Question

Find the total amount that must be repaid on the following note described.

$8,533 borrowed at 15.5% simple interest

What is the total amount to be repaid 3 years, 125 days later? (Round your answer to the nearest cent.)

Expert Answer

Want to see the step-by-step answer?

Check out a sample Q&A here.

Want to see this answer and more?

Experts are waiting 24/7 to provide step-by-step solutions in as fast as 30 minutes!*

*Response times may vary by subject and question complexity. Median response time is 34 minutes for paid subscribers and may be longer for promotional offers.
Tagged in
Math
Algebra

Other

Related Algebra Q&A

Find answers to questions asked by students like you.

Q: Lucy took three tests. If her median score was 88, her mean score was 87, and the range was 11, what...

A: Given:Median = 88Mean = 87Range = 11

Q: how do i combine 3/8 + 2/8?

A: Click to see the answer

Q: The simplest way to examine a graphed linear equation is when it is in the slope-intercept form. Eve...

A: Given,

Q: By using the elimination method

A: According to the given information it is required to solve the given set of equations using eliminat...

Q: Determine the center and radius of each circle and sketch the graph  x^2+6x+y^2+8y=0

A: Given,

Q: The cost of petrol rises by 2 cents a liter. last week a man bought 20 liters at the old price. This...

A: Given:

Q: Divide me by 7, the remainder is 5. Divide me by 3, the remainder is 1 and my quotient is 2 less tha...

A: Given:Divide me by 7, the remainder is 5. Divide me by 3, the remainder is 1 and my quotient is 2 le...

Q: The ratio of base to height of a equilateral triangle is 3:4. If the area of the triangle is 6, what...

A: The ratio of base to height of a equilateral triangle is always 2:√3 and never 3:4.

Q: The students of a class are made to stand in rows. If 3 students are extra in a row, there would be ...

A: Given: The students of a class are made to stand in rows. If 3 students are extra in a row, there wo...

Q: Let β ={x1,...,xn} be a subset of Fn containing n distinct vectors, and let B denote the element of ...

A: Assume that β ={x1,...,xn}  is a basis for Fn.Let B denote the element of Mnxn (F) whose jth column ...

Q: Solve the following pair of linear equations by the substitution method. The larger of two supplemen...

A: given:

Q: Find the relation between a, b, c and d for which the equations ax + by = c and cx +dy = a have a un...

A: Given: Find the relation between a, b, c and d for which the equations ax + by = c and cx +dy = a ha...

Q: How do I solve with proper unit conversion?

A: Given:

Q: how many miles will a person run during a 10-kilometer race?

A: Click to see the answer

Q: Formulate the following problems as a part of equations, and hence find theirsolutions.Ressa can row...

A: First of all, use the speed-distance formula to calculate speed of rowing in downstream and upstream...

Q: Nik needs to estimate how many books will fit in a bin. Each book is 1 ft tall, 0.5 ft wide, and 0.1...

A: Given, dimensions of book and bin.

Q: find domain of f(x)=-5x+2

A: Recall the following fact.

Q: A store owner wants to sell 200 pounds of pistachios and walnuts mixed together. Walnuts cost 4 doll...

A: Let x pounds of Pistachios is mixed with y pounds of Walnuts.

Q: please show step by step for the following? Solve for Q: T=Q+Qiy

A: Factor out Q from the right side of the equation.

Q: A rectangular garden has an area of 14 m2 and a perimeter of 18 meters. Find the dimensions of the r...

A: A rectangular garden has an area of 14 m2 and a perimeter of 18 meters. Find the dimensions of the r...

Q: Evaluate when c equals 4 c2+6c+8

A: Plug c=4 in the given expression.

Q: Solve the following pair of linear equations by the substitution method. The taxi charges in a city ...

A: Let the fixed charge = Rs.xAnd the charge per km= Rs.y

Q: How do you answer 69?

A: Given:

Q: If you are going 379 miles what is that in kilometers? and if you can go the speed of 65mph, how man...

A: Click to see the answer

Q: One ounce of solution X contains only ingredients a and b in a ratio of 2:3. One ounce of solution Y...

A: Click to see the answer

Q: A shark was caught whose tail weighted 200 pounds. The head of the shark weighted as much as its tai...

A: Let H, T and B denote head, tail and body of the shark respectively,

Q: Solve 23x – 29y = 98                             29x – 23y = 110.

A: Given the linear equations

Q: I cant figure out this question.

A: The equation of annual profit of Elijah is given:

Q: Zoey wants to use her iPad throughout a 6-hour flight. Upon takeoff, she uses the iPad for 2 hours a...

A: According to the given information:Zoey has her iPad throughout a 6 hours flight. For 2 hours 25% of...

Q: Let A and B be n x n matrices such that AB is invertible. Prove that A and B are invertible. Give an...

A: Click to see the answer

Q: 6y(5y-6)-5(5y-6)^2 factor

A: Factor the given expression.

Q: Peter has a photograph that is 5 inches wide and 6 inches long. She enlarged each side by the same a...

A: Given,Peter has a photograph that is 5 inches wide and 6 inches long.Let x be the amount that she en...

Q: What is mLSQR? P. S. 2x 3х m ZPQR = 80° %3D MZSQR equation: %3D

A: Given that angle PQR = 80 degree.

Q: The top of a box is a rectangle with a perimeter of 72 inches. If the box is 8 inches high, what dim...

A: Given:The box (or cuboid) has the height 8 inches(i.e. h = 8 in.) and the perimeter of the top of bo...

Q: A says to B my present age is five times your that age when I was an old as you are now. It the sum ...

A: Given:A says to B my present age is five times your that age when I was an old as you are now. It th...

Q: A customer pays 50 dollars for a coffee maker after a discount of 20 dollars.What is the original pr...

A: Given that the customer pays 50dollafor a coffee maker after a discount of  dollars.

Q: A chicken farmer surveyed his flock with the following results (Assume that all chickens are thin or...

A: Consider the provided information, a chicken farmer surveyed his flock and found the following resul...

Q: Given the linear equation (2x+3y – 8=0), write another linear equation in two variables such that th...

A: i) Given, 2x+3y – 8=0 To have intersecting line ax+by+c=0 we must have: 

Q: Solve the following pair of linear equations by the substitution method.x+ y = 14x – y= 4

A: The given pair of linear equations are,

Q: Prove that if T is a unitary operator on a finite-dimensional inner product space, then T has a "squ...

A: It is given that T is a unitary operator on a finite dimensional inner product space.