If a loan of 5000 naira is given at a rate of 5% of 8 months find the amount

Answers

Answer 1

Answer:

Answer:

S=5000(1+(0.05)(8)).

Step-by-step explanation:

The loan is 5000, the rate is 5% and years are 8. So the amount is 7000. To find amount we use formula, S=P(1+ni). P is 5000 which is a loan. N is a number of years and i is the rate of interest. So by putting values in the formula, S=5000(1+(0.05)(8)).

Answer 2

Answer:

Answer:

Step-by-step explanation:

Related Questions

What is the volume of the prism? NEED HELP
What is the answer to 3b+b+6
The moon is about 240,000 miles from earth. What is the distance written as a whole number multiplied by a power of ten
Rewrite 5 − 6 using the additive inverse and display the new expression on a number line
Solve 2x2 + 12x − 14 = 0 by completing the square, options: A. 2(x + 6)2 = 26; x = −6 + square root 13, x = −6 − square root 13 B. 2(x + 6)2 = 20; x = −6 + square root 20, x = −6 − square root 20 C. 2(x + 3)2 = 32; x = 1, x = −7 D. 2(x + 3)2 = 32; x = 13, x = 19

Seth walks 1 1/4 miles in 5/12 hour. what is seth's unit rate?

Answers

49. Seth walks 1 ¼ miles in 5/12 hour. Let us solve for the Unit rate of Seth base on the given data.=> 1 and ¼ miles, convert this to decimals=> 1 and ¼ miles = 1.25 milesNext, convert the hour=> 5 / 12 hours = 0.42 hoursNext to do is to divide the miles in hours to be able to get the final unit rate of Seth:=> 1.25 / 0.42=> 2.97 miles/hour or 3miles per hour.

A carpenter has a board 18 1/2 feet long. He needs to cut as many 1 3/4 feet-long pieces as possible. How many pieces can the carpenter cut? Explain how you how you found your answer

Answers

the answer is 10 4/7 you have to divide 18 1/2 by 1 3/4

ChitChat Wireless charges $0.30 per minute plus a monthly base fee. In September Maggie used 120 minutes and her bill was $51. Write and solve and equation to find the cost of Maggie uses 165 minutes in October.

Answers

The total cost for the month of October will be $64.5

Step-by-step explanation:

Given,

September charges = $51

Minutes used = 120 minutes

Cost per minutes = $0.30

Cost of 120 minutes = 120*0.30 = $36

Let,

Monthly fee = x

Monthly fee + 120 minutes charges = 51

x+36=51

Subtracting 36 from both sides

$x+36-36=51-36\nx=15$

The company charges $15 monthly fee.

Minutes used in October = 165 minutes

Let,

y be the total cost for October.

Monthly fee + minutes*per minute charges = Total cost for October

x+165*0.30=y

$15+49.5=y\n64.5=y\ny=\$64.5$

The total cost for the month of October will be $64.5

Keywords: linear equation, subtraction

Learn more about subtraction at:

#LearnwithBrainly

A number x increased by 6 and the the sum is doubled

Answers

That can be expressed as 2(x+6).

I need to know how to simplify

Answers

All you gotta do is add 27 to 9, and you get 36. Then divide 36 by 3/4, or 0.75, and you get 48. Your just taking the problem and turning it around, or doing everything backwards.

Which inequality is equivalent to 8 < 3x – 4(2x – 5)?

Answers

8<-5x+20 is one possible answer. it depends on how they are writing it. you need to do the distributed property.

Other Questions

during a 20%of sale,the sale price of an mp3 alarm clock was 35.96 what was the regular price of the radio

What is the greatest possible whole number remainder if you divide any number by 41?

A number is chosen at random from 1 to 10.Find the probability of not selecting a multiple of 3.

A number is equal to the sum of half a second number and 3. The first number is also equal to the sum of one-quarter of the seconds number and 5 what which equation can show this x represent the second number