Therefore, the total interest was $900


Related Questions

Find the difference between the lengths of the longest and shortest sides of a rectangle if its area is 924 square milimetres and its perimeter is 122 milimetres.

Answers

Length =l

Height = h

Area function = l * h = 924

Perimeter function = 2i + 2h = 122

Divide by 2

I + h = 61.

Plug in I or h for the other variable

I * (61 - I) = 924

61i - i^2 = 924

Factor the function

(-I + 28)(I - 33) = 0

l = 33 as l cannot be negative

61 - 33 = 28

h = 28

Difference between h and l is 33-28=5

Find the value of x in the figure below

Answers

Answer:

37

Step-by-step explanation:

Both the x and the 53 add up to 90 so you subtract 53 from 90 and you get 37

What is (are) the x-value(s) that solve the system of equations y = x and y = 2x – 1?

Answers

Answer:

y=1                 x=1

y = 2x – 1

replace y with x

x=2x-1

x-2x =  - 1

-x = -1

x= 1

y=x =1

A $300 bike is marked down to $175. Find the percent markdown to the nearest whole percent.

Answers

Answer:

58

Step-by-step explanation:

58 because you divide 200 by 100 then getting that answer (3) then divide 175 by 3 which equals one percent and you get 58.333 you round it to the nearest whole and u get 58

Which item produces the magnetic field in the electromagnet?
A-paperclips
B- a switch
C-paint brushes
D- a magnet

Answers

Answer:

Its ethier a switch or magnet

Pls look at the picture for question.

Answers

Answer:

-5, -2, 3, 4

They are in the correct order already :)

Step-by-step explanation:

They greater a negative number is the less it becomes and positive numbers are always greater than negative ones.

Good luck :)

Jackie runs and dances for 75 minutes every day.
She dances 25 minutes more than she runs.

What is the greatest amount of time she could spend dancing every day,
given she will take a run.

Answers

Answer:

I think it is 50 because 75-25=50

A group of 90 students plan to go camping over the weekend. At the last minute, some of the students decide not to go. The students who do go separated into four camps, where [tex]\frac{1}{7}[/tex] of the students stay at Hill Camp; [tex]\frac{1}{3}[/tex] of the students stay at Forest Camp; [tex]\frac{1}{4}[/tex] of the students stay at Field Camp; and the remaining students stay at Lake Camp. How many students were at Lake Camp?

Answers

Using fractions, it is found that of the students that went camping, [tex]\mathbf{\frac{23}{84}}[/tex] were at Lake Camp.

The students who went camping are divided according to the following fractions:

[tex]\frac{1}{7}[/tex] stayed at Hill Camp.[tex]\frac{1}{3}[/tex] stayed at Forest Camp.[tex]\frac{1}{4}[/tex] stayed at Field Camp.The remaining x stayed at Lake Camp.

The sum of all these fractions is 100% = 1, hence:

[tex]\frac{1}{7} + \frac{1}{3} + \frac{1}{4} + x = 1[/tex]

[tex]\frac{12 + 28 + 21 + 84x}{84} = 1[/tex]

[tex]84x + 61 = 84[/tex]

[tex]84x = 23[/tex]

[tex]x = \frac{23}{84}[/tex]

Of the students that went camping, [tex]\mathbf{\frac{23}{84}}[/tex] were at Lake Camp.

A similar problem is given at https://brainly.com/question/24372153

a painter has 3 gallons of paint and each will cover 420 ft of wall space. if the total area was 1800 ft what percent of the job could the painter finish with the paint he already has?

Answers

Answer:

23.33333%

Step-by-step explanation:

Which of the number line graphs shows the solution set of |x – 2| > 3?

Answers

Answer:

I have it!

Step-by-step explanation:

If $3000 grows to $3540 after 3 yr, find the simple interest rate

Answers

Answer:

R = 6%

Step-by-step explanation:

We know that

SI = A - P

SI = 3540 - 3000

SI = $540

R = 100 × SI/P × T

R = 100 × 540/3000 × 3

R = 54/9

R = 6%

S O L U T I O N:

Here we've been provided with the information i.e

Amount (A) = 3540

Principal amount (P) = 3000

Time period (T) = 3 years

And we are asked to calculate simple interest rate (R) = ?

The standard formula to calculate is given by,

[tex]:\Rrightarrow\sf{S.I. = A - P}[/tex]

[tex]:\Rrightarrow\sf{S.I. =3540 - 3000}[/tex]

[tex]:\Rrightarrow\sf{S.I. =540}[/tex]

[tex]:\Rrightarrow\sf{R = 100 \times \frac{S.I.}{P} \times t}[/tex]

[tex]:\Rrightarrow\sf{R = 100 \times \frac{540}{3000} \times 3}[/tex]

[tex]:\Rrightarrow\sf{R = \frac{54}{9} }[/tex]

[tex]:\Rrightarrow\sf{R = 6\%}[/tex]

The simple interest is 6%.

There is a line that includes the point (1,6) and has a slope of 4. What is its equation in
slope-intercept form?
Write your answer using integers, proper fractions, and improper fractions in simplest form.

Answers

Answer:

y=4x+2

Step-by-step explanation:

So we start with the slope, which is bad.

But I have an idea

lets write it as

y=4x+? and since x=1 and y=6

6=4+?

Therefore, the y, intercept must be two

Answer:

y=4x+2

Step-by-step explanation:

y-y1=m(x-x1)

y-6=4(x-1)

y=4x-4+6

y=4x+2

Hello hello there help

Answers

Answer:

Step-by-step explanation:

A translation 1 unit left and 2 units down :)

Answer:
1 unit to the left and 2 units down.

If you have a book to read that is 20 pages, and you have read 15% of the book, how many pages as you read?

Answers

Answer:

3

Step-by-step explanation:

20*.15=3

equations 50 - 3x = 110

Answers

Answer:

x = -20

Step-by-step explanation:

50 - 3x = 110

=> -3x = 110 - 50

=> -3x = 60

=> x = -20

Hoped this helped.

Step-by-step explanation:

50 - 3x = 110

3x = 110 - 50

3x = -60

x = -20

look at this digram a. what fraction is shaded b. what percentage is shaded

Plz answer ASAP
I need help

Answers

Answer:

a:6÷9

b:0.666% are the answers

What is the x-value of the vertex of f(x) = -x2 + 9x - 11 ?

Answers

Answer:

I believe it would be 9/2 !

Step-by-step explanation:

A fabric store sells close-out fabrics for $2.14 a yard. A customer buys 8 yards of fabric. How much does the customer pay for the fabric? Show your work.​

Answers

Answer:

$17.12

Step-by-step explanation:

2.14 · 8 = 17.12

please help ill mark brainliest​

Answers

Answer:

x=28

Step-by-step explanation:

What is the height of a cylinder if the radius is 6 cm and volume is 904.78

Answers

Answer:

8 cm

Step-by-step explanation:

h = v/(pi r^2)

h = 904.78/ (3.1415 * 6^2)

Emilio has 8 large bottles of soda and 12 large jugs of water. Emilio wants to set up identical tables and have no drinks left over. What is the greatest number of tables that he can set up?

Answers

Answer:

4

Step-by-step explanation:

Think about the ratio between the current number of large bottles of soda(8) and the current number of jugs of water (12)

By finding the GCF (Greatest Common Factor) of the two numbers, we can conclude that if both numbers were to be divided by the GCF, 4, we would get a 2:3 ratio.

For every 2 bottles of soda, 3 jugs of water will be placed. Keep doing this until we run out of both sources of liquid, in this case, 4 tables where we would use all the bottles of soda and the jugs of water.

Plssss help!!! Asap tyyy.

Answers

Answer:

1):Reaction

2):Action

3):Thought

4): Dialogue

Step-by-step explanation:

Answer:

Mrs. Boggs's generously inspired us to study harder - Reaction Mrs. Boggs agreed to tutor us all before the test - Action I believe that Mrs. Boggs is the most caring teacher I know - Thought "Of course I will tutor you before the test" she said - Dialogue

Step-by-step explanation:

Hoped this helped.

find the missing side of each triangle

Answers

Answer:

where is the triangle

Step-by-step explanation:

I don't no where is the triangle

What are the consecutive numbers that follow the number 686

Answers

Answer:

  687, 688, 689, 690, ...

Step-by-step explanation:

Each in a list of consecutive integers is 1 more than the previous number. Consecutive integers following 686 are ...

  687, 688, 689, 690, ...

Pls help I’ll brainlest and add extra points

Answers

Answer:

slope is -3

y intercept is 6

Step-by-step explanation:

The y intercept is where it crosses the y axis

It crosses the y axis at 6

We need two points to find the slope (0,6) and (2,0)

m = ( y2-y1)/(x2-x1)

   = (0-6)/(2-0)

   = -6/2

   = -3

The slope is -3

A sandwich costs $4.25 and a fruit drink costs $1.85. How much change will you get from a $10 bill?
Follow: Maddie Edits

Answers

Answer:

3.90

Step-by-step explanation:

4.25

+1.85=6.10

10-6.10=3.9

Answer:  $3.90

======================================================

Work Shown:

4.25+1.85 = 6.10

It costs $6.10 to get the sandwich and drink.

If the customer pays with a $10 bill, then they get 10.00 - 6.10 = 3.90 dollars in change.

One way to represent $3.90 is to have:

3 dollar bills = 3 dollars3 quarters = 3*25 = 75 cents1 dime = 10 cents1 nickel = 5 cents

The coins add up in value to 75+10+5 = 90 cents.

Or another option is to have 9 dimes and no other coins. Or perhaps you could have nothing but nickels and you'd need 18 nickels. There are a few ways to determine what coins to use.

which car can travel furthur on one gallon of gas/ green car 18.4 miles on 0.8 gallons or black car 17.4 miles on 0.75 gallons

Answers

Answer:

The black car

Step-by-step explanation:

First, we need to fin the mile to gallon ratio.

To get this we would divide the number of miles by the gallon for each car

Green Car:

18.4/0.8

23 miles per gallon

Black car:

17.4/0.75

23.2 miles per gallon

In conclusion, The black car would travel further on one gallon of gas than the green car would.

Hope this helps!!

Please tell me if I have messed up!!

I enjoy learning from my mistakes:)

What is the solution to -4|-2x + 6|= -24?
O x=0
O x=0 or x = -6
O x= 0 or x = 6
O no solution

Answers

Answer:

x=0 or x=6

Step-by-step explanation:

-4|-2x+6| = -24

|-2x+6| = 6

-2x+6 = 6

-2x = 0

x = 0

-2x+6 = -6

-2x = -12

x = 6

Therefore, x=0 or x=6

Find the sum of the first 11 terms of the geometric sequence shown below.
2, 6, 18, 54, ...

Answers

Answer:

177146

Step-by-step explanation:

2 + 6 + 18 + 54 + 162 + 486 + 1458 + 4374 + 13122 + 39366 + 118098

Can someone help me with this

Answers

Hello! Please mark Brainliest for the explanation!

Answer:

Area: 10 inches

Step-by-step explanation:

As the paper itself states, the area of a triangle would be

1/2bh

Simply plug the given values in!

1/2(5)(4) =

1/2(20)=

10

Have a wonderful day!

Answer:

Area  = 10 units

Skills needed: Triangle Theory, Substitution of Values

Step-by-step explanation:

1) We are given that the formula to finding the area of the triangle is [tex]\frac{1}{2}bh[/tex].... this essentially means that it is:  [tex]\frac{1}{2}[/tex] times base (b) times height (h)

2) We can then use substitution to solve this. IN the diagram shown there, 4 is the base, and the height is 5 (since b = base, and h = height).

Area is [tex]\frac{1}{2} * b * h[/tex] in general (the * means multiplication)

Substitute in the values and it is: [tex]\frac{1}{2} * 4 * 5[/tex]

--> [tex]4*5=20[/tex]

--> [tex]\frac{1}{2} * 4*5 = \frac{1}{2} * 20 = 10[/tex]

1/2 of 20 is ten, so that is how we arrive at that final answer.

Hope you understand, have a great day :)

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