anonymous
  • anonymous
HELP!!! A student borrows $4000 at 5% for 6 months to pay tuition. Find the total amount due using simple interest.
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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schrodinger
  • schrodinger
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Zale101
  • Zale101
principal + interest= total amount due
Zale101
  • Zale101
solving interest use I=Prt the simple interest formula
anonymous
  • anonymous
So it would look like this 4000*5%*6

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More answers

Zale101
  • Zale101
so, $4000 + interest = total amount use I=Prt for solving interest, where I=interest P=Principle r= rate t=time
Zale101
  • Zale101
yes, but change the percentage into decimal
anonymous
  • anonymous
the decimal would be .05 correct?
Zale101
  • Zale101
yes :)
anonymous
  • anonymous
4000*.05*6
Zale101
  • Zale101
solve the simple interest first then do the Principal + interest which is $4000 for principal then times it by the interest u get
Zale101
  • Zale101
yes, what u did was correct
anonymous
  • anonymous
Cool! So the answer would be 1200?
Zale101
  • Zale101
now u have the simple interest, now use this "principal + interest= total amount due" and plug in your numbers
Zale101
  • Zale101
that's not the answer, times it by the principal and you'll get your answer
anonymous
  • anonymous
ok. So the principle would be the 4000 correct?
Zale101
  • Zale101
yes
Zale101
  • Zale101
i already mentioned that above
anonymous
  • anonymous
SWEET! so I would do 1200*4000 right? and that equals 4800000
Zale101
  • Zale101
yes
anonymous
  • anonymous
cool so that's the answer!? :)
anonymous
  • anonymous
now what do i do then?
Zale101
  • Zale101
give me a medal
anonymous
  • anonymous
haha that was the answer though right? :)
Zale101
  • Zale101
your done, your question wanted u to find the total amount due using simple interest. Did u do that already?
anonymous
  • anonymous
I'm pretty sure I did?
Zale101
  • Zale101
wait hold on, let me check
anonymous
  • anonymous
ok
Zale101
  • Zale101
ok so Interest = principal * interest expressed as a decimal * time in years. is Interest = $4,000 * .05 * (6/12 =
Zale101
  • Zale101
which equals 100, i'm really sorry about that the simple interest is 100 so 4000 +100= 4100
Zale101
  • Zale101
the answer is 4100
anonymous
  • anonymous
oh. ok. Thank you!
anonymous
  • anonymous
could you help me with another one? :)

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