Diane took a loan out for $3000 for 11 months and was charged a simple interest. The total interest she paid was $253. What’s her interest rate

Answers

Answer 1

Answer:

$300

Step-by-step explanation:

Answer 2

Diane's interest rate on the loan is approximately 8.43%.

Let's determine Diane's interest rate step by step.

1. First, we need to understand the formula for simple interest:

  Simple Interest (SI) = Principal (P) × Rate (R) × Time (T)

  where:

  P = Principal amount (initial loan amount)

  R = Interest rate (unknown, what we want to find)

  T = Time period in years

2. We have the following information from the problem:

  P = $3000 (Principal amount)

  SI = $253 (Total interest paid)

  T = 11 months

3. However, to use the formula, we need to convert the time from months to years. Since 1 year has 12 months, we can write:

  T = 11 months ÷ 12 months/year

     ≈ 0.917 years

4. Now, let's rearrange the formula to solve for the interest rate (R):

  R = SI / (P × T)

  Substituting the given values:

  R = $253 / ($3000 × 0.917) ≈ 0.0925

5. Finally, we need to convert the interest rate from a decimal to a percentage:

  R = 0.0925 × 100 ≈ 8.43%

So, Diane's interest rate on the loan is approximately 8.43%.

In summary, to find the interest rate, we used the simple interest formula and rearranged it to solve for the rate. We converted the time from months to years before calculating the interest rate. The result is approximately 8.43% interest rate, indicating the percentage of the principal that Diane had to pay as interest over 11 months.

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Related Questions

Josh bought seven boxes. A week later half of all his boxes were destroyed in a fire. There are now only 22 boxes left. With how many did he start? Please write an equation.

Answers

Answer:

Josh started out with 37 boxes.

Step-by-step explanation:

The answer is 37. He started out with 37

Im stuck on this anyone know it?

Answers

Answer:

The first one is correct

Step-by-step explanation:

NEED HELP ASAP WILL GIVE BRAINLIEST
Find the quotient: 11.28 divided by 4.7

Answers

Answer:

11.28 Divided by 4.7 equals 2.4.

Step-by-step explanation:

It's just simple division. Glad I could help though!

Answer:

2.4

Step-by-step explanation:

Use a graphing utility to graph the equation. Use the graph to approximate the values of x that satisfy each inequality.
y =
1
2
x2 − 2x + 1

Answers

Answer:

25

Step-by-step explanation:

12x2=24-2x+1=25-2x

25-2x=y

    (0)

25=y

6. Han followed these instructions to make the image. a. Given line), mark 2 points on the line b. Construct congruent circles a and b centered at the points on ). c. Construct line e through the intersection points of a and b. d. Construct circle e centered at 1 intersection point of a and ó. Mark the 2 intersection points of d'and. e. Construct aangruent carcles Anand i centered at the points on g. Construcline through the intersection points of Anand Write a statement about each pair of lines in this construction. (3 statements) pls help​

Answers

Three statements are as follows -

1. It is a straight line drawn with a straightedge and cuts across the lines.

2. Both drawn with the same compass width.

3. Corresponding parts of congruent triangles are congruent.

This construction works by using the fact that a transverse line drawn across two parallel lines creates pairs of equal corresponding angles. It uses this in reverse - by creating two equal corresponding angles, it can create the parallel lines.

This is how to construct a line parallel to a given line that passes through a given point with compass and straightedge or ruler. It is called the 'angle copy method' because it works by using the fact that a transverse line drawn across two parallel lines creates pairs of equal corresponding angles. It uses this in reverse - by creating two equal corresponding angles, it can create the parallel lines.

Hence the three statements of the image are -

It is a straight line drawn with a straightedge and cuts across the lines. Both drawn with the same compass width.

Corresponding parts of congruent triangles are congruent.

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−2/9−(−1/3÷3/5)

PLZZZZ ANSWER TEST

Answers

Answer:

The answer should be 1/3 Also known as 0.3333

your test is worth 100 points and theres 44 questions how many points is each question worth

Answers

Answer: ~ 2.27 points per question

Step-by-step explanation:

Want points/question.

So, we do 100 points / 44 questions

~ 2.27 points per question

divide 100 and 44
100/44 = 2.27
so the answer is 2.27 :)

Can you answer number 7

Answers

I think x= 62

Explanation step by step

Answer:

x= 62

Step-by-step explanation:

brainliest please

HELP LAST ATTEMPT!! marking as brainliest!

Answers

Answer:

i m not sure... whether it's correct or not......

bt I tried my best

2 (b) The line, L4, passes through the point (0,3)and is parallel to the line y - x + 3 = 0, find the equation of L4 -​

Answers

Answer:

y = x + 3

Step-by-step explanation:

→ Rewrite y - x + 3 = 0 in y = mx + c format

y = x - 3

→ Find the gradient of L4

1

→ Rewrite into y = mx + c format

y = x + c

→ Substitute in ( 0 , 3 )

3 = 0 + c

→ Find c

c = 3

→ Rewrite into y = mx + c

y = x + 3

Help with a b and c pleaseee I’ll give brainliest !

Answers

Answer:

b. 254.34

c. 3.33

that is the answer I suppose

Each big square below represents one whole. what percent is represented by the shaded area?

Answers

Answer:

175%

Hope this helps!

Explain the steps for dividing decimals. Write three or four sentences.

Answers

Answer:

(assuming we're deciding decimals by decimals)

Dividing decimals is alot like regular decimal dividing. First, you must move the decimal places so it becomes a whole number. This makes it easier and less confusing as steps go on. Now we can divide regularly as we go on, making sure to put the amount of decimal spots we moved back in the answer.

Answer:

The first step is to make the divisor a whole number by multiplying it by a power of 10. When you multiply the divisor by a power of 10, you must multiply the dividend by the same power of 10. Then divide. Check your answer using estimation.

Step-by-step explanation:

–27y • (–z) what is the answer

Answers

Step-by-step explanation:

27yz

that is the answer

brainiest please

Hello!

The answer is 27yz.

Why?

Because if we multiply a negative times a negative, we always get a positive number.

Hope this helps you!

~Just a joyful teen

[tex]SilentNature\\(GraceRosalia)[/tex]

Simplify this please: ^4√y^20

Answers

Answer: y^5

Step-by-step explanation:

In the picture

Rhombus PQRS with vertices P(-1,-3), Q(3,-4), R(4,-8) and S(0,-7)

A)Translation along the vector (4,10)
B) 90 (degrees) counterclockwise rotation about the origin.

Answers

A) Translation will slide all the points using the vector - add the vector to each point...
P’(3, 7), Q’(7, 6), R’(8, 2), S’(4, 3)

B) Rotation is tricky. 90 degrees will swap x with y and counterclockwise will reverse the sign of the new x
P’(-7, 3), Q’(-6, 7), R’(-2, 8), S’(-3, 4)

A clockwise rotation would swap the values and reverse the sign of the new y values
Half turn rotation would just reverse the values of all the coordinates

The school need to make $750 in order to cover all of their expenses.They estimate 200 students will come to the dance.If they made $150 from a fundraising bake sale what they need to charge per ticket to cover their cost?--

Answers

9514 1404 393

Answer:

  $3

Step-by-step explanation:

The cost that hasn't been covered by bake sale proceeds is ...

  $750 -150 = $600

If that cost is divided among 200 students, the amount each student needs to pay is ...

  $600/(200 students) = $3/student

They need to charge $3 per ticket.

Stanley runs, swims, and bikes every day. During these workouts, he runs at 9 mph, bikes at 16 mph, and swims at 2.5 mph. Yesterday, he ran for half an hour longer than he swam, and his biking time was twice his running time. How long did Stanley run, swim, and bike yesterday if the total distance he covered was 64 miles?
Chapter Reference
e
What distance did Stanley cover while biking?

Answers

The time spent for each activity can be found writing an equation based on

the known parameters.

The duration of the time Stanley spent running is 1.5 hoursThe duration of the time Stanley spent swimming is 1 hourThe duration of the time Stanley spent Biking is 3 hours

The distance Stanley cover while biking is 48 miles

Reasons:

The running speed = 9 mph

The biking speed = 16 mph

Swimming speed = 2.5 mph

The time spent running = 0.5 hour + Time spent swimming

Biking time = 2 × Running time

The total distance covered = 64 miles

Required:

Time spent running, swimming, and biking

Solution:

Let t represent the time Stanley spent swimming, we have;

(t + 0.5)·9 + 2.5·t + 2×(t + 0.5)×16 = 64

43.5·t + 20.5 = 64

43.5·t  = 64 - 20.5 = 43.5

[tex]t = \dfrac{43.5}{43.5} = 1[/tex]

The time Stanley spent swimming, t = 1 hour

The time Stanley spent running = 0.5 + t

Therefore;

The time spent running = 0.5 hour + 1 hour = 1.5 hour

Time spent running = 1.5 hours

Time spent biking = 2 × Running time

Therefore;

Time spent biking = 2 × 1.5 hours = 3 hours

The distance Stanley cover while biking, d = 3 × 16 mph = 48 miles

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The given diagram shows a construction completed using a straightedge and a compass.
B
À
E
The diagram shows the construction
If m ABC is 249, then m FDE is

Answers

Answer:

angle bisected of angle abc

24 degrees

Step-by-step explanation:

Answer:

Step-by-step explanation:

Tell me if im right

Which equation represents the line that passes through C(2,4) and is perpendicular to the graph of y=1/3x-1?

Answers

Answer:

Step-by-step explanation:

y=-3x + b   the slope is the negative inverse of 1/3

4=3(2) + b

b =-2

the equation is

y=-3x - 2

slope is the negative inverse.  You find the y intercept, b, by plugging in the point (2,4) to get 4=3(2)+b

solve pls brainliest

Answers

Answer:

Step-by-step explanation:

3.92,

I need to know if 3750 is right or wrong cause I think that’s the answer

Answers

It’s wrong.

The surface area means the area of the outside of the cube.

The area of a square is just width x height. And we are told one of the sides is 5.

A square has all equal sides. So what’s 5x5? then times that by the number of squares

I’ll put the answer in the comments

What are the coordinates of the point?
(3,6)
(6, – 3)
(-3, -6)
(-3,6)

Answers

Answer:

The answer is D ( the last option in your list of possible answers. -3,6)

Answer:

(-3,6)

Step-by-step explanation:

It goes backwards 3 units to the left meaning the x value is negative 3. It goes up 6 meaning the y value is 6. Plug the values into (x,y) and you get (-3,6)

When converted to a household measurement, 9 kilograms is approximately equal to a

Answers

What is 317.466 ounces or 19.8 pounds

1kg in household measurement is equal to 35.274 ounces.

So, 35.274*9= 317.466 ounces

317.466/16= 19.8 pounds

Answer:

D) 19.8 lbs

Explanation:

1kg in household measurement is equal to 35.274 ounces. 35.274*9=317.466 ounces.

1kg is also equal to 2.205 lbs. 9*2.205=19.8416

9 kg is also equal to 9000 grams, but grams are not a part of the household measurement system

a) 9000 grams. b) 9000 ounces. c) 19.8 ounces. d) 19.8 pounds.

This leaves us with 19.8 lbs

Solve for me please

Answers

Answer:

[tex]{ \rm{10x + 5y + 2z = 5}} \\ { \rm{4x - 5y - 5z = 8}} \\ { \rm{3x + 5y + 4z = 1}}[/tex]

• First find x

[tex]{ \rm{10x = 5 - 5y - 2z - - - (i)}}[/tex]

• Find y

[tex]{ \rm{4x = 8 + 5y + 5z - - - (ii)}}[/tex]

• Find z

[tex]{ \rm{3x = 1 - 5y - 4z - - - (iii)}}[/tex]

equate the three equations:

[tex]{ \rm{0z - 10= 2y}} \\ \\ { \boxed{ \bf{y = - 5}}}[/tex]

Find z

[tex]{ \rm{z = ( - 1 \times - 5)}} \\ \\ { \boxed{ \bf{z = 5}}}[/tex]

Find x

[tex]{ \rm{3x + 5y + 4z = 1}} \\ \\ { \rm{3x - 25 + 20 = 1}} \\ \\ { \rm{3x = 6}} \\ \\ { \boxed{ \bf{x = 2}}}[/tex]

the force (F) needed to cause the acceleration (a) of an object of mass, m, is given by the equation, F = ma where m is the objects mass. if a 12-newton force causes the object to accelerate to 3 m/s2 , what is the object's mass? the unit for this mass is kg.

help me pls /ᐠ。ꞈ。ᐟ\​

Answers

Answer: According to Newton s Second Law of Motion, also known as the Law of Force and Acceleration, a force upon an object causes it to accelerate according to the formula net force = mass x acceleration. So the acceleration of the object is directly proportional to the force and inversely proportional to the mass.

Step-by-step explanation:

If F = ma where m is the objects mass. if a 12-newton force causes the object to accelerate to 3 m/s2 , then the mass in kg of the objects is 4 kg

What is Force?

When a body tends to modify or change the state by an external cause, it is called Force.

Given:

F=ma

Where,

F = Force (N)

m = mass (kg)

a = acceleration (m/s²)

If

F = 12-Newton

m = 3 m/s²

a = ?

F = ma

12 = m × 3

12 = 3m

divide both sides by 3

m = 12/3

m = 4 kg

Therefore, the mass in kg of the objects is 4 kg

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A cylinder with a radius of 10ft has a volume of 2, 198.0013
What is the height of the cylinder

Answers

Answer:

~7 ft

Step-by-step explanation:

2,198.0013 = pi × 10^2 × h

h = 2198.0013 / (3.1416 × 100)

h = 6.996 ft ~ 7 ft

Please help me with this question❤️ thanks

Answers

Answer:

70

Step-by-step explanation:

that can be 30 ft

list five rational numbers between -4/5 and -2/3 . Please tell by step by step explaintion ​

Answers

9514 1404 393

Answer:

  -0.67, -0.68, -0.69, -0.70, -0.71

Step-by-step explanation:

There are an infinite number of ways to do this.

Perhaps the simplest is to do it in decimal.

 -4/5 = -0.8

  -2/3 = -0.666... (repeating 6)

Any negative decimal number between these values will do. For example, ...

  -0.67, -0.68, -0.69, -0.70, -0.71

__

If you want to choose fractions that are evenly spaced between the given values, you can find their difference, then divide that difference into 6 parts (1 more than the number of numbers you need).

  -2/3 -(-4/5) = 4/5 -2/3 = (12 -10)/(5·3) = 2/15 . . . . length of interval

  1/6 of this difference is ...

     (1/6)(2/15) = 2/90 = 1/45

The interval end point nearest 0 is ...

  -2/3 = -30/45

so the 5 intermediate values will be that value with -1/45 repeatedly added:

  -31/45, -32/45, -33/45 = -11/15, -34/45, -35/45 = -7/9

_____

Additional comment

The fractions we came up with could be referred to as "5 arithmetic means between -2/3 and -4/5." There is nothing in the problem statement suggesting the values need to be evenly spaced.

When doing this in decimal, you can obtain a new value simply by adding more digits to the decimal fraction:

  -0.68, -0.685, -0.6853, -0.68531, -0.799

Solve for x.
x = [?]
5x - 7/. 3x + 27

Answers

Step-by-step explanation:

5x-7+3x+27=180

8x+20=180

8x=160

x=20°.

hope this helps you.

Answer:

[tex]5x - 7 + 3x + 27 = 180 \\ 5x + 3x + 27 - 7 = 180 \\ 8x + 20 = 180 \\ 8x = 180 - 20 \\ 8x = 160 \\ d \: b \: s \: by \: 8 \\ 8x \div 8 = 160 \div 8 \\ x = 20[/tex]

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