A business owes $8000 on a loan. Every month, the business pays 12 of the amount remaining on the loan.

How much will the business pay in the sixth month?

Answers

Answer 1
Final answer:

The business will pay $506.99 on the loan in the sixth month, after making monthly payments of 12% of the remaining balance on an $8000 loan.

Explanation:

To determine how much the business will pay in the sixth month on a loan where they pay off 12% of the remaining balance each month, we need to use a decay formula. This is a type of exponential decay since the amount owed is decreasing by a fixed percentage each month. The formula to find the remaining balance after each payment is:

Balance after n payments = Initial amount * (1 - rate)^n

Starting with an initial loan amount of $8000 and a monthly payment rate of 12% (or 0.12 in decimal form), we calculate the remaining balance each month until the sixth month:

Month 1: 8000 * (1 - 0.12) = 8000 * 0.88 = $7040 remainingMonth 2: 7040 * 0.88 = $6195.20 remainingMonth 3: 6195.20 * 0.88 = $5455.78 remainingMonth 4: 5455.78 * 0.88 = $4801.09 remainingMonth 5: 4801.09 * 0.88 = $4224.96 remainingMonth 6: 4224.96 * 0.88 = $3717.97 remaining

Now we can find out how much will be paid in the sixth month by calculating 12% of the balance at the end of the fifth month:

Sixth month payment = 12% of 4224.96
Sixth month payment = 0.12 * 4224.96
Sixth month payment = $506.99
The business will pay $506.99 in the sixth month.


Related Questions

What theorem or postulate can prove a triangle to be an isosceles?

Answers

Final answer:

The Converse of the Base Angles Theorem states that if two angles of a triangle are congruent, then the triangle is isosceles.

Explanation:

In geometry, the theorem that can prove a triangle to be isosceles is the Converse of the Base Angles Theorem. It states that if two angles of a triangle are congruent, then the triangle is isosceles. In other words, if the two base angles of a triangle are equal, then the triangle is isosceles. For example, if angles A and B in triangle ABC are congruent (angle A = angle B), then triangle ABC is isosceles.

The expression 3x² represents

Answers

Final answer:

The expression 3x² signifies a quadratically powered variable (x) that is multiplied by the coefficient 3, commonly seen in algebraic equations.

Explanation:

The expression 3x² represents a mathematical formula where the variable x is squared (multiplied by itself) and then multiplied by 3. The squaring of a variable is a fundamental concept in algebra that symbolizes a number raised to the power of 2.

The coefficient 3 in this case indicates that the square of x is being tripled. Therefore, if x is 2, x² would be 4, and 3x² would be 12. This type of expression is essential in solving quadratic equations and appears frequently in various mathematical contexts.

Is 81 a multiple of 3 explain why

Answers

Yes, 81 is a multiple of 3 because 9 times 9 is 81 and 9 is a multiple of 3. (3x3=9)
Hope this helps.

Hi.

The divisibility rule of 3 states that if the sum of the digits in the number add up to a multiple of 3, it is divisible by 3.

To put it in simpler words, to find out if 81 is a multiple of 3 we must add 8 & 1.

8 + 1 = 9

9 is a multiple of 3 (3 • 3 = 9).

81 is a multiple of 3.


I hope I helped you understand!

In a class of 10, there are 2 students who forgot their lunch.

If the teacher chooses 2 students, what is the probability that both of them forgot their lunch?

Answers

Answer:2/10

Step-by-step explanation: 10 students, 2 of them forgot their lunch. So 2/10 of the students will be chosen by the teacher

Solve the inequality
7x ≥ -7

a. x ≤ -1
b. x > -14
c. x ≥ -1
d. x ≥ 14

Answers

7x ≥ -7

Divide both sides by 7 to get x by its self....

≥  -1 is the answer ..

To check substitute the -1 for x in the inequality..

7(-1) ≥  - 7 
- 7 ≥ -7 

It is correct because - 7 is greater than or EQUAL TO -7

Answer:

A:  x ≥  -1

its rightc bc

Eric and his work crew have 50 trees o plant. In 8 hours today, they planted 40 trees. If the work at the same rate tomorrow, how long will it take to finish planting the trees?

Answers

it will take them 1 hour and 25 minitues to plant 10 trees tomorrow

Reuben drove 576 miles in 8 hours.
At the same rate, how long would it take him to drive 936 miles?

Answers

13 hours should be your answer. divide 576 by 8. divide 936 by your answer

Reuben's driving rate is 72 miles per hour. At this same rate, it would take him 13 hours to drive 936 miles.

To determine how long it would take Reuben to drive 936 miles at the same rate, we first need to find his driving rate. Reuben drove 576 miles in 8 hours. To find his rate, we divide the distance by the time:

Rate = Distance / Time

Rate = 576 miles / 8 hours = 72 miles/hour

Next, we use this rate to find out how long it will take him to drive 936 miles:

Time = Distance / Rate

Time = 936 miles / 72 miles/hour = 13 hours

Thus, it would take Reuben 13 hours to drive 936 miles at the same rate.

Rob cuts 15-foot wire into 8 equal pieces. About how long is each piece

Answers

The technical answer is 1.875
but about would be 2 ig
Heyo! 

The answer is 1.875 ft. 

You can solve this by dividing 15 ft by 8 to get your length per piece.

What is the slope of a line that is perpendicular to a line whose equation is −2y=3x+7 ?

Answers

find the slope of the line given:

y = mx+b

y = -3x/2 -7/2

slope = -3/2

the slope of the perpendicular line is the negative reciprocal

 so answer is 2/3

The answer is 0.66, or 2/3. Graph the line, and then use a protractor to create a line perpendicular to the line. Then, calculate the slope of the line.

Calc Question :fuel cost Please help me.

Answers

Disclaimer, I'm in pre-ap algebra 2, not calc lol. But based on common knowledge + a quick google search, I'm fairly certain this is the right answer.

So, first you need to find how many gallons the car uses per year. 
Since x is the number of gallons, this would be 15000/x.

Now, you need to multiply however many gallons the car used by 2.95 to get the cost, C.
C=2.95(15000/x) is your function for this problem. 
However, this can also be written as C=[tex] \frac{44250}{x} [/tex].

Let's fill in the row for C first.
Starting with 10 mpg.
44250/10
4425

So the first value should be 4425. Keep on doing this for the rest.

Now for dC/dx, this means rate of change in C caused by a change of the value x.
Starting with 10 mpg.
-4425/10
-442.5

So in the end, the table should look like this (approximating to decimals)
[tex] \left[\begin{array}{cccccccc}x&10&15&20&25&30&35&40\\C&4425&2950&2212.5&1770&1475&1264.29&1106.25\end{array}\right] [/tex]
[tex] \left[\begin{array}{cccccccc}\\dC/dx&-442.5&-196.67&-110.635&-70.8&-49.17&-36.12&-27.66\end{array}\right] [/tex]

The driver who gets 15 mpg would benefit more because 
(-44250/16)/16 = -172.85
(-44250/36)/36 = -34.14

The driver with 15 mpg saves much more money than the driver with 35 mpg.

Once again, not fully certain if that is correct, but the answer seems logical to me, and I did google a bit to check it.

List an example of two events that are independent. ​(b) list an example of two events that are dependent. ​(a) list an example of two events that are independent. choose the correct answer below.
a. a father having hazel eyes and a daughter having hazel eyes
b. selecting a queen from a standard​ deck, not replacing​ it, and then selecting a queen from the deck
c. rolling a die twice
d. not putting money in a parking meter and getting a parking ticket ​(b) list an example of two events that are dependent. choose the correct answer below.
a. tossing a coin and getting a​ head, and then rolling a​ six-sided die and obtaining a 6
b. selecting a ball numbered 1 through 12 from a​ bin, replacing​ it, and then selecting a second numbered ball from the bin
c. rolling a die twice
d. drawing one card from a standard​ deck, not replacing​ it, and then selecting another card

Answers

When two events are dependent, this means that one event cannot occur without the other, or simply put the two events are connected to each other in one way or the other.


When two events are independent, this means that the two events can occur separately, with one event having no effect on the occurrence of the other.

Therefore the dependent and independent events are as follows:

 

Independent event:

 c. rolling a die twice

The outcome of the first die does not affect the outcome of the second die, hence independent.

 

Dependent event:

d. drawing one card from a standard​ deck, not replacing​ it, and then selecting another card

By the act of not replacing the drawn card, we are changing the probability of selecting another card, hence dependent.

What is the probability of throwing a number greater than 4 when rolling a number cube that has sides labeled 1, 2, 3, 4, 5, 6?

Answers

What is probability rolling a number greater than 4?

The only numbers there are is 5 and 6.
That means that there are 2 outcomes out of 6 total outcomes.
That would be 2/6.
Divide the the top and bottom by 2.
In simplest form it would be 1/3.
2/6=1/3

The answer is 1/3. The probability of throwing a number greater than 4 is 1/3.
Final answer:

The probability of rolling a number greater than 4 on a six-sided die is 1/3 or 0.33 or 33%. This is obtained by dividing the number of favourable outcomes (2, i.e., 5 and 6) by the total number of outcomes (6).

Explanation:

The subject of the question is the probability in mathematics, specifically related to an experiment involving rolling a six-sided die. To answer your question, a six-sided die has numbers from 1 to 6. But you are asking about throwing a number greater than 4. There are only two outcomes that are greater than 4, the numbers 5 and 6. Therefore, the possible favorable outcomes are 2.

The total outcomes (since it's a six-sided standard die) are 6. Probability is calculated by dividing the number of favorable outcomes by the total number of outcomes. In this case, it will be 2/6 = 1/3 which is approximately 0.33 or 33%.

This means, if you roll the die, on an average, you can expect to roll a number greater than 4 about 33 times if you roll it 100 times.

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What is the value of x in the parallelogram?

Answers

The value of x is (180-67) = 113 degrees.

Extra information:

In a parallelogram, the consecutive angles are supplementary (so in this case, that means that because the line from corner x to the corner of 67 degrees is 180 degrees in total, the value of x has to be 180-67 = 113 degrees).

A shop has a sale that offers 20% off all price. On the final day they reduce all the sale prices by 25%. Linz buys a radio on the final day. Work out the overall percentage reduction on he price of the radio.

Answers

hmmmm is not very clear if the 25% is just 25% of the original price, or of the reduced price, but let's assume is of the reduced price.

say the original price is "x", 20% off that, means the sale price is 80% of the original price, or (80/100) * x, or 0.8x.

then Linz shows up on the last day, and she's got 25% off from that price plus a beanie baby and a free garden hose.

so if the price is reduced by 25%, then the sale price is just 75% of whatever it was, but it was already reduced to 0.8x, what is 75% of 0.8x?

(75/100) * 0.8x, or 0.75 * 0.8x, which is 0.6x, now 0.6 * 100 is 60 to change it to percentage format, or 60% overall percentage reduction from the original price.
Final answer:

To calculate the overall percentage reduction on the price of the radio, we need to calculate the final price after both discounts. The first discount of 20% off reduces the price by 20/100 = 0.2. The second discount of 25% off reduces the price by 25/100 = 0.25. The overall percentage reduction is 40%.

Explanation:

To find the overall percentage reduction on the price of the radio, we need to calculate the final price after both discounts. The first discount of 20% off reduces the price by 20/100 = 0.2. So, the price after the first discount is 1 - 0.2 = 0.8 times the original price. The second discount of 25% off reduces the price by 25/100 = 0.25. So, the final price after both discounts is 0.8 * (1 - 0.25) = 0.8 * 0.75 = 0.6 times the original price.

To calculate the overall percentage reduction, we can subtract the final price from the original price, divide by the original price, and multiply by 100. The overall percentage reduction is ((1 - 0.6) / 1) * 100 = 40%.

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PLESEEE HELP I WILL GIVE THE BRAINLIEST TO THE BEST ANWSERS
Which word sentence represents the equation?



6(x + 3) = 42



A)The sum of 3 and six times some number is 42.

B)Three plus 3 times some number is 42.

C)Six times some number plus 3 is 42.

D)Six times the sum of a number and 3 is 42.

What is the solution set for 3+ 2 = 14, given the replacement set {1, 2, 3, 4} ?

A)x = 1B)x = 2C)x = 3D)x = 4

Answers

The answer to the first question is D.)

The 6 in front of the parentheses modifies both 'x' and 3

The answer to the second question is D.)

When you plug 4 into the equation, you get 14

3(4) + 2 = 14
12 + 2 = 14
14=14

Hope this helps!
the answers are D and D.

vertical angles are opposite angles with the same vertex
true or false

Answers

true 
Vertical angles are opposite angles with the same vertex 

Odette deposited $3,624.40 into a savings account with an interest rate of 2.1% compounded annual. About how long will it take for the account to be worth $7,000?

A. 31 years, 9 months

B. 30 years, 9 months

C. 28 years, 4 months

Answers

7000 = 3624*(1+0.21)^x

7000 = 3624 *1.021^x

7000/3624 = 1.021^x

875/453 = 1.021^x

xlog(1.021 = log(875/453

x = 31.677

 31 years 9 months


Answer:

Option A is the answer.

Step-by-step explanation:

p = 3624.40

r = 2.1% or 0.021

n = 1

t = ?

A = 7000

Compound interest formula is :

[tex]A=p(1+\frac{r}{n})^{nt}[/tex]

Substituting the values in formula:

[tex]7000=3624.40(1+\frac{0.021}{1})^{t}[/tex]

=> [tex]\frac{7000}{3624.40} =(1.021)^{t}[/tex]

=> [tex]1.93135=(1.021)^{t}[/tex]

[tex]t=\frac{log1.93135}{log1.021}[/tex]

=> t = 31.670 years.

Closest to option A.

Which pair of triangles are congruent by ASA ?

Answers

the answer for this question is D because it has an angle then a side measurement then it has another angle measurement

The pair of triangles that are congruent by ASA is figure C

The ASA theorem

Two triangles can be judged to be congruent using the ASA (Angle-Side-Angle) criterion. For triangles to satisfy ASA congruency:

Angle: The triangles' two matching angles have to coincide.Side: There must also be congruence on the included side that lies between the congruent angles.

Put otherwise, the ASA criterion determines that two triangles are congruent if two of their angles and the included side are congruent, respectively. For this criterion, the angles and sides' order matters.

Based on the explanations, hence the pair of triangles that are congruent by ASA is figure C

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A triangle has base 6 cm and area 42 cm^2 what is the height of the triangle

Answers

To find the area of a triangle, the formula is
A=bh/2
42=6h/2
Divide both sides by 6 giving you
h/2=7
Then, multiply by 2 on both sides giving you
h=14
The height then is 14 cm.
Final answer:

The height of the triangle is 14 cm.

Explanation:

To find the height of the triangle, we can use the formula for the area of a triangle: Area = 1/2 * base * height. In this case, the base is 6 cm and the area is 42 cm^2. By rearranging the formula, we can solve for the height: Height = 2 * Area / Base. Plugging in the values, we get Height = 2 * 42 cm^2 / 6 cm = 14 cm.

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What is the value of cos 45 degrees?
(answers in picture)

Answers

The answer will be b

The length of a rectangle is four times its width. If the perimeter is at most 100 centimeters, what is the greatest possible value for the width? Question 17 options:

Answers

if l=4w:
l=40, w = 10
40+40+10+10=100cm
anything bigger isn't allowed, so the width is 10cm

I have a box of nickels and dimes. When I counted the money, I was surprised to see that I have exactly $20. Then it occurred to me that, if my nickels were dimes and my dimes were quarters, I would have $46.25. How many dimes and nickels are in the box?

Answers

It depends. There could be ten dimes and twenty nickels or one dime and thirty-nine nickels. Maybe word this differently.

There are 150 nickels and 125 dimes in the box.

Let x = the number of nickels in the box

Let y = the number of dimes in the box

Firstly, we have to convert value of nickels and dimes into cents.

Value of 1 nickel = 5 cents

Value of 1 dime = 10 cents

Value of 1 dollar = 100 cents

Thus, the equation (1) (in cents) can be written as:

x + 2y = 400             Equation (1)

If my nickels were dimes and dimes were quarters:

A quarter is worth 25 cents.

Thus, the equation (2) (in cents) can be written as:

5x+10y =2000

5(x+2y)= 2000

x+2y = 2000/5

2x + 5y = 925             Equation (2)

Multiply Equation (1) by "2", we get:

10x +25y= 4625

5(2x+5y)=4625

2x+5y=4625/5

2x + 4y = 800        Equation (1)

Subtraction Equation (1) from Equation (2):

2x +5y-2x -4y=925-800

y= 125

2x + 5y = 925

2x + 5 × 125 = 925

2x + 625 = 925

2x = 925 - 625

2x = 300

x = 150

There are 150 nickels and 125 dimes in the box.

Here, we can check it by putting the value of x and y in Equation (1):

5x + 10y = 2000

5× 150 + 10 × 125 = 2000

750 + 1250 = 2000

2000 = 2000

There are 150 nickels and 125 dimes in the box.

Which term describes gross pay that is calculated based on the number of hours an employee has worked?

Answers

The term for this is Hourly wage. This can be then used for calculating the gross annual salary.

hope this helps you.

Answer: Hourly wage

Step-by-step explanation:

The term "hourly wage" describes the gross pay that is calculated based on the number of hours an employee has worked.

The hourly wage is the amount of money that is earned by a employee for every hour worked or it is the amount of money paid by employer for every hour worked.

Here, the gross pay is calculated by multiplying the hourly wage to the number of hours worked.

Use the graph shown to fill in the blank.

When x = -3, then y = a0.

Answers

All you need to do is read the value of y that corresponds to x=-3
you will find that:
y= -6 at x= -3
(0, -3)(-1,-4)

slope = (-3+4)/(0+1) = 1 and b = -3
so y = 7x - 3
when x= -3 then 
y = 1(-3) -3
y = -3 - 3
y = -6

answer
When x = -3, then y = -6

Important state labor laws and safety regulations came about as a result of the 1911 __________.
a. labor relations act
b. triangle shirtwaist factory fire
c. homestead strike
d. massachusetts child safety campaign

Answers

b. triangle shirtwaist factory fire

Answer:

Option B is correct.

Step-by-step explanation:

Important state labor laws and safety regulations came about as a result of the 1911 - Triangle shirtwaist factory fire

The Triangle shirtwaist factory fire was one of the worst industrial disasters during that time. Many people died due to a fire breakout in the factory. They could not escape the building and died due to smoke inhalation or burns.

After this incident, a Committee on Public Safety was formed that led to a legislation requiring labor laws and improved factory safety standards.

Simplify 7t · s · 3rt.

10rst
10rst2
21rst2

Answers

Putting it like 7*t*s*3*r*t and multiplying like terms using the commutative property, we get 21*t²*s*r or 21rst²

An expression is defined as a set of numbers, variables, and mathematical operations. The given expression 7t · s · 3rt, when simplified will be equal to 21rst². The correct option is C.

What is an Expression?

In mathematics, an expression is defined as a set of numbers, variables, and mathematical operations formed according to rules dependent on the context.

The given expression 7t · s · 3rt can be written as,

7t · s · 3rt

= 7 × t × s × 3 × r × t

= 21rst²

Hence, the given expression 7t · s · 3rt, when simplified will be equal to 21rst².

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For all real numbers a and b if a not equal to 0 and b not equal to 0 then a^2 + b^2 does not equal (a+b)^2

Answers

no the answer would be (a+b)^4 hope this helps you out

To take a taxi , it cost $3.00 plus an additional $2.00 mile traveled. you spent exactly $20 on a taxi, which includes the $1tip you left. how many miles did you travel?

Answers

Let's break it down. 
You spent $20. Plus the $1 tip. 
20 - 1 = 19 
$19 is how much you spent without the tip
The cost for the taxi ride itself is $3
19 - 3 = 16
$16 is how much you spent without the ride cost + tip
You spent $2 for every mile traveled.
16/2=8 

You traveled 8 miles




Does a negative minus a negative equal positive

Answers

Yes. As an example, (-5)-(-5) = -5+5=0
yeah. a two negative numbers equal a positive answer.

State a true conclusion. 1) If a ● b = 0, then a = 0 or b = 0 2) 3x = 0

Answers

Proposition 1) If a ● b = 0, then a = 0 or b = 0

Proposition 2) 3x = 0

=>  3 = 0 or x = 0

Given that 3 ≠ 0, x must be equal to 0.

Conclusion: x = 0

Answer:

x=0

Step-by-step explanation:

Proposition 1) If a ● b = 0, then a = 0 or b = 0

Proposition 2) 3x = 0

=>  3 = 0 or x = 0

Given that 3 ≠ 0, x must be equal to 0.

Conclusion: x = 0

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