Mr. Kim paid $360 in interest in one year for his $4,000 car loan. Using the formula for simple interest, what was the rate of interest? ​

Answers

Answer 1

Answer:

The rate of interest is 9%.

Step-by-step explanation:

Given that the formula for simple interest is I = (P×R×T)/100 where I represents interest, P is principle, R is rate interest and T is number of years. So you have to substitute the values into the formula :

[tex]i = \frac{prt}{100} [/tex]

[tex]let \: i = 360,p = 4000,t = 1[/tex]

[tex]360 = \frac{4000 \times r \times 1}{100} [/tex]

[tex]36000 = 4000r[/tex]

[tex] \frac{36000}{4000} = r[/tex]

[tex]r = 9[/tex]


Related Questions

There are a total of 32 pieces in a chess set, and 16 of them are pawns. What percent of the chess pieces are pawns?

Answers

Answer:

50%

Step-by-step explanation:

Answer:

50%

Step-by-step explanation:

32 Divided by 2 equals 16

it cost 13.80 for 5 tickets how much would it cost for 3 tickets

Answers

Answer:

$8.28

Step-by-step explanation:

So, first we must find the price per ticket so we do

13.80/5 = 2.76

So the $2.76 per ticket

So now all we do to find the price of three tickets we times the price per ticket by 3

2.76 x 3 = $8.28

Calculate the average speed of a train that
completed a 525 km trip in 4.7 h. Round
your answer to the nearest whole number.

Answers

Answer:

4

Step-by-step explanation:

A coin is tossed four times what are the odds against the coin showing heads all four times

Answers

Answer:

Step-by-step explanation:

The odds for 4 heads = (1/2)^4 = 1/16..

So the odds against is 1 - 1/16 = 15/16.

The odd against the coin showing heads all four times if, A coin is tossed four times is 15 / 16.

What is probability?

The ratio of good outcomes to all possible outcomes of an event is known as probability. A lot of successful results for an experimental with 'n' results can be represented by the symbol x.

Given:

A coin is tossed four times,

Total outcomes = (head or tail) × 4 =  2 × 4 = 16

Total favorable outcomes = head = 1,

Calculate the probability of the coin showing a head all four times as shown below,

Probability = Total favorable outcomes / Total outcomes

Probability = 1 / 16

Calculate the odd against the coin showing heads all four times as shown below,

The odd against the coin showing heads all four times = 1 - The probability of the coin showing a head all four times

The odd against the coin showing heads all four times = 1 - 1 / 16

The odd against the coin showing heads all four times = 15 / 16.

To know more about probability:

https://brainly.com/question/743546

#SPJ2

If you bake 3/4 of a cake in 5/6 of an hour, how long does it take to bake 18 cakes

Answers

Answer: 15

Step-by-step explanation: 5/6 times 18 = 15 hours

I think that it would be 20 hours

Rewrite the radicand as a two factors, One of which is a perfect cube.

Answers

Answer:

A

Step-by-step explanation:

I got y’all give me he right Awnser and I got brainlest and points !!

Answers

Answer:

it's option 3, 1/10. Hope this helps

2. For the equation –3x + 2 = 8 and the inequality
- 3x + 2 > 8, which x-values indicated below are
solutions of the equation and which are solutions
of the inequality?
A. -3
В. -2
C. -1
D. 0

Answers

Answer: The answer would be B -2

Step-by-step explanation:It is B because if you put -1 in the equation then that would mean -3 * -2 would be 6 and then you would add 2 which would mean that 6 + 2 would give you the answer of 8 so therefore your answer is B. -2

The equation of the line that passes through (5, 15) and (2, 6) is y =3x.


True

False

Answers

Answer:

true

Step-by-step explanation:

the slope is 3

so the equation would be

y=3x

hope this helps :3

if it did pls mark brainliest

Type the correct answer in the box. Use numerals instead of words. If necessary, use / for the fraction bar.
Use digits to write the value of the 9 in this number.

139,648

Answers

Answer:

Hi the answer would be 9,000 or nine thousand

Step-by-step explanation:

Hope this helps <3

Carbon is found in ALL of these materials seashells, wood, plants, and water.
Group of answer choices

True

False

Answers

Answer:

True because Plants need Carbon Air to grow. Seashells are made of tiny carbon atoms, Wood is 50% carbon and water is H20 known as Hydrogen and Oxygen. Water DOES have some Carbon in it! It gets the Carbon Dioxide from the rain!

HELP!!!
Select the correct answer.

Which equation describes the line graphed above?

A. y = 3/2x - 6

B. y = 2/3x - 6

C. y = 3/2x + 4

D. y = 2/3x + 4

Answers

The correct answer is C: y=3/2x+4
Hope that helps
the answer is c hope this helps

I need help ASAP I don’t get it

Answers

Answer:

The Sitting fee is 10

HELP PLZ AND THANK YOU!:)

Answers

the answer will be 30ft

The security guard at a movie theater observed that approximately 18% of the
600 cars in the parking lot are from out of state. Which is the best estimate for the
number of cars in the parking lot that are from out of state?
A. 400
C. 200
B. 120
D. 12

Answers

Answer:

120

Step-by-step explanation:

18/100 x 600 = 108

estimate = round 18 to 20

20/100 x 600 = 120

u have already gotten the answer but if you ever need math answers and or explanations asap use the app mathaway:) its v helpful

pls help meeeeeeeeeeee ​

Answers

the answer you are looking for is C

Answer:

C.

Step-by-step explanation:

It's hard to explain, but trust me :)

5 is subtracted by 4 times a number. 4 times a number is 4x, because x is the unknown number. That would be 4x-5

Then, it says that 4x-5 is greater than 8 times a number. Again, 8 times a number is 8x because x is the unknown number.

And remember, > is greater than, and < is less than.

Hopefully you understand this problem for another time.

3(y+1) for y=2
A. 6
B. 9
C. 7
D. 8

Answers

Answer:

B

Step-by-step explanation:

3(2+1)

3(3)

9

that how i solved it

3 ( y + 1 )
3 ( 2 + 1 )
3 ( 3 )
9

the answer is b.

pfvr alguem me ajuda !!!

Answers

Answer:

...i cant see the pic

Step-by-step explanation:

A donor gives $100,000 to a university, and specifies that it is to be used to give annual scholarships for the next 20 years. If the university can earn 4% interest, how much can they give in scholarships each year?

Answers

9514 1404 393

Answer:

  $7,358

Step-by-step explanation:

Assuming the interest is compounded annually, the amortization formula is useful here.

  A = Pr/(1 -(1+r)^-t)

A is the annual scholarship, P is the principal invested at rate r for t years.

  A = $100,000(0.04)/(1 -1.04^-20) = $7,358.18

The university could give $7,358 in scholarships each year.

PLEASE HELP ME
Describe the graph of the function
[tex]f{x} = x {}^{3} - 18 {}^{2} + 107x - 210[/tex]
Include the y-intercept, x-intercepts, and the shape of the graph. ​

Answers

Answer:

x-intercept= (4.265,0)

y-intercept= (0,-534)

Step-by-step explanation:

The line to the right goes through the point (6, y). If the angle the graph makes with the x-axis is 22°, what is
the y-coordinate of the point to the nearest hundredth?

Answers

Answer:

The y-coordinate of the point is approximately 2.42.

Step-by-step explanation:

From the figure attached below the statement we derive the following equation to calculate the y-coordinate ([tex]y[/tex]), dimensionless, of the point in terms of the x-coordinate ([tex]x[/tex]), dimensionless, and angle of the line ([tex]\theta[/tex]), measured in sexagesimal degrees:

[tex]y = x\cdot \tan \theta[/tex] (1)

If we know that [tex]x = 6[/tex] and [tex]\theta = 22^{\circ}[/tex], then the y-coordinate of the point is:

[tex]y = 6\cdot \tan 22^{\circ}[/tex]

[tex]y\approx 2.42[/tex]

The y-coordinate of the point is approximately 2.42.

(02.01)A class has 9 boys and 15 girls. What is the ratio in simplest form that compares number of boys to total number of students? A 3:5 B 3:8 C 9:15 D 9:24

Answers

Answer:

A

Step-by-step explanation:

9/15 simplifies to 3/5, and : and / are the same, so the answer be 3:5, or A

The problem is in the picture

Answers

Answer

r=10

Step-by-step explanation:

I will give brainliest :)

1. Which is the solution of -6a > -36

• a 26
• a > -6
• as -6
• as 6

Answers

Answer:

the 2nd one a>-6.........

the second choice is right :)

Which algebraic expression is equivalent to the expression below? 5x + 10x + x


A. 11x

B. 8x

C. 17x

D. 16x

Answers

Answer: D

Step-by-step explanation: Just simplify the whole expression. It’s all the same variable. 5x+10x= 15x. 15x+x=16x.

Answer:It’s D
Explanation:

Insurance companies are interested in knowing the population percent of drivers who always buckle up before riding in a car. When designing a study to determine this population proportion, what is the minimum number of drivers you would need to survey to be 95% confident that the population proportion is estimated to within 0.05?

If it was later determined that it was important to be more than 95% confident and a new survey was commissioned, how would that affect the minimum number you would need to survey? Why?

a. If the confidence level is increased, then the sample size would need to increase because a higher level of confidence increases the margin of error.
b. If the confidence level is increased, then the sample size would need to decrease because increasing the sample size would create an even larger interval.
c. If the confidence level is increased, then the sample size would need to decrease because we would like the proportion of people who buckle up to be around 50%.
d. If the confidence level is increased, then the sample size would not be affected.

Answers

Answer:

The value  is  [tex]n = 384 [/tex]

The correct option is a

Step-by-step explanation:

From the question we are told that

   The margin of error is  E =  0.05

From the question we are told the confidence level is  95% , hence the level of significance is    

      [tex]\alpha = (100 - 95 ) \%[/tex]

=>   [tex]\alpha = 0.05[/tex]

Generally from the normal distribution table the critical value  of   is  

   [tex]Z_{\frac{\alpha }{2} } =  1.96[/tex]

Generally since the sample proportion is not given we will assume it to be

      [tex]\^ p = 0.5[/tex]

Generally the sample size is mathematically represented as  

    [tex]n = [\frac{Z_{\frac{\alpha }{2} }}{E} ]^2 * \^ p (1 - \^ p ) [/tex]

=>   [tex]n = [\frac{ 1.96 }{0.05} ]^2 *0.5 (1 - 0.5) [/tex]

=>   [tex]n = 384 [/tex]

Generally the margin of error is mathematically represented as  

      [tex]E = Z_{\frac{\alpha }{2} } *  \frac{\sigma }{\sqrt{n} }[/tex]

Generally if the level of confidence increases,  the critical value of  [tex]\frac{\alpha }{2}[/tex]  increase and from the equation for margin of error we see the the critical  value varies directly with the margin of error , hence the margin of error  will increase also  

So  If the confidence level is increased, then the sample size would need to increase because a higher level of confidence increases the margin of error.

The value of y varies directly with x. If x = 4, then y= 10. What is the value of x when
y = 25
A 10
B. 2 1/5
C. 6
D. 15

Answers

4 10
— —
10 25

answer: 10

I don’t have one and I’m a sixth grader

Answers

Answer:

have one what ?

Step-by-step explanation:

also thats cute. when i was in sixth grade, i was homeschooled.

Answer

Ok good luck in school!

What is the value of the expression? 28 – 16 ÷ 8 – 4 3 8 22 24

Answers

Answer:

28 – 16 ÷ 8 – 4382224 = -4382198

Step-by-step explanation:

Answer:

B. 8

Step-by-step explanation:

Simplifying

28 + 12x = 8x + -4

Reorder the terms:

28 + 12x = -4 + 8x

Solving

28 + 12x = -4 + 8x

Solving for variable 'x'.

Move all terms containing x to the left, all other terms to the right.

Add '-8x' to each side of the equation.

28 + 12x + -8x = -4 + 8x + -8x

Combine like terms: 12x + -8x = 4x

28 + 4x = -4 + 8x + -8x

Combine like terms: 8x + -8x = 0

28 + 4x = -4 + 0

28 + 4x = -4

Add '-28' to each side of the equation.

28 + -28 + 4x = -4 + -28

Combine like terms: 28 + -28 = 0

0 + 4x = -4 + -28

4x = -4 + -28

Combine like terms: -4 + -28 = -32

4x = -32

Divide each side by '4'.

x = -8

Simplifying

x = -8

Which of the following equations demonstrates the Identity Property of One? A. 3 - 2 = 1 B. 4 • 1 = 14 C. 1 • b = b D. 0 + 1 = 1

Answers

Answer: C

The identity property of 1 is that any number multiplied but it remains the same.

Hence

1 x b = b
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