Colin borrowed some money at 7.16%/a compounded quarterly. Three years later, he paid $5000 toward the principal and the interest. After another two
he paid another $5000. After another five years, he paid the remainder of the principal and the interest, which totalled $5000. How much money
did he originally borrow?

Answers

Answer 1

Based on the calculations below, the amount originally borrowed by Colin is $10,006.67.

How do we calculate the original amount using PV formula?

To solve this question, the following present value (PV) formula will be used:

PVn = Pn / (1 + r)^n ........................... (1)

Where:

PVn = Present value of an amount paid in year n

P = Amount paid in year n

r = quarterly interest rate = 7.16% / Number of quarters in a year = 0.0716 / 4 = 0.0179

n = number of quarters = Number of years * Number of quarters in a year = Number of years * 4

Using equation (1), we can therefore proceed as follows:

PV3 = PV of $5,000 paid after three years = $5,000 / (1 + 0.0179)^(3 * 4) = $4,041.18

PV5 = PV of $5,000 paid after another 2 years (after 3 years + 2 years = 5) = $5,000 / (1 + 0.0179)^(5 * 4) = $3,506.45

PV10 = PV of $5,000 paid after another 5 years (after 3 years + 2 years + 5 years = 10) = $5,000 / (1 + 0.0179)^(10 * 4) = $2,459.04

Therefore, we have:

Original amount borrowed = PV3 + PV5 + PV10 = $4,041.18 + $3,506.45 + $2,459.04 = $10,006.67

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Related Questions

Which of the following are good ideas to use when gathering your resources?
Check all that apply.
A. Write down the facts.
B. Organize into a table.
C. Guess at the solution and see if you are close.
D. List potential formulas.
E. Form an equation.
F.Draw a diagram.

Answers

Answer:

a, b, d, e

maybe c

Step-by-step explanation:

As the sample size increases, the margin of error _____.

Answers

As the sample size increases, the margin of error decreases.

What is margin of error?

A margin of error is known to be a statistical measurement that states the difference between apparent and projected results in a random sample survey.

From the formula:

MOE = z × √σ²/n

Where

σ = standard deviation

z = quantile

n = sample size

MOE = margin of error

From the formula, sample size is inversely proportional to the margin of error.

Hence, as the sample size increases, the margin of error decreases.

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Which of the following is a trinomial?
OA. √11x-7
OB.
B. X-1
8
OC. 2x+4
OD. 5x2+3x+6

Answers

Answer: OD

Explanation: The expression has 3 terms. 5x^2, 3x, and 6

5x² + 3x + 6 is the only trinomial from the given expressions

What is Expression?

An expression is combination of variables, numbers and operators.

A trinomial is a polynomial with three terms. In the given options, we need to identify the expression that has exactly three terms.

√11x - 7, has two terms: √11x and -7.

It is not a trinomial because it doesn't have three terms.

x - 1, has two terms: x and -1.

It is not a trinomial for the same reason as option OA.

2x + 4, has two terms: 2x and 4.

It is not a trinomial because it doesn't have three terms.

5x² + 3x + 6, has three terms: 5x², 3x, and 6.

It fits the definition of a trinomial because it has three terms.

Therefore, 5x² + 3x + 6, as it is the only expression among the options that is a trinomial.

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Point Q is on line segment PR . Given PQ=16 and PR=19, determine the length of QR

Answers

Answer:

QR = 3

Step-by-step explanation:

given that Q is on the segment PR , then

PQ + QR = PR ( substitute values )

16 + QR = 19 ( subtract 16 from both sides )

QR = 3

The calculated length of the segment QR is 3 units

How to determine the length of the segment QR

From the question, we have the following parameters that can be used in our computation:

Point Q is on line segment PR

PQ = 16 and PR = 19

using the above as a guide, we have the following:

PQ + QR = PR

substitute the known values in the above equation, so, we have the following representation

16 + QR = 19

So, we have

QR = 19 - 16

Evaluate

QR = 3

Hence. the length of the segment QR is 3

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what is the term to term rule of 3,6,17,48,87​

Answers

Answer:

term to term rule. • a rule that defines the value of each term in a sequence. if the previous terms are known, e.g. the Fibonacci sequence. xn = xn-1 + xn-1.

Step-by-step explanation:

To work out the term to term rule, give the first term and then the pattern. The first term is 17, and the pattern is to subtract 3 each time, so the term to term rule is 'start at 17 and subtract 3'. The next two terms of the sequence are 5 and 2, giving the sequence as: Question.

A pendulum is raised to a certain height and released from point A, as shown in the image below. At its release, the pendulum is also given an initial velocity of 14 m/s. Assuming that the effects of friction and air resistance can be ignored, what will be the maximum height that the pendulum can reach - that is , what is the height at point B? (Recall that g = 9.8 m/s2.)

Answers

Answer:

  D.  20 m

Step-by-step explanation:

The potential energy at Point B will be the sum of the potential and kinetic energies at point A.

__

energy formulas

For mass M, the potential energy at h meters above a rest height is ...

  PE = Mgh

The kinetic energy of mass M with velocity v is ...

  KE = 1/2Mv²

point A energy

A pendulum with mass M launched downward at v = 14 m/s will have a total energy of ...

  PE +KE = M(9.8 m/s²)(10 m) +1/2(M)(14 m/s)² = M(98 +98) = 196M J/kg

point B energy

When the pendulum comes to rest at point B, its energy will all have been converted to potential energy. Then the height at point B is given by ...

  PE = Mgh

  196M J/kg = M(9.8 m/s²)h

  h = (196M)/(9.8M) m = 20 m

The height of the mass at point B will be 20 meters.

Two points are:

A. always collinear and always coplanar.

B. always collinear and sometimes coplanar.

C. sometimes collinear and sometimes coplanar.

D. sometimes collinear and never coplanar.

Answers

You can always draw a straight line between two points, so 2 points are always collinear.
However, coplanar means that the two points fall within the same plane. If you’re describing two different points from two different planes, they wouldn’t be collinear, but if they were on the same, they would be collinear.
We can conclude from this information that the answer is B.

Hope this helps!

What is the length of the line?

Answers

Answer:

5 units

Step-by-step explanation:

Use Pythagorean Theorem

x = 4 units     y = 3 units

4^2 + 3^2 = L^2

16 + 9 = L^2

L = 5

Answer:

5 units

Step-by-step explanation:

By the Pythagorean theorem:

c² = a² + b²

c = length of the line

a = 4

b = 3

Then:

c² = 4² + 3²

c² = 16 + 9

c² = 25

√c² = √25

c = 5

what is the area of the base?

Answers

What base? I don’t see any photos attached from my side

Based on the graph how many distinct real numbers solutions does the equation X^3 + 6x^2 + 12x + 8 = 0 have?

Answers

Answer:

no real roots

Step-by-step explanation:

Find discriminant of quadratic equation:

A

= 62 - 4aC

2 Identify a,b,c

Identify a,b,c through coefficient:

a

b

C

6

= 12

8

Substitute and calculate

Substitute the value of a,b,c and calculate

discriminant (b2 - 4ac) :

-48

Determine number of solution Determine number of solution with

discriminant:

no real roots

Choose the best answer

-3a>0 and 8-9a<-19

Answers

Answer:

The first option

Step-by-step explanation:

the sign only flips when there is a negative number.

i hope this is correct

pls help me dis is due at 3:00 pm 2day ASAP attachment above ^
|​

Answers

Answer:

s=0.20p

Step-by-step explanation:

20% off an product means to subtract 20% of the original price from the original price.

In a scale drawing, 3 inches
represents 10 miles. How many
inches represent 45 miles?

Answers

Answer:

13.5 inches

Step-by-step explanation:

3inches:10 miles

x inches: 45 miles

do cross multiply:

3*45=135

10*x=10x

so 135=10x

x=13.5 inches

Cross multiply, 3:10, x:45 10x/10 : 135/10 x = 13.5
Answer: 13.5

Enter the coordinates of the point
on the unit circle at the given angle.
330°
(-)
[?]

Answers

Answer: [tex](\frac{\sqrt{3} }{2} ,-\frac{1}{2} )[/tex]

Step-by-step explanation:

this forms a 30 degree reference angle

and this is in the 4th quadrant

When the angle is 30 degrees, the coordinates are:

[tex](\frac{\sqrt{3} }{2} ,-\frac{1}{2} )[/tex]

The coordinates of the point on the unit circle will be ((√3) / 2, - 1/2).

How to convert the polar coordinate to a cartesian coordinate?

The polar coordinate system in geometry is a two-dimensional latitude and longitude that uses the distance from a reference point and the angle from an optical axis are used to identify each point's location on a plane. This polar axis is the ray emanating from the pole in the direction of the point of comparison, which is referred to as the pole.

The cartesian coordinate is (x, y) and polar coordinate is (r, θ). Then the relation is given as,

x = r cos θ

y = r sin θ

The angle is 330° and the radius is one. Then we have

x = 1 x cos 330°

x = (√3) / 2

y = 1 x sin 330°

y = - 1/2

The coordinates of the point on the unit circle will be ((√3) / 2, - 1/2).

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What are the correct trigonometric ratios that could be used to determine the length of ln? check all that apply. sin(20°) = startfraction l n over 8 endfraction cos(70°) = startfraction 8 over l n endfraction tan(70°) = startfraction l n over m n endfraction sin(20°) = startfraction 8 over l n endfraction cos(70°) = startfraction l n over 8 endfraction

Answers

The correct answer is option E which is Cos ( 70 ) = [tex]\dfrac{LN}{8}[/tex].

The complete question is attached with the answer below:-

What is trigonometry?

The branch of mathematics sets up a relationship between the sides and the angles of the right-angle triangle is termed trigonometry.

As we can see from the figure that ∠L = 70 and ∠M = 20 We can see that the length LN will be calculated as:-

Cos 70 = Base / Hypotenuse

So for an angle of 70, the base is LN and the hypotenuse is equal to 8 units.

Cos 70 = LN = 8

Therefore the correct answer is option E which is Cos ( 70 ) = [tex]\dfrac{LN}{8}[/tex].

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Answer:

A & E

Step-by-step explanation:

Jus took it on edge


hannah and andrea were selling tickets to the homecoming dance. they were set up in different
locations, and while andrea sold h number of homecoming tickets, hannah sold 3h. what
information can we gather about the relationship between how many tickets andrea sold and how
many hannah sold?

Answers

The relationship between the number of tickets is that Hannah sold three times as many tickets as Andrea.

How to determine the relationship?

From the question, we have:

Andrea = h

Hannah = 3h

This means that:

Hannah = 3 * Andrea

So, the relationship is that Hannah sold three times as many tickets as Andrea.

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A bag contains 8 red m&m's, 3 brown m&m’s, and 7 green m&m’s. Draw one m&m what’s the probability of drawing a brown m&m?

Answers

Answer:

8+3+7=18

probability of brown m&m is

[tex] \frac{3 }{18 } [/tex]

PLEASE ANSWER ASAP!!!!!!!!!!!! MUCH APPRECIATED!!

Answers

Based on the amount being deposited into the account each month, and the interest, the account will triple in value on 25 months..

When will the value of the account triple?

First find the value of the account when tripled:

= 1,000 x 3

= $3,000

We can then use a spreadsheet to find the number of periods it will take to triple.

Convert the interest to a monthly figure as:

= 3.15% / 12

= 0.2625%

When you put the figures into the spreadsheet as shown, the number of months would be 25 months.

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Write this percentage as a fraction in its simplest form. 96 %
(pls)

Answers

Answer:

24/25

Step-by-step explanation:

96%=0.96. 96/100=48/50=24/25


The length of each side of a square is 8.5 cm rounded to 1 decimal place.
Write the error interval for the perimeter, p, in the form a _< p

Answers

Answer:

make it more clear its not clear enough to understand the question

find the equation of a line that is parallel to y=3x+6 and passes through A
) (0,-2) B. (2,5) C.(4,1)

Answers

Answer:

Step-by-step explanation:

We'll look for an equation with the form y=mx+b, where m is the slope and b is the y-intercept (the value of y when x=0.

A line parallel to y=3x+6 will have the same slope, 3.

We can write y=3x+b.  Any value of b can be used to generate a parallel line.  

If we want that line to go through a specific point, such as (0,-2), we need to find a value of b that shifts the line so that it includes (0,-2).  This can be done by using that point in the equation y=3x+b:

y=3x+b

-2=3*(0)+b  for point (0,-2)

b = -2

The equation becomes y=3x-2

See the attached plot.

===========================

Do that same thing for the remaining two points.  

For B:  (2,5) The equation is y=3x-1

For C:   (4,1) The equation is y=3x-11

Anne wants to create a data display to summarize prices of the 264 homes for sale in her area.

Answers

The data display that  is best for Anne's purpose is: D. a histogram, because the bars show the frequency of data points within different ranges.

What is histogram?

Histogram is a graph that help to  the following into different rages

Distribute dataGroup and organize  dataDisplay frequency distributionSummarize data etc.

Based on the data given Anne should make us of histogram based on the fact that the graph shows the frequency of the data points that are within different ranges.

 Therefore the correct option is D.

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last and final one for the school year lol

Answers

Answer:

X=-46

Step-by-step explanation:

-(-46-10)

-(-56)

56 degrees

Which of the following is the square of a binomial?
A. 4m^2 - 6mn + 9n^2, B. 16x^2 + 24xy + 9y^2, C. c^2 - 2cd - d^2, D. a^2 + b^2.

Answers

All options except Option D , a² + b²  , is the square of the binomial.

What is a Binomial ?

A polynomial that contains only two term is called a Binomial.

The sum of square of a binomial is the sum of square of the first term , square of second term and twice of the product of the first and second term.

(a+b)² = a² +b² +2ab

(a-b)² =  a² +b²-2ab

The options have to be broken down into this form to check whether they are square of a binomial

Option A : 4m² - 6mn + 9n² = (2m -3n)²

Option B:  16x² + 24xy + 9y²=(4x+3y)²

Option C : c²- 2cd - d²=(c-d)²

Option D : a² + b² cannot be written as the square of binomial.

All options except Option D is the square of the binomial.

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In the figure below, find the exact value of y. (Do not approximate your answer.)

Image is attached, this is for a mastery grade, please help!

Will give brainliest to first right answer! Thank you!

Answers

The exact value of the y in the similar right triangle is 2.2360679775 units

How to find the side of a triangle?

The triangles are similar.

Similar triangles have corresponding sides of equal ratio.

The corresponding angles of similar triangle are equal.

Therefore, using similar ratio,

y / 5 = 1 / y

cross multiply

y × y = 5 × 1

y² = 5

square root both sides

y = √5

Therefore,

y = 2.2360679775 units

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Answer:

Step-by-step explanation:

Givens

Observe the small triangle at the right. The smallest side is one.

The hypotenuse is y

In the largest tringle, the hypotenuse is 5

The smallest side is y

You can set up a ratio for this situation

Equation

smallest side -  smallest triangle       Largrest triangel -- largest side

============================         =========================

hypotenuse - smallest triangle            hypotenuse -- largest triangle

1/y = y / 5                   Cross Multiply

Solution

y^2 = 1*5                    Take the square root of both sides.

√y^2 = √5

y = √5

or

y =

Help to solve give brainliest

Answers

Answer:

(B) 32

Step-by-step explanation:

equation of The line L : y = -(1/2)x + 6

A(8 , b) ∈ L  then b = -(1/2)(8) +6 then b = -4 + 6 = 2

Therefore ,

A(8 , 2)

AB = 2

CD = 6

BC = 8

…………………………………………

Area of the trapezoid ABCD

= (CB÷2)×(AB + CD)

= (8÷2)×(6+2)

= 32

cindy bought 7/8 yards of ribbon at the craft store . jacob bought 4/5 the length of ribbon as cindy. how many yards of ribbon did jacob buy.

Answers

Answer:

7/10

Step-by-step explanation:

EASY QUESTION Miguel plots points A, B, and C in the coordinate plane.

Answers

A. Distance between A and B is: 5 units.

B. Triangle ABC is not an equilateral triangle because only two of its sides are equal.

What is an Equilateral Triangle?

An equilateral triangle has three sides that have the same length.

Given the vertices with their coordinate points as:

A (-3, 2)

B (-6, -2)

C (0, -2)

Use the distance formula, [tex]d =\sqrt{(x_2 - x_1)^2 + (y_2 - y_1)^2}[/tex], to find AB, BC, and AC:

AB = √[(−6−(−3))² + (−2−2)²]

AB = √25

AB = 5 units

BC = √[(−6−0)² + (−2−(−2))²]

BC = √36

BC = 6 units

AC = √[(−3−0)² + (2−(−2))²]

AC = 25

AC = 5 units

Only two of the sides of the triangle, AB and AC, are equal. Therefore, it is not an equilateral triangle.

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Does the table represent a function? Why or why not?
X
y
4
5
OA. Yes, because there is the same number of x-values as y-values.
B. Yes, because every x-value corresponds to exactly one y-value.
C. No, because two of the y-values are the same.
O
D. No, because one x-value corresponds to two different y-values.
579
03232

Answers

The correct answer is option D which is No because one x-value corresponds to two different y-values.

What is a function?

A function in mathematics set up a relationship between the dependent variable and independent variable. on changing the value of the independent variable the value of the dependent variable also changes.

We can see from the table that the value of x at 5 is giving two different values of y that is 2 and 3. For a function, it is not possible to have two different outputs for the same input.

Therefore the correct answer is option D which is No because one x-value corresponds to two different y-values.

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What is the exact value of x

Answers

x = 6(√2)

Step 1:

Say, 6 is perpendicular and x is the hypotenuse.

Step 2:

As we know sine is the ratio of perpendicular and hypotenuse.

∴ [tex]sin 45 = \frac{perpendicular}{hypotenuse}=\frac{6}{x}[/tex] ......................................(1)

Step 3:

As we know, sin45 = 1/√2

∴ put the value in equation 1

⇒ [tex]\frac{1}{\sqrt{2}} = \frac{6}{x}[/tex]

By solving the above equation, we get,

x = 6(√2)

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