Find the amount paid for the loan.

$2400 at 10.5% for 5 years

Answers

Answer 1

Final answer:

$3,919.24

Explanation:

To calculate the total amount paid for a loan of $2,400 at an interest rate of 10.5% over 5 years, we will assume the interest compounds annually for simplicity. The formula to find the future value of a loan including interest is P(1 + r)^n, where P is the principal amount ($2,400), r is the annual interest rate (10.5% or 0.105), and n is the number of years (5).

Plugging the numbers into the formula gives us $2,400(1 + 0.105)^5. Calculating this gives us approximately $3,919.24. Therefore, the total amount paid for the loan over 5 years would be $3,919.24.

Answer 2

To find the amount paid on a $2400 loan at 10.5% interest for 5 years, calculate the simple interest and add it to the principal. The total interest is $1260, bringing the total repayment amount to $3660 over 5 years.

To find the amount paid for the loan of $2400 at 10.5% interest for 5 years, one would typically use the formula for the compound interest or an installment payment plan depending on whether the loan is paid off in a lump sum at the end of the term or through regular payments over the term. However, you have not specified the method of repayment (lump sum or installments), so let's consider a simple interest scenario which is often used for short-term loans.

The simple interest can be calculated as:

I = PRT

Where:


 I = Interest
 P = Principal amount ($2400)
 R = Annual interest rate (10.5% or 0.105 in decimal)
 T = Time in years (5)

Using the formula:

I = $2400 × 0.105 × 5 = $1260

Therefore, the total interest paid over 5 years is $1260. To find the total amount paid for the loan, add the interest to the principal:

Total Amount Paid = Principal + Interest

Total Amount Paid = $2400 + $1260 = $3660

The borrower would have to pay a total of $3660 after 5 years.


Related Questions

plz help will mark BRAINLIEST algebra 2

Answers

You have to ask yourself the meaning of h(0)
That means that GS Hopper is at this starting position
h(0) = -0^2 + 4/3 * 0 + 1/4
GS is 1/4 of a unit above the ground. So you need to find out how to solve h(t) so that the value of h(t) = 0 There is a difference between h(t) = 0 and t = 0.

-t^2 + 4/3 t  + 1/4 = 0 I'd multiply through be 12. It might be easier to do.
-12 t^2 + 16t + 3 = 0 Remember all terms have to be multiplied by 12.
I know this seems laborious, but you should divide through by - 1
12t^1 - 16t - 3 = 0. That way you don't have to explain what to do with the minus 1. Negatives can be a real pain.

It does factor. 
(2x - 3)(6x + 1) = 0 This is just a guess that was lucky. You have to try combinations to get it right. Luckily 3 has only 1 and 3 as factors.
2x - 3 = 0
2x = 3
x = 3/2
x = 1.5 This answer means that 1.5 s starts his jump, he's on the ground.

the other root is meaningless. You can't have minus time in these questions.
Answer t = 1.5 s <<<< answer

A rectangle has perimeter 68 meters, and its area is 280 sq-meters. find the dimensions of this rectangle. (for purposes of this problem only, the width is shorter than the length.)

Answers

let one side be x and the other be y

Perimeter is 68 meters
2(x + y) = 68
x + y = 34
x = 34 - y ------------------ (1)

Area = 280
xy = 280 ------------------- (2)

Sub (1) into (2):

(34 - y)y = 280
34y - y² = 280
y² - 34y + 280 = 0
(x - 14)(x - 20) = 0
x = 14 or x = 20

The dimension  of this rectangle is 14 meters by 20 meters


Final answer:

The rectangle's length to be 20 meters and the width to be 14 meters.

Explanation:

We are given that a rectangle has a perimeter of 68 meters and an area of 280 square meters, and we need to find its dimensions. Let's call the length of the rectangle L and the width W.

The perimeter (P) of a rectangle is given by the formula P = 2L + 2W. We know the perimeter is 68 meters, so we can write the equation:

1. 68 = 2L + 2W

The area (A) of a rectangle is given by the formula A = L × W. We know the area is 280 square meters, so we can write the equation:

2. 280 = L × W

To find L and W, we solve these two equations simultaneously.

Divide the perimeter equation by 2 to simplify:

34 = L + W

We can then express W in terms of L using this equation:

W = 34 - L

Substitute this into the area equation:

280 = L × (34 - L)

This gives us a quadratic equation:

L2 - 34L + 280 = 0

Solving this quadratic equation, we find that L = 20 and W = 14 or L = 14 and W = 20. Since the width is shorter than the length, the dimensions of the rectangle are length 20 meters and width 14 meters.

HURRRY QUICK!!!!!!

HELP ME ON THIS!!!!!!!!!!!!!!!!!!!!

Answers

It is exponential growth because it says 18.36% "more than" and it can be linear because it does not stay at a constant rate of change. Answer: Exponential growth
Hope this helps!

What proportional segment lengths verify that QS¯¯¯¯¯∥MN¯¯¯¯¯¯¯ ?

Enter your answers in the boxes.

__    __
1.5=

Answers

Answer: The proportion that can be written is 9 over 1.5 equals 12 over 2.

If you look in the diagram, you will see that they 1.5 is right below the 9 and the 2 is right below the 12.

If you put those values in a proportion, you can cross multiply and divide to see that they are in proportion. Since they are in proportion, the two lines are also parallel.

the proportional segments for the given diagram is

[tex]\frac{9}{1.5} =\frac{12}{2}[/tex]

Given:

In the given diagram , QS is parallel to MN

when a line that intersects two sides of the triangle is parallel to third side then the sides are in proportion

From the given the sides are in proportion

[tex]\frac{RM}{MQ} =\frac{RN}{NS} \\\frac{9}{1.5} =\frac{12}{2}[/tex]

so the answer for the given diagram is

[tex]\frac{9}{1.5} =\frac{12}{2}[/tex]

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how much would 600 invested at 8% interest compounded continuously be worth after 3 years? round your answer to the nearest cent.

Answers

[tex]\bf ~~~~~~ \textit{Continuously Compounding Interest Earned Amount}\\\\ A=Pe^{rt}\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\to& \$600\\ r=rate\to 8\%\to \frac{8}{100}\to &0.08\\ t=years\to &3 \end{cases} \\\\\\ A=600e^{0.08\cdot 3}\implies A=600e^{0.24}[/tex]

Solve for this equation for x round your number to the nearest hundredth 0.98=log x

Answers

Final answer:

To solve 0.98 = log x, you determine the number x for which 10 raised to the power of 0.98 equals x. Using a calculator, you find that x is approximately 95.50.

Explanation:

To solve the equation 0.98 = log x, we need to find the value of x such that when you take the common logarithm (base 10) of x, you get 0.98. A common logarithm is a logarithm with base 10, and the equation informs us that x is 10 raised to the power of 0.98 since y = log10(x) can be rewritten as x = 10y.

To find x, we can use the inverse operation of logarithm, which is exponentiation. We can express this process as follows:

x = 100.98

Using a calculator with exponentiation functionality, we enter the value of 0.98 and use the 10x function (sometimes labeled as INV or SHIFT followed by the LOG key).

The result is that x is approximately 95.50 when rounded to the nearest hundredth.

word problems ANSWER ASAP

"In still water, Derek can paddle his canoe at 6.5 km/h. On a river, the canoe travels faster downstream than upstream because of the current. In the morning Derek travels upstream and takes 5 hours and then in the afternoon Derek travels downstream the same distance and takes 2 hours. What is the speed of the current? Answer to the nearest tenth."

P L E A S E H E L P

Answers

Let the speed of current be x km/ hr 
Upsetram  = ( 6.5 -x) km/ hr
Downstram = ( 6.5 + x) km/ hr 
Distance = Speed x Time 

5 ( 6.5-x) = 2 ( 6.5+x) 
32.5 -5x =13 +2x 
7x = 19.5 
x =2.7857142 km/ hr 
ANSWER: 2.79 km/ hr

A rectangular piece of plastic has an area of 10 square millimeters and a perimeter of 22 millimeters. What are the dimensions of the piece of plastic? millimeters by millimeters

Answers

Final answer:

The dimensions of the rectangular piece of plastic are either 2mm by 5mm or 5mm by 2mm, based on the given area and perimeter.

Explanation:

We'll use the formula for the perimeter of a rectangle: 2(length + width) = perimeter and the formula for area: length x width = area. Given we have area of 10mm2 and perimeter of 22mm, we can set up two equations. Let's denote the length as 'L' and the width as 'W'.

Formula of perimeter of a rectangle: 2(L + W) = 22

Formula of area of a rectangle: L * W = 10.

We solve these two equations simultaneously. We get two possible solutions: Dimensions could be either {2mm, 5mm} or {5mm, 2mm}. Either the length is 5mm and the width is 2mm, or the length is 2mm and the width is 5mm.

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Triangle ABC has vertices of A(–6, 7), B(4, –1), and C(–2, –9). Find the length of the median from A) 4
b) square Root of 18
C) 8
D) Square root of 68

Answers

we know that
the median is the segment that joins each vertex with the midpoint of the opposite side

using a graph tool
see the attached figure

Step 1
Find the midpoint segment BC
B(4, –1), and C(–2, –9)

Xm=(4-2)/2=1
Ym=(-1-9)/2=-5
the midpoint BC is (1,-5)

the length of median is the distance point A(-6,7) and midpoint BC (1,-5)
d=√(12²+7²)=√193=13.89 units

the answer is 13.89 units


PLEASE HELP FAST!!!!
As a pendulum swings , the angle (theta) that it makes with the vertical changes through its swing. The force of gravity pulling on the bob is given by F=mg sin (theta), where g is equal to 9.8m/s^2. If the mass of the pendulum is 0.01 kg, what is the force pulling on the pendulum when it makes a 22.5 degree angle with the vertical?

Answers

The force of gravity pulling on the bob is given by F = mgsinθ
Where m is the mass of the pendulum, g is the gravity, while θ is the angle between the pendulum and the vertical.
Therefore, m = 0.01 kg, g = 9.8 m/s² and θ = 22.5
Force = 0.01 × 9.8× sin 22.5
          = 0.098 × sin 22.5
          = 0.0375 Newtons.

Answer:

Answer B

Step-by-step explanation:

The already given answer is correct, but if you need to know what answer it is without getting your calculator out, its B, or

0.049 (square)2 -(square) 2 N

0.049√2-√2 N

Over 6 days, jim jogged 6.5 miles, 5miles, 3miles, 2miles,3.5 miles,and 4 miles.what is the mean distante that jim jogged

Answers

He jogged a mean of 6 miles. 

Explanation:
To find the mean, add all the values and divide the sum by the number of the values.

6.5 + 5 + 3 + 2 + 3.5 + 4 = 24
24 ÷ 6 = 4

Answer:

C edg 2020

Step-by-step explanation:

HELP ASAP PLZ
what values of a, b, and c would you use in the quadratic formula for the following equation? 5x^2+9x=4

1. a=-4,b=9,c=5
2.a=5,b=9,c=-4
3.a=5,b=-4,c=9
4.a=5,b=9,c=4

Answers

2. 

a = 5, b = 9, c = -4

This is because the equation should be equal to zero before finding the terms. 

The standard form is given by :

[tex] ax^{2} +bx +c=0 [/tex]

So we have to convert given equation in this form by bringing all terms to one side and making 0 on the other side.

[tex] 5x^{2} +9x=4 [/tex]

Now we have to bring 4 to the left side,

subtracting 4 on the left,

[tex] 5x^{2} +9x-4=0 [/tex]

Comparing our equation with standard form,

Answer : a=5, b=9 and c=-4 ( second option is right )

Math) The school principal wants to know whether the students in the entire school prefer football or basketball. The principal draws a random sample from the following groups: All school teachers All girls in each grade All students in each grade All students on the basketball team Which of the following groups best represents the population she should take a random sample from to get the best results for her survey? All school teachers All girls in each grade All students in each grade All students

Answers

All students in each grade

lemon squash 2 parts concentrate to 5 parts of water. if you put 90ml of concentrate in a glass, how much water should be added?

Answers

It is given in the question that in the lemon squash 2 parts concentrate is added to 5 parts of water. Thus it makes the concentrate to water ratio as 2:5 or [tex] \frac{2}{5} [/tex]. Now, if this ratio is maintained then the amount of water to be added to 90 ml concentrate in a glass can be calculated as:

[tex] \frac{2}{5}=\frac{90}{x} [/tex]

Where x is the amount of water to be added, in ml (milliliters).

Cross multiplication of the above equation will give us:

[tex] 2x=90\times 5=450 [/tex]

Dividing both sides by 2 we will get:

[tex] x=\frac{450}{2}=225 [/tex]

Thus, if we put 90ml of concentrate in a glass, the water that should be added must be 225 ml.


The amount of water should be added is 225 ml if the lemon squash is 2 parts concentrated to 5 parts of water. if you put 90ml of concentrate in a glass

What is the ratio?

It is defined as the comparison between two quantities that how many times the one number acquires the other number. The ratio can be presented in the fraction form or the sign: between the numbers.

We have:

Lemon squash 2 parts concentrate to 5 parts of water.

Let's suppose the amount of water is x ml

Then according to the problems the ratios:

[tex]\frac{2}{5} =\frac{90}{x}[/tex]

2x = 90×5

2x = 450

x = 225 ml

Thus, the amount of water should be added is 225 ml if the lemon squash is 2 parts concentrated to 5 parts of water. if you put 90ml of concentrate in a glass

Learn more about the ratio here:

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What is the period of the sinusoid given by y=-3cos(2pi/5 x)?

Answers

y=-3cos(2pi/5 x)
y=a cos (bx+c) +d
a=-3; b=2pi/5; c=0; and d=0
Period: P=2pi/b
P=2pi/(2pi/5)
P=2pi*[5/(2pi)]
P=(2pi*5)/(2pi)
P=5

Answer: The period of the sinusoid given by y=-3cos(2pi/5 x) is 5.

Read the following statement.

At least one angle is acute.

What is the first step of indirectly proving this statement?


Assume none of the angles are acute.


Assume at least one angle is obtuse.


Assume at least one angle is not acute.


Assume none of the angles are obtuse.

Answers

Answer:

Assume at least one angle is not acute.

Step-by-step explanation:

With an indirect proof, instead of proving that something must be true, you prove it indirectly by showing that it cannot be false.

An indirect prove starts assuming that the statement is false and then your goal is to arrive at a contradiction. Then, in this case, the first step of indirectly proving at least one angle is acute is assume at least one angle is not acute.

Twenty-four students took a test. Fourteen students earned an A and 10 students earned a
b.A student will be randomly chosen.What is the probability that the student earned an A on the last test? Enter your answer as a fraction , in simplest form , in the box .

Answers

Total number of students who did a test was 24
Number of students who scored an A is 14
Number of students who scored a B is 10
Probability that when we randomly select a student, he/she will have an A is:
(Number of students that scored A)/(Total number of students)
=14/24
=7/12
Therefore our answer is 7/12

Which statements are true about the number of employees?

Answers

Hey! The answers are B & C
The 2nd and 3rd choices are the only correct ones.

____
The rate of increase slows once there are more than 250 employees. (The nature of a "logistic function" such as this is that it is (approximately) exponentially increasing until half the "carrying capacity" of the resource, then is exponentially decreasing as it approaches the limit.)

When x=0, you have 500/(1 +19) = 25. The initial value is 25, not 20.

Please help asap. Means a lot <3

Answers

I suck horribly at math, but I really want to help you, and I think the answer is C or B, if im wrong please let me know, I hope very much im right for your sake :) :(

Mr. Foley wants to randomly select 3 students for a committee. He used 3 coins to conduct a simulation to predict the probability that the committee will have at least 2 girls. The results of 16 trials of the simulation are shown below. Let H represent a girl and T represent a boy.

TTH HTH THH HHH
HTT THT THT HHT
HHT THH TTT HTT
HHH HTH TTH HHT
Based on the results of the simulation, what is the probability that the committee Mr. Foley selects will have at LEAST 2 girls?







Answers

The probability is 9/16.

This is because in the simulation, 9 of the results had 2 or 3 girls, and there was a total of 16 choices.

Solve for j
j/-2 + 7 =-12

Answers

(j/2) + 7 = -12 // Given
(j/2) + 7 - 7 = -12 - 7 // Subtraction Property of Equality
(j/2) = -19 // Simplify
(j/2) • 2 = -19 • 2 // Multiplication Property of Addition
j = -38

If you have any questions about the process, let me know

The required value of j is 38.

What are linear equation?

A linear equation only has one or two variables. No variables in a linear equation is raised to power greater than 1 or used as denominator of a fraction.

Now the given expression is

j/-2 + 7 =-12

Substracting 7 both the side. We get,

j/-2 + 7 -7 = -12 - 7

Solving both sides,

j/-2 = -19

Now multiplying whole equation with -2,so the equation becomes

j = 38

which is the required value of j.

Hence,the required value of j is 38.

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Twelve times the number of days decreased by five

Answers

So you times 12/days5?decrease by -5 isn’t it 55?

13. Explain how the line of best fit would change if one of the data points were moved up or down. Clearly mention how the x-value (time) of the point would influence this.

Answers

The line would move a small amount in each direction. Depending on how much the point moves.

Choose as many answers as apply.
Which of the following are normal payroll deductions?
taxes
pension fund contributions
group health insurance premiums
Book of the Month Club

Answers

From your choices, these are the following that have normal payroll deductions:
taxes
pension
health insurance
 Common payroll deductions include different kinds of taxes, insurance payments, pension payments, union dues and donations to charities. 
Answer:

The payroll deductions among the given choices are Taxes, health insurance premiums and pension fund contributions.

Step-by-step explanation:

Payroll deductions are those amounts which are deducted from an employee's payroll amount. These amounts are usually withheld by the employer where the employee works. Payroll deductions include insurance pension contributions, wage assignments, child support payments, taxes, and union and uniform dues.

I Will make you the BRAINLIEST!!!!pls answer:a movie Angelo brought a medium popcorn for $4 and a small drink for $3 and a box of fruit snacks for $5 write and solve a subtraction equation to find how much money Angela gave the cashier if you received $3 in change.

Answers

T=4+5+3+3

T=15

Total cash given = $15
3= x-12.    

x=15 because all the money spent together equals 12 dollars and if he gets 3 dollars back you would add 12+3 to get x

how many triangles can you make with 3cm, 4cm and 11cm

Answers

Can you be more specific? 

You can find the distance between two points on a number line by using the Pythagorean theorem.

Answers

The distance formula is based on the Pythagorean Theorem. When you have 2 points the distance is the hypotenuse of a right triangle.  So the change in x and the change in y form the legs, thus Pythagorean Theorem can solve for the distance

Answer:

It is false

the fortaleza telescope in brazil is a radio telescope. its shape can approximated with the equation y=0.013x2 is the relationship between x and y linear? is it proportional? explain

Answers

Is the relationship between x and y linear?
No, the relationship between x and y is not linear, because x has power 2. To be a linear relationship the powers of x and y must be 1.
Is it proportional?
No, it is not proportional.
Only is proportional for x>0. For x<0 is inversily proportional.

we have that

the given equation is

[tex]y=0.013x^{2}[/tex]

we know that

The general linear equation is equal to

[tex]y=mx+b[/tex]

where

m and b are real numbers

Every equation in this form is a linear equation. The linear equations represent linear functions. Equations than cannot be written in this form are not linear equations, and therefore are not linear functions

The given equation is not a line, is a quadratic equation, therefore is not a linear equation, is a non linear function.

Only a linear relationship can be proportional,

so

the relationship is not proportional

therefore

the answer is

the relationship between x and y  is a non linear function and is not proportional


A brand new filled jar of salsa is 11 cm tall and a has a radius of 6 cm. Kelly eats some of the salsa and the salsa in the jar is now 6 cm high.
Approximately how much salsa did Kelly eat?
Round your final answer to the nearest whole number.
188 cm³
565 cm³
679 cm³
1244 cm³

Answers

I'm positive that the answer is 565 cm^3

Before we begin please note that a jar is always cylindrical in shape if not mentioned otherwise. Thus, we will take a cylindrical jar in this case.

Since Kelly eats some of the salsa and the salsa in the jar is now 6 cm high, we know that Kelly ate the amount of Salsa whose volume is missing from the jar.

To find the missing volume on the Salsa jar all that we need to do is to find the height of the missing volume which is given to us as h= 6 cm. We already know that the radius of the jar, r=6 cm. Thus, the amount of Salsa Kelly has eaten is:

[tex] V=\pi(6)^2\times 6\approx678.6\approx679 [/tex] [tex] cm^3 [/tex]

Thus, the third option is the correct answer

Find the length of the hypotenuse of a right triangle to the nearest tenth of a foot if the lengths of the legs are 13 and 15 feet.

Answers

19.8494332413....too lazy to simplify, sorry.

JK, the answer is 19.8


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Antonio has a number of employees who report to him. he has been considering how to motivate these employees to higher levels of performance and productivity. antonio believes that most people are motivated by the satisfaction they receive from doing their jobs. he thinks that workers have a personal need to do well on the job. another manager, dexter, argues that while antonio may be right, it is important to offer financial incentives. dexter believes that workers don't really want to come to work and that managers therefore have to provide a "carrot" to ensure quality and productivity. part of his evidence is that employees keep complaining about pay, working conditions, and benefits even though the company pays well above average for the industry and the area. several days after this conversation, both dexter and antonio attend a workshop on employee motivation that explains herzberg's motivation-maintenance theory. refer to case 7.1. antonio's approach to motivation will probably lead him to emphasize which level of maslow's hierarchy of needs? What were nominating conventions How did the writer of "Counting Small-boned Bodies" involve the reader?a. In "Counting Small-boned Bodies," Bly uses parody to emphasize feelings of rage and helplessness in regard to war.b. "Counting small-Boned Bodies" is a short poem of ten lines.c. "Counting Small-Boned Bodies" is written in free verse and carefully divided into four stanzas.d."Counting Small-Boned Bodies" invites the reader to join the speaker to recount dead bodies. The city transportation commission surveys a random sample of licensed drivers, asking the question, "Do you favor increasing the number of bus routes within the city limits?" Which shows how bias might have affected the results of the survey? A. The question is biased in favor of bus riders. B. The question is biased against bus riders. C. Surveying only licensed drivers creates a bias against people who don't have driver's licenses. D. Since the survey used random sampling, it is unlikely to be biased. 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Given the lease terms below, find the total lease cost, assuming that the deposit is nonrefundable. Terms: Length of lease: 36 months MSRP of the car: $21,400 Purchase value of the car after lease: $17,100 Down payment: $1500 Monthly payment: $272 Security deposit: $350 Acquisition fee: $700 In 1960, the U.S. government began funding and training a group of about 1,400 Cuban exiles to invade Cuba. The purpose of the event known as the Bay of Pigs invasion was toa.bring a peaceful end to the Cold War.b.end Cuban drug running to the U.S.c.overthrow Cuban dictator Fidel Castro.d.locate all nuclear weapons in Cuba., Patricia pays $1.19 each to download songs to her MP3 players. If n is the number of downloaded songs, which equation represents the cost C in dollar? Does someone have this??