Answer:
Step-by-step explanation:
What Is a Principal Amount?
Principal amount on a loan is the amount borrowed. To better understand, let's look at the story of John. When John bought his first car he didn't have enough money to pay for it in cash, so he had to take out a loan. He borrowed $7,500. According to the terms of the loan, John had to pay it off in five years with an interest rate of 10%. The initial amount that he borrowed, or the $7,500, is called the principal amount of the loan. Keep in mind that the principal amount applies to more than just loans. It can also apply to money that is invested or deposited into an account. For example, if you open a savings account with a $700 deposit, the principal amount is $700.
What About Interest?
Principal amount does not include interest, or a rate paid as a fee for borrowing money. To figure out the amount of interest John paid during the five years, you can use the simple interest formula, which is a formula to calculate interest paid only on the principal amount. This formula is:
or interest equals principal amount times interest rate times amount of time. Using this formula, you will find that the amount of interest on John's $7,500 loan was $3,750. So, at the end of five years, he would end up paying a total of $11,250. This does not include any additional fees that may apply.
Principal Amount Formulas
For John's loan, we were given the principal amount and used it to find the amount of interest. What if we already know the interest rate, amount of interest, and amount of time, but we need to find out the principal amount? We can rearrange the interest formula, I = PRT to calculate the principal amount. The new, rearranged formula would be P = I / (RT), which is principal amount equals interest divided by interest rate times the amount of time.
Let's try this out by finding the principal amount of a loan that has a total interest amount of $18,500 and an annual interest rate of 6.5% over 12 years.
To solve, we input the values into the equation, P = I / (RT). This gives us:
P = $18,500 / (0.065 * 12) = $23,718
The principal amount of the loan is $23,718.
(hope this helps can i plz have brainlist :D hehe)
An eagle is perched in a tree 40 feet above sea level. Directly below the eagle, a pelican is flying 10 feet above sea level. Directly below the birds is a shark, swimming 30 feet below sea level. Draw a picture to help answer the following questions: a) What is the DIFFERENCE in height between the pelican and the shark?
Answer:
40
Step-by-step explanation:
10 + 30 = 40 difference
What is 5n = 185 what’s the n=__?
249 = 3y y=__?
-6w = 354 w=__?
1. n = 37
isolate n by dividing both sides by 5
2. y = 83
isolate y by dividing both sides by 3
3. w = -118
isolate w by dividing both sides by -6
i need help it's due today will give 30 points and brainliest
Answer:
t=5
a=-13
q=-9
z=-6
r=-2
u=9
y=-45
w=-13
s=11
p=-1
Step-by-step explanation:
Answer:
1.t=5
2.a=(-13)
3.-9=q
4.-6=z
5.r=(-2)
6.u=9
7.y=(-45)
8.w=(-13)
9.s=11
10.p=(-1)
hope this helps have a blessed day=)
I need with geometry, I need the blank spaces, anything is appreciated!
Answer:
2: 139
3: 139
4:41
Answer:
Step-by-step explanation:
10) ∠2 + 41 = 180 {Linear pair}
∠2 = 180 - 41
∠2 = 139
11) ∠3 = ∠2 {Vertically opposite angles}
∠3 = 139
12) ∠4 = 41 {Vertically opposite angles}
What is the coefficient of 8b+3.2
Answer:
8
it's the prefix to the variable
Step-by-step explanation:
Answer:
Step-by-step explanation:
8
2.8 -3x =12.1 −6x what's x
A heron is perched in a tree 50 feet above sea level. Directly below the heron, a pelican is flying 17 feet above sea level. Directly below the birds is a trout, swimming 23 feet below sea level. What is the distance between the heights of the pelican and the heron
A.67 feet
B. -67
C. 33
D.-33
Answer:
Its C
Step-by-step explanation:
PLEASE HELP!!!!!!!! Identify the angle of elevation.
Answer:
8
Step-by-step explanation:
Hope it helps you in your learning process.
There are 24 pints of juice in 2 containers, how many pints of juice in 1 container?
Question 1 options:
6
12
2
48
please help me if you can pleasee
Answer:
248/6
Step-by-step explanation:
as if wala po talaga akong alam dyan
-2 (2x - 3) = 26
what is the the value of the x
Answer:
-5
Step-by-step explanation:
Answer:-8
Step-by-step explanation:-2 x 2 = -4, -2 x 3 = -6
-4x - -6, -4 x -8 = 32. 32- -6 = 26
:)
pls I neeeed to ace this test.
Answer:
but
Step-by-step explanation:
moreover is more of a transition that means "also"
furthermore is used as a conclusion
Answer:
But
Step-by-step explanation:
Im pretty sure is the right answer is but it could be while to but is not an option so im a 100% sure is A-But
What number is 16% of 576 in a fraction ?
Answer:
92 4/25Step-by-step explanation:
16% of 576
=16/100 x 576
=2304/25
=92 4/25
m-3/18=11/18 What is m??
Answer:
I think m is a variable
Step-by-step explanation:
because a variable is a letter representing a unknown amount
Step-by-step explanation:
hope this will help you.
What is the equation of the line that passes through (0, -2) and has a slope of 0?
y = -2
y = 2
x = 2
Answer:
y = - 2
Step-by-step explanation:
A line with a slope of 0 is a horizontal line parallel to the x- axis with equation
y = c
where c is the value of the y- coordinates the line passes through.
The line passes through (0, - 2) with y- coordinate - 2 , then
y = - 2 ← equation of line
please help me I will mark your brainiest !!!!!!!!!!!!!!!!!!!!!!!!!!!!
Answer:
The right answer is D, "n" can be any value greater than 2
Step-by-step explanation:
If variable "n" was any value less than or equal to 2, then the inequality would be less than or equal to 16, which isn't valid. So "n" has to be any value greater than 2.
What is the equation of the line that represents the horizontal asymptote of the function f(x)=25,000(1+0.025)^(x)?
Answer:
The answer is below
Step-by-step explanation:
The horizontal asymptote of a function f(x) is gotten by finding the limit as x ⇒ ∞ or x ⇒ -∞. If the limit gives you a finite value, then your asymptote is at that point.
[tex]\lim_{x \to \infty} f(x)=A\\\\or\\\\ \lim_{x \to -\infty} f(x)=A\\\\where\ A\ is\ a\ finite\ value.\\\\Given\ that \ f(x) =25000(1+0.025)^x\\\\ \lim_{x \to \infty} f(x)= \lim_{x \to \infty} [25000(1+0.025)^x]= \lim_{x \to \infty} [25000(1.025)^x]\\=25000 \lim_{x \to \infty} [(1.025)^x]=25000(\infty)=\infty\\\\ \lim_{x \to -\infty} f(x)= \lim_{x \to -\infty} [25000(1+0.025)^x]= \lim_{x \to -\infty} [25000(1.025)^x]\\=25000 \lim_{x \to -\infty} [(1.025)^x]=25000(0)=0\\\\[/tex]
[tex]Since\ \lim_{x \to -\infty} f(x)=0\ is\ a\ finite\ value,hence:\\\\Hence\ the\ horizontal\ asymtotes\ is\ at\ y=0[/tex]
PLEASE HELP!!! I need an urgent answer and I'll give brainiest just please answer this easy question!
do like show in pic
hope it helps you
A dog named Zula set a record by popping 100 balloons in 44.49 seconds. Which shows the expanded form of 44.49?
Answer:
40+4+0.4+0.09
Step-by-step explanation:
PLEASE HELP! WILL MARK BRAINLIEST IF U ANSWER CORRECTLY! IF WRONG U WONT GET IT
Answer:
1120 super easy
Step-by-step explanation:
8x10=80
80x14=1120
z > 34. Which of the following statements is the best way to describe the value of z?
A. The value of z is less than 34.
B. The value of z is more than 34.
C. The value of z has a maximum of 34.
D. The value of z has a minimum of 34.
Answer:
B
Step-by-step explanation:
The open end is always going to be by the larger number.
Answer:
B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.B.
HAHAHA
Step-by-step explanation:
There were 24 people invited to a pizza party. One-fourth of the people wanted sausage and olives. Three-fourths
wanted plain cheese. How many plain pizzas should Sam order?
18,16,14?
Answer:
the number of plain pizza does sam order is 18
Step-by-step explanation:
The computation of the number of plain pizza does sam order is shown below:
= Total people invited to a pizza party × plain cheese
= 24 × 3 ÷ 4
= 18
Hence, the number of plain pizza does sam order is 18
What is the square root of 7.29 ?
Answer:
2.7
Step-by-step explanation:
Answer:
2.7
Step-by-step explanation:
Select the equation of the line of symmetry shown at the graph.
Answer choices:
X=3
Y=3
X=4
X=2
Find the value of 200 + 9 + 0.3 +0.001.
Answer:
209.301
Step-by-step explanation:
Which graph represents a proportional relationship?
A) A
B) B
C) C
D) D
Answer:
Step-by-step explanation:
I think it’s B
Answer:
its b
Step-by-step explanation:
took the test on usa test prep
Un escalador sube 225m de altura. El asenso lo hizo en 3 etapas. En la primera subio un quinto en la, en la tercera un cuarto. ¿cuanto hizo en la segunda?
Answer:
Segunda etapa= 123.75 metros
Step-by-step explanation:
Altura total= 225 metros
En la primera estapa subió el 20% (un quinto):
Primera etapa= 225*0.2= 45 metros
En la tercera etapa subió 25% (un cuarto):
Tercera etapa= 225*0.250 56.25 metros
Ahora debemos determinar cuánto subió en la segunda etapa:
Segunda etapa= altura total - total subido
Segunda etapa= 225 - (45 + 56.25)
Segunda etapa= 123.75 metros
Will mark BRAINLIEST!!
What is - 1 1/15 + (- 3/5) =
Which of the following ordered pairs is a solution to the equation 4x+4y=4? Select all that apply.
Answer:
okay, the answers are: (-9, 10), (-4, 5), and (-13, 14)
Step-by-step explanation:
hope this helps
The baker can make 28 cakes in 7 days.how many cakes can the baker make in 5 days
Answer:
20 cakes in 5 days...........
Answer:
The Baker can bake 20 cakes in five days.
Step-by-step explanation:
Firstly you divide 28 by seven to find how many cakes he baked in one day.The answer is 4.
Secondly to find how much he baked in 5 days u simply multiply 5×4=20
I hope this helps:)
