Ricardo took out a single payment loan for $2500 at 7.8% ordinary interest to pay his federal income tax bill. Find the maturity value of the loan if he had to pay it back after 180 days.

Answers

Answer 1

Answer:

Therefore, the maturity value of the loan is $2568.75.

Step-by-step explanation:

To calculate the maturity value of the loan, we need to add the interest to the principal.

First, we need to find out how much interest Ricardo will owe for the 180-day period.

The formula for calculating ordinary interest is:

Interest = Principal x Rate x Time

where:

Principal = $2500

Rate = 7.8% = 0.078 (expressed as a decimal)

Time = 180/360 (since the interest is for a 180-day period and the rate is an annual rate)

Time is expressed as a fraction of a year because the rate is an annual rate. In this case, the time is 180/360 because the loan is for 180 days, which is half of a year.

Using the formula above, we can calculate the interest as follows:

Interest = $2500 x 0.078 x 180/360 = $68.75

Therefore, Ricardo will owe $68.75 in interest for the 180-day period.

To find the maturity value of the loan, we add the interest to the principal:

Maturity Value = Principal + Interest = $2500 + $68.75 = $2568.75

Therefore, the maturity value of the loan is $2568.75.


Related Questions

Find what percentage of $6500 is $4250

Answers

Step-by-step explanation:

To find the percentage that $4250 represents of $6500, we can use the following formula:

percentage = (part / whole) x 100%

where "part" is $4250 and "whole" is $6500.

Substituting these values into the formula, we get:

percentage = (4250 / 6500) x 100%

percentage = 0.6538 x 100%

percentage = 65.38%

Therefore, $4250 represents 65.38% of $6500.

Answer: It is approximately 65%

Step-by-step explanation: Divide $4,250 by $6,500 and your answer without rounding is 65.3846%

Ann thought of a number, n . She multiplied it by 5 and then added 7. Then she told Jim the result, r
Start with the formula you wrote in part (b). Use it to write another formula that could help Jim find Ann’s number, n as soon as he is given the result, r

Answers

The formula that could help Jim find Ann’s number, n as soon as he is given the result, r is n = (r - 7) / 5.

How to write formula?

Formula 1;

Let the unknown number Ann thought of = n

(n × 5) + 7 = r

5n + 7 = r

If Jim is given Ann's number n if given the results, r

This means Jim will make Ann's number n the subject of the formula;

5n + 7 = r

Subtract 7 from both sides

5n = r - 7

divide both sides by 5

n = (r - 7) / 5

Therefore, the formula written in terms of n is n = (r - 7) / 5

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How many feet of fencing will be needed to enclose this dog pen? 4.8ft by 4yd

Answers

Answer:

19.2 ft

Step-by-step explanation:

Represent the following sentence as an algebraic
expression, where "a number" is the letter x. You
do not need to simplify.
9 less than six times a number.

Answers

Algebraic expressions are useful for solving different and complex equations in mathematics, as well as for modelling real-life situations such as revenue, cost, inference, etc

The algebraic expression is: [tex]6x - 9[/tex].

What is the use of algebraic expression?

To represent the sentence as an algebraic expression, we can follow these steps: Identify the variable. In this case, “a number” is x. Identify the operation. In this case, “less than” means subtraction and “times” means multiplication.

An algebraic expression is an expression that contains variables, constants and mathematical operations. Algebraic expressions are useful because they can help us solve different and complex equations.

For example, if you want to calculate the area of a rectangle with length x and width y, you can use the algebraic expression xy to represent the area.

Write the expression using the order of operations. In this case, we need to multiply six by x first, then subtract nine from the result.

Therefore, The algebraic expression is: [tex]6x - 9[/tex]

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how do i solve this problem?

Answers

Option A correctly describes the area of the graph of the function.

How is an area of the graph calculated?

The area of a graph is the area under the function curve enclosed within the X-axis of the graph. Thus, it is the area of the figure formed by enclosing the function graph with the X-axis.

It is the integration of the function polynomial of the possible values of x that the function curve lies in.

Here the function equation is : [tex]f(x) = ( 25 - x^{2} )[/tex]

From the figure, we can see that the value of x varies from -5 to 5.

Initial x-value of integration = minimum value of x

                                          = -5

Final x-value of integration = maximum value of x

                                          = 5

Thus, the area of the graph can be correctly calculated as. :

               [tex]Area = \int\limits^{maxX}_ {minX} \, f(x)dx[/tex]

               [tex]Area = \int\limits^5_ {-5} \, (25-x^{2} )dx[/tex]

Hence, Option A correctly calculates the area of the graph given.

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11) m/EFG=132°, m/CFG=x+111,
and m/EFC=x+23. Find mLEFC.

Answers

Applying the angle addition postulate, the value of x in the image given is calculated as: 49.

What is the Angle Addition Postulate?

The Angle Addition Postulate states that for any angle, the sum of its adjacent angles is equal to the angle formed by combining them.

Therefore, we have:

x + 11 + x + 23 = 132

Combine like terms to find the value of x:

2x + 34 = 132

2x = 132 - 34

2x = 98

2x/2 = 98/2

x = 49

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14 yd

21 yd find the area of the triangle

Answers

Answer:

147

Step-by-step explanation:

A= h^b b=21*14= 147

D
L
F
DM = 8
M
K
FM = 2x
E
EM = 6

Answers

Answer: yes correct i love math

Step-by-step explanation:

The diameter of the base of a cone is shown on the grid. Each square unit on the grid has a side length of 1 foot. The volume of the cone is approximately 200.96 cubic feet. Determine the height of the cone, and construct it vertically on the grid with respect to the center of the cone's base.


Use 3.14 for .

Answers

Answer:

First, we need to find the radius of the base of the cone. We can see from the grid that the diameter is 8 units, so the radius is 4 units (or 4 feet).

Next, we can use the formula for the volume of a cone to find the height:

V = (1/3)πr^2h

Substituting the given volume and radius, and using 3.14 for π, we get:

200.96 = (1/3) x 3.14 x 4^2 x h

Simplifying and solving for h, we get:

h = 200.96 / (1/3 x 3.14 x 4^2)

h = 200.96 / 53.02

h ≈ 3.79 feet (rounded to two decimal places)

To construct the cone vertically on the grid with respect to the center of the base, we can draw a circle with radius 4 units (or 4 feet) centered at the point (4,4) on the grid. Then, we can draw a line from the center of the circle (point (4,4)) up to a point above the circle that is 3.79 units (or 3.79 feet) away from the center. This line represents the height of the cone. Finally, we can connect the endpoint of the line to the points where the circle intersects the grid to complete the cone.

Question 2
(03.01 LC)
Which of the following is not created when a plane slices through a cone?
O Point
O Line
O Circle
O Square

Answers

A square is not created when a plane slices through a cone.

What is square?

A square is a geometrical shape that has four equal sides and four equal angles of 90 degrees.

What is cone?

A cone is a three-dimensional geometric shape that tapers smoothly from a flat base to a pointed top or apex. It looks like a funnel or an ice cream cone.

According to given information:

When a plane intersects or slices through a cone, it creates a variety of different shapes depending on the angle of the plane and the position of the cone.

If the plane intersects the cone at an angle perpendicular to its base, it will create a circle. If the plane intersects the cone at an angle that is not perpendicular to its base, it will create an ellipse.

If the plane intersects the cone at an angle that is parallel to one of its generators (the lines that can be drawn from the vertex of the cone to any point on its base), it will create a parabola. If the plane intersects the cone at an angle that is not parallel to one of its generators, it will create a hyperbola.

Therefore, a square is not created when a plane slices through a cone.

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Select the correct answer. The product of two numbers is 21. If the first number is -3, which equation represents this situation and what is the second number? A. The equation that represents this situation is x − 3 = 21. The second number is 24. B. The equation that represents this situation is 3x = 21. The second number is 7. C. The equation that represents this situation is -3x = 21. The second number is -7. D. The equation that represents this situation is -3 + x = 21. The second number is 18.

Answers

Answer:

The product of two numbers is 21.

Step-by-step explanation:

If the first number is -3, which equation represents this situation and what is the second number? A. The equation that represents this situation is x − 3 = 21.

K
Add the fractions. Simplify if possible.
2
9x
+
10
9x

Answers

The sum of the given fractions is (2x + 10)/x.

What is fraction ?

A fraction is a way of representing a part of a whole or a ratio between two quantities. It is written in the form of a numerator and a denominator separated by a horizontal line. The numerator represents the number of equal parts under consideration, while the denominator represents the total number of equal parts that make up the whole. For example, the fraction 3/4 represents three equal parts out of a total of four equal parts. Fractions can be added, subtracted, multiplied, and divided to perform various mathematical operations.

According to the question:
The given fractions can be added if they have a common denominator. In this case, the common denominator is 9x.

So, we need to write the fractions with 9x as the denominator:

2/1 * (9x/9x) = 18x/9x

10/1 * (9/9x) = 90/9x

Now, we can add these two fractions:

18x/9x + 90/9x = (18x + 90)/9x = 9(2x + 10)/9x = 2x + 10/ x

Therefore, the sum of the given fractions is (2x + 10)/x.

Q: Find K by Adding the fractions and simplify if possible k=(2*(9x))+(10*(9x))

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which is more 7,000 millimeters or 7 liters?

Answers

I believe you meant milliliters? If so, they are equal.

Find the probability of rolling an even number on a single die

Answers

The probability of rolling an even number on a single die is 1/2, or 50%. This can be calculated by considering the possible outcomes of rolling the die.

There are six possible outcomes, and three of these are even numbers (2, 4, and 6). Therefore, there is a 3/6, or 1/2, chance of rolling an even number. In terms of probability, this can be expressed as a fraction, percentage, or decimal. As a fraction, the probability of rolling an even number on a single die is 3/6, or 1/2. As a percentage, the probability of rolling an even number on a single die is 50%. As a decimal, the probability of rolling an even number on a single die is 0.5. No matter how it is expressed, the probability of rolling an even number on a single die is 1/2, or 50%. This can be easily remembered by considering that there are six possible outcomes, and three of them are even numbers.

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savvas realize topic 5 assesment

Answers

Finally, express the solution as an interval of real numbers or as a set of values that make the inequality. x<10.4, x>3.3, x≥32 and x≤-15.

How to solve inequality?

To solve an inequality, you need to find the set of values that make the inequality true. The process for solving an inequality depends on the type of inequality and the variables involved. Here are the general steps:

Determine the type of inequality: Is it a greater than (>), less than (<), greater than or equal to (≥), or less than or equal to (≤) inequality?

Simplify both sides of the inequality as much as possible using algebraic operations such as addition, subtraction, multiplication, and division. Remember to apply the same operation to both sides of the inequality.

If you multiplied or divided both sides of the inequality by a negative number, you need to reverse the direction of the inequality. For example, if you multiplied both sides of x < 3 by -1, you would get -x > -3.If there are variables on both sides of the inequality, move them all to one side of the inequality and simplify.If there are absolute values in the inequality, you may need to split the inequality into two separate cases, one for when the quantity inside the absolute value is positive, and one for when it is negative.

Finally, express the solution as an interval of real numbers or as a set of values that make the inequality true. If the inequality is strict (> or <), use an open interval (e.g., (a, b)). If the inequality includes equality (≥ or ≤), use a closed interval (e.g., [a, b]).

by the question.

a. x-3.5>6.9

x>6.9+3.5

x>10.4

b. 6.4>x+3.1

x[tex]\geq 32[/tex]

c. x/4≤8

x≤32

d. 2/3x≤-10

x≤-15

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2. Solve based on the diagram below.
What is the value of angle x? How do you know (what type of angle pairs are they)?

Answers

Answer: 160

Step-by-step explanation: The straight line or line X is 180 degrees. So subtracted 20. This is because X is intersected by another line which makes the upper notch 20 degrees.

Perry's patio is 6 meters long and 53 meters wide. What is the area of his patio?​

Answers

The area of Perry’s patio is 318 m^2.
You have to multiply 6 and 53 to get 318 as your area, which then you would put into the unit states in the question, so your answer is 318 m^2.

Which of the following equation will produce the graph shown below

Answers

The quadratic equation in the given graph can be written in the vertex-form as:

y = -2(x - 1)² + 4

Which of the equations produce the given graph?

We can see the graph of a quadratic equation. Remember that a quadratic equation with a vertex (h, k) and a leading coefficient a can be written as:

y = a*(x - h)² + k

in the graph we can see that the vertex is (1, 4), replacing that we will get:

y = a*(x - 1)² + 4

In the graph we also can see that the curve passes through the point (0, 2), replacing thesevalues in the equation we will get:

2 = a*(0 - 1)² + 4

2 = a + 4

-2 = a

Then the quadratic is:

y = -2(x - 1)² + 4

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please help with these 2 questions in math

Answers

The correct answer is E (-1,-3). Reflection across the x-axis is a transformation that flips the object across an imaginary line that runs through the center of the x-axis.

What is transformation?

Transformation in mathematics is the process of changing an object or figure in some way. This includes changing the size, position, rotation or reflection of an object. Transformations can also be used to move a figure from one coordinate system to another. Common transformations include translation, rotation, reflection and scaling.

In this case, the x-axis is the line y = 0. The figure ABCD is reflected across this line, resulting in point A being reflected to E.

When a figure is reflected, the x-coordinates remain the same, while the y-coordinates change sign. This means that the x-coordinate of point A (-1) remains the same, but the y-coordinate (3) changes to its opposite (-3). Therefore, the resulting coordinates of point A are (-1,-3).

Reflection across the x-axis is an example of a transformation. Transformations involve changing the position, size or orientation of a figure, but not its shape. This means that the figure ABCD is still the same shape after being reflected, but its position has changed. After being reflected, the figure is now located on the opposite side of the x-axis.

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A sports medicine specialist determines that a
hot-weather training strategy is appropriate for
a 165 cm tall individual whose BSA is less
than 2.0. To the nearest hundredth, what can
the mass of the individual be for the training
strategy to be appropriate?
hom
BSA <2.0
20
1789
Finish
165 cm
^

Answers

The mass of the individual can be up to 87.27 kg for the hot-weather training strategy to be appropriate.

How do you solve for the mass of of the individual using the equation provided?

Given that the training strategy is appropriate for a BSA less than 2.0, we need to find the maximum mass (M) for the individual with a height (H) of 165 cm. The equation for BSA is:

BSA = √(H x M) / 3600

We can rearrange the equation to solve for M:

M = (BSA^2 x 3600) / H

Since we want the maximum mass for a BSA less than 2.0, we can use BSA = 2.0 as the upper limit:

M = (2.0^2 x 3600) / 165

M = (4 x 3600) / 165

M = 87.27 kg

The above question is in response to the full question as seen in the image;

A sports medicine specialist determines that a hot-weather training strategy is appropriate for a 165 cm tall individual whose BSA is less

than 2.0. To the nearest hundredth, what can the mass of the individual be for the training strategy to be appropriate?

The equation for BSA is BSA = √(H x M)/3600

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Increase the number 15/16 by 3/5 of it of it. Then increase the resulting number by 3/5 of it

Answers

The resulting number is 12/5

What are arithmetical operations?

Arithmetic operations is a branch of mathematics, that involves the study of numbers, operation of numbers that are useful in all the other branches of mathematics. It basically comprises operations such as Addition, Subtraction, Multiplication and Division.

Given that we need to, increase the number 15/16 by 3/5 of it, then increase the resulting number by 3/5 of it

So, performing the operations,

15/16+15/16×3/5

= 15/16(1+3/5)

= 15/16(8/5)

= 120/80

= 3/2

Now,

3/2+3/2×3/5

= 3/2(1+3/5)

= 3/2(8/5)

= 24/10

= 12/5

Hence, the resulting number is 12/5

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I’m thinking of three numbers: X, Y, and Z. We have X ≤ Y ≤ Z. The median of the
three numbers is 90, the mean of the three numbers is 92, and the range of the three
numbers is 6. What are the values of X, Y, and Z? Show your work

Answers

The  X, Y, and Z values ​​are 84, 90, and 90, respectively. To answer this question, we need to understand the meaning of the words "median", "mean" and "range".

What is median?

Median is the middle number of a set of numbers - it is the number in the middle when the numbers are ordered from smallest to largest.

Since the median is 90, this means that Y (the mean number) is 90. Since the average is 92, this means that the sum of the three numbers is 276 (92 x 3). The interval is 6, which means that the difference between the largest number and the smallest number is 6.

To solve for X and Z, we can use the equation X Y Z = 276. We know that Y is 90, so we can plug 90 into Y:

X 90 Z = 276

Then we can  subtract 90 from both sides to find the value of X and Z:

X Z = 186

Since the range of the three numbers is 6, this means that X and Z must be 6 plus. The only two numbers that differ by six and add up to 186 are 84 and 90.

Therefore the  X, Y, and Z values ​​are 84, 90, and 90, respectively.

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Write numbers to make an expression equivalent to 5x - 4

Answers

Expression equivalent to 5x - 4 are 5(x - 4/5), 5x - 20/5, 10x/2 - 8/2 and 3(5x/3) - 4

How  numbers to make an expression equivalent to 5x - 4

To create an expression equivalent to 5x - 4, we need to use arithmetic operations such as addition, subtraction, multiplication, and division, along with numbers and variables. The goal is to manipulate the numbers and variables in a way that results in the same value as 5x - 4.

Here are some examples of how we can do this:

5(x - 4/5)

In this expression, we start with x and subtract 4/5 from it. Then we multiply the result by 5. This is equivalent to distributing the 5 to x and -4/5, which gives us 5x - 4.

5x - 20/5

Here, we simply subtract 20/5 (which simplifies to 4) from 5x. This gives us 5x - 4.

(25x - 20)/5

In this expression, we start with 25x and subtract 20 from it. Then we divide the result by 5. This is equivalent to simplifying the expression to 5x - 4.

10x/2 - 8/2

This expression might look a bit different, but it's still equivalent to 5x - 4. Here, we start with 10x and divide it by 2, which gives us 5x. Then we subtract 8/2 (which simplifies to 4) from it, giving us 5x - 4.

3(5x/3) - 4

In this expression, we start with 5x and divide it by 3. Then we multiply the result by 3, which gives us 5x. Finally, we subtract 4 from it, giving us 5x - 4.

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The slope of a line is undefined, and the x-intercept is -7. What is the equation of the line?
Oy=-7
Ox=-7
Oy=-7x

Answers

Answer:

"Undefined slope"

Step-by-step explanation:

The line is vertical on the graph.

Every point on the line has the same x-coordinate.

If the line crosses the x-axis where x=-7, then the

x-coordinate of every point on the line is -7, and the

equation of the line is

                                     x = -7 .

Can somebody find me a pencil to write please​

Answers

Try going to the store and they should be surprisingly cheap.

Answer: here it is.

Step-by-step explanation:

A brick of mass 2 kg falls through water with an acceleration of 2 ms 2. The total force of the resistance is N.​

Answers

The calculated value of the force of the resistance is 15.62 N

Calculate the force of the resistance

We can use Newton's Second Law of Motion to solve this problem. The formula is:

F = m*a

where F is the net force, m is the mass of the object, and a is the acceleration.

In this case, the brick is falling through water, so there are two forces acting on it:

gravity (pulling it down) water resistance (slowing it down).

The net force is the difference between these two forces:

F_net = F_gravity - F_resistance

The weight of the object is:

F_gravity = m*g

So, we have

F_gravity = 2 kg * 9.81 m/s^2 = 19.62 N

Now we can use the formula for net force to find the force of water resistance:

F_net = F_gravity - F_resistance

F_resistance = F_gravity - F_net

F_resistance = 19.62 N - m*a

This gives

F_resistance = 19.62 N - 2 kg * 2 m/s^2 = 15.62 N

Therefore, the force of water resistance is 15.62 N.

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2. Evaluate the logarithmic expression using properties of logs and the change of base formula
Expression

a. log5.625
b. log6.4 +log6.12
c. log3.9^4

(i put a period after a imaginary number)

Answers

The expressions can be written as  :a. log5.625 ≈ 0.75.

                                                             b. log6.4 + log6.12 ≈ 1.67.

                                                             c. log3.9^{4} ≈ 2.47.

What is logarithm function?

A logarithm function is a mathematical function that determines the power to which a fixed number, called the base, must be raised to produce a given value and The logarithm function is the inverse of the exponential function. The most commonly used base for logarithmic functions is 10 (log base 10), but other bases such as 2 (log base 2) and the natural logarithm base e (ln) are also used.

a. Since there is no base specified, we assume the base to be 10 by default. Therefore, we can write:

log5.625 = log(5625/1000)

Using the property log(a/b) = log(a) - log(b), we can simplify this expression to:

log5.625 = log(5625) - log(1000)

Using the change of base formula, we can convert the logs to a common base, such as 2 or e:

log5.625 = log(5625)/log(10) - log(1000)/log(10)

Evaluating the logs using a calculator or by simplifying, we get:

log5.625 ≈ 0.75

Therefore, log5.625 ≈ 0.75.

b. Using the property log(a) + log(b) = log(ab), we can simplify the expression:

log6.4 + log6.12 = log(6.4 × 6.12)

Using the change of base formula, we can convert this to a common base:

log6.4 + log6.12 = log(6.4 × 6.12)/log(10)

Evaluating the log using a calculator or by multiplying 6.4 and 6.12 and simplifying, we get:

log6.4 + log6.12 ≈ 1.67

Therefore, log6.4 + log6.12 ≈ 1.67.

c. Using the property log(a^{n}) = n log(a), we can simplify the expression:

log3.9^{4} = 4 log3.9

Using the change of base formula, we can convert this to a common base:

log3.9^{4} = 4 log(3.9)/log(10)

Evaluating the log using a calculator or by simplifying, we get:

log3.9^{4} ≈ 2.47

Therefore, log3.9^{4} ≈ 2.47.

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I need this work sheet done in 10 minutes or less!!

Answers

Answer:

3. 216 cm^3

4a. A = 5 ft, B = 4 ft.

4b. 88 ft^3

Step-by-step explanation:

3. Separate into two rectangular prisms:

Volume of first one: 4cm*2cm*3cm = 24cm^3

Volume of second one: 4cm*12cm*4cm = 192cm^3

Add them together: 24 + 192 = 216cm^3

4a.

Length A = 8-3 = 5ft.

Width B = 8-4 = 4ft.

4b. Separate into two rectangular prisms:

Volume of first one: 2ft*3ft*4ft = 24ft^3

Volume of second one: 8ft*4ft*2ft = 64ft^3

Add them together: 24 + 64 = 88ft^3

Please helpppp it’s urgent!!! Assume you have a balance of $3000 on a credit card with an APR of 24 %, or 2 % per month. You start making monthly payments of $200, but at the same time you charge an additional $100 per month to the credit card. Assume that interest for a given month is based on the balance for the previous month. How long does it take to pay off the credit card debt? Round your numbers to the nearest cent?

Answers

It will take around 3.72 months to pay off the credit card debt.

Explain about the annual percentage rate APR?The annual rate of interest that a person must pay on a loan or receives on a bank account is known as the annual percentage rate (APR).APR is utilized for everything, including credit cards, auto loans, and mortgages.

The formula for APR is:

A = P * [tex](1 + r/n)^{nt}[/tex]

In which,

A = amount after compounding.

P = balance amount

r = rate of interest.

n = number of time compounded.

Initial balance: $30,000.

Payments per month = $200.

Expenses = $100

Balance amount = 30,000 - 12 *(200 - 100)

Balance amount = $28800

So, time taken for paying off credit card debt.

30,000 = 28800  [tex](1 + 0.24/1)^{1*t}[/tex]

[tex](1.24)^{t}[/tex] = 30,000 / 28800

[tex](1.24)^{t}[/tex] = 1.04

Solve by using logarithmic function.

t = ln (1.04) / 1.24

t = 0.31  year

t = 3.72 months

Thus, it will take around 3.72 months to pay off the credit card debt.

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1. You purchase a car using a $12,500 loan with a 5.6% simple interest rate.
(a) Suppose you pay the loan off after 6 years. How much interest do you pay on your loan? Show your work.
(a) Suppose you pay the loan off after 3 years. How much interest do you save by paying the loan off sooner? Show your work.

Answers

The interest that is paid on the loan in 6 years will be $4,200.

The amount of interest that is saved is $2,100.

What is the interest on the loan?

The simple interest is a linear function of the number of years of the loan, value of the loan and the duration of the loan. The higher either of these values are, the higher the simple interest.

Simple interest = loan x time x interest rate

Simple interest if the loan is paid off after 6 years: $12,500 x 6 x 0.056 = $4,200

Simple interest if the loan is paid off after 3 years: $12,500 x 3 x 0.056 = $2100

Interest saved = $4200 - $2100 = 2100

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