MathMaster logo

MathMaster

  1. Home
  2. general
  3. how much is a 1 75 interest rate of 1245 15
Question

How much is a 1.75% interest rate of 1245.15

206

likes
1030 views

Answer to a math question How much is a 1.75% interest rate of 1245.15

Expert avatar
Timmothy
4.8
99 Answers
1. Convert the percentage to a decimal:

1.75\% = 0.0175

2. Multiply the decimal by the amount:

0.0175\times1245.15=21.79

Therefore, the interest is:

21.79

Frequently asked questions (FAQs)
What is the period of the trigonometric function f(x) = 2cos(3x) - sin(4x) + tan(5x)?
+
Question: For the logarithmic function f(x) = log x, find the value of x when f(x) = ln x.
+
What is the solution to the inequality 3x - 7 < 13?
+
New questions in Mathematics
A normal random variable x has a mean of 50 and a standard deviation of 10. Would it be unusual to see the value x = 0? Explain your answer.
Eight acts are scheduled to perform in a variety show how many different ways are there to schedule their appearances show your work
12-6x=4x+2
Solve: −3(−2x+23)+12=6(−4x+9)+9.
a bank finds that the balances in its savings accounts are normally distributed with a mean of $500 and a standard deviation off of $40. What is the probability that a randomly selected account has a balance of more than $400?
A bird randomly chooses to land on 1 of 12 perches available in its aviary. Determine the Probability of it landing on a perch numbered 8 and then on a perch marked with a prime number; take into account that he never lands on the same perch in the sequence.
If you randomly selected one person from the 900 subjects in this study, what is the probability that the person exhibits the minimum BMI?
There were no defectives in a sample of 1 light bulb does this sample provide sufficient evidence that in the warehouse with millions of light bulbs fewer than 10% are defective?
Determine the general equation of the straight line that passes through the point P (2;-3) and is parallel to the straight line with the equation 5x – 2y 1 = 0:
(1) July 1, 2008: Receives $25,000 from Quinn Zealick for 25,000 shares of the stock common face value $1 from the bookstore. (2) July 1, 2008: Obtains $30,000 loan from local bank for needs of working capital. The loan earns 6% interest per year. The loan is payable with interest on June 30, 2009. (3) July 1, 2008: Sign a three-year rental agreement at an annual rent of $20,000 Pay the first year's rent in advance. (4) July 1, 2008: Purchases shelves for $4,000 in cash. The shelves have an estimated useful life of five years and zero residual value. (5) July 1, 2008: Purchase computers for $10,000 in cash. The computers They have an estimated useful life of three years and $1,000 in residual value. (6) July 1, 2008: Makes guarantee deposits with various book distributors for a total of $8,000. Deposits are refundable on June 30, 2009 if the bookstore pays on time all amounts payable for books purchased from distributors between July 2008 and June 30, 2009. (7) During 2008: Purchases books on account from various distributors for a cost of $160,000. (8)During 2008: Sells books costing $140,000 to $172,800. Of the total sales, $24,600 corresponds to cash and $148,200 is on account. (9) During 2008: Returns unsold books and books ordered in error for a cost of $14,600. The company had not yet paid for these books. (10) During 2008: Collected $142,400 from sales on account. (11) During 2008: Pays employees salaries of $16,700. (12) During 2008: Pays $139,800 to book distributors of the amounts payable for purchases on account. (13) December 28, 2008: Receives customer advances of $850 due to order books special that the bookstore will order and expects to receive during 2009. (14) December 31, 2008: Record the corresponding amount of interest expense on the loan in (2) for 2008. (15) December 31, 2008: Record the corresponding amount of rental expense for 2008. (16) December 31, 2008: Record the corresponding amount of depreciation expense on the shelves in (4). (17) December 31, 2008: Record the corresponding amount of depreciation expense about computers in (5). (18) December 31, 2008: Record the corresponding amount of income tax expense. profits for 2008. The income tax rate is 40%. The taxes are paid on March 15, 2009. (1) March 15, 2009: Pays 2008 income tax. (2) June 30, 2009: Pay off the bank loan with interest. (3) July 1, 2009: Obtains a new bank loan for $75,000. He loan is payable on June 30, 2010, with 8% interest payable to the expiration. (4) July 1, 2009: Receives security deposits from book distributors. (5) July 1, 2009: Pay the rent corresponding to the period from July 1 2009 to June 30, 2010. (6) During 2009: Purchase books on account for a cost of $310,000. (7)During 2009: Sold books for a cost of $286,400 for $353,700. Of the total sales, $24,900 corresponds to cash, $850 corresponds to special orders received during December of 2008 and $327,950 are on account. (8) During 2009: Returns unsold books at a cost of $22,700. The company has not yet I had paid for these books. (9) During 2009: Collects $320,600 from sales to accounts. (10) During 2009: Pays employees compensation of $29,400. (11) During 2009: pays $281,100 to book distributors for book purchases from account. (12) December 31, 2009: Declares and pays a dividend of $4,000.
Find each coefficient described. Coefficient of u^2 in expansion of (u - 3)^3
Next%C3%B3n%2C+we+are+given+a+series+of+Tri%C3%A1angles+Right%C3%A1angles+%3Cbr%2F%3Ey+in+each+one+of+them+ are+known+2%28two%29+measurements+of+sides.+%3Cbr%2F%3Elet's+determine+all+trigonom%C3%A9tric+ratios.
Calculate the difference between 407 and 27
A contractor gives a bank note for $10250 at a rate of 1% for one month. How much interest is charged for 4 months?
94 divided by 8.75
Solve for z: 2z-6=10z+2
What js the greatest 4-digit even number that can be formed by 3,6,1,4?
Today a father deposits $12,500 in a bank that pays 8% annual interest. Additionally, make annual contributions due of $2,000 annually for 3 years. The fund is for your son to receive an annuity and pay for his studies for 5 years. If the child starts college after 4 years, how much is the value of the annuity? solve how well it is for an exam
Sally’s sales for last Sunday were $1,278. That was an increase of 6.5% over her sales for the previous Saturday. What were her sales for the previous Saturday?
Question 3 A square has a perimeter given by the algebraic expression 24x – 16. Write the algebraic expression that represents one of its sides.

You might be interested in