If a borrower's monthly interest payment on an interest-only loan at an annual interest rate of 7.3% is $877, how much was the loan amount (rounded to the nearest hundred)?A. $120,100B. $100,300C. $144,200D. $134,200

Answers

Answer 1

Answer:

Answer:

C. $144,200

Step-by-step explanation:

We have been given that a borrower's monthly interest payment on an interest-only loan at an annual interest rate of 7.3% is $877.

To find the loan amount, we will use simple interest formula.

$I=Prt$ , where,

I = Amount of interest,

P = Principal amount,

r = Annual interest rate in decimal form,

t = Time in years.

One month will be equal to 1/12 year.

$7.3\%=(7.3)/(100)=0.073$

Upon substituting our given values in simple interest formula, we will get:

$877=P*0.073*(1)/(12)$

$877*12=P*0.073*(1)/(12)*12$

$10524=P*0.073$

$P*0.073=10524$

$(P*0.073)/(0.073)=(10524)/(0.073)$

$P=144164.3835616438356$

Upon rounding to nearest hundred, we will get:

$P\approx 144,200$

Therefore, the loan amount was $144,200 and option C is the correct choice.

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I am an array made with 40 tiles I have an odd number of rows and an even number of tiles in each of my rows the number of my rows plus the number of tiles in each of my rows equals 13 how many rows do I have .

Answers

There are 5 row and 8 tiles in each row calculated using two equation.

What are System of equation?

Simultaneous equations, system of equations Two or more equations in algebra must be solved jointly (i.e., the solution must satisfy all the equations in the system). The number of equations must match the number of unknowns for a system to have a singular solution.

There are four methods to solving systems of equations: graphing, substitution, elimination and matrices.

Given I am an array made with 40 tiles I have an odd number of rows and an even number of tiles in each of my rows the number of my rows plus the number of tiles in each of my rows equals 13

Let "r" be the number of row and "t" be the number of tiles in each row.

Since, array has total 40 tiles

Thus,

r * t = 40

Also given

r +t = 13

From comparing these equation

r = 5 or 8

Since row is odd given

thus, r = 5

and t = 8

therefore, Two equations are used to determine the five rows and eight tiles in each row.

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8 by 5. The odd number of rows is 5 rows and the even number of tiles is 8

Find the circumference of the circle with the given radius or diameter. (Use 3.14 for π.)radius = 20 in.
a.
1,256 in.
b.
125.6 in.
c.
5,024 in.
d.
62.8

Answers

Answer: b.

125.6 in.

Step-by-step explanation:

We know that the circumference of a circle is given by :_

$\text{Circumference}=2\pi r$ , where r is the radius of the circle.

Given : The radius of the circle : r= 20 i.

Then , the circumference of the circle is given by :-

$\text{Circumference }=2(3.14)(20)\n\n\Rightarrow\ \text{Circumference }=125.6\ in.$

Hence, the circumference of the circle = 125.6 in.

C= 2πr
C= 2 x 3.14 x 20
C = 125.6

answer: b. 125.6 in.

Please solve this -2x + 12y - 4

Answers

2 (2x - (2 - 2y + 3x) + 4y) =
2 (2x - 2 - 2y + 3x + 4y) =
2 (5x + 2y - 2) =
10x + 4y - 4
This was my solution.

How many solutions does the nonlinear system of equations graphed belowhave?A. TwoB OneO C. ZeroO D. Four

Answers

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A

Power is measured in which unit? joules watts meters per second newtons per meter

Answers

The standard unit for the measurement of power is known as: B. Watts.

What is measurement?

Measurement is a process through which the size, magnitude or other physical quantities that are associated with an object is taken, especially for the purpose of a scientificresearch (experiment).

In Science, some of the standard unit of measurements with the correct physical quantities include the following:

Energy: Joules.

Velocity: meters per second.

Pressure: newtons per meter.

Power: Watts.

In conclusion, we can deduce that Watts is the standard unit for the measurement of power.

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Answer:

watts

Step-by-step explanation:

watt

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I don't understand how to do this. can someone please help me? and show me HOW to do it? thank you <3

Answers

If you are asking about the second one..the answer would be 146.3 meters. An easy way to do this is to remember that every yard equals 0.9144. All I did was multiply 160 by 0.9144, and I got my answer!

Hope this helps!

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