Asked by Pablo

You borrow 1,200 at a rate of 4.5% for a period of 6 months How much will you repay at the end of 6 months?

A. 27
B. 54
C. 1,173
D. 1,227••

Correct me
Answered by Ms. Sue
You're right.
Answered by cheeto
1. B
2. A
3. A
4. B
5. D
Answered by help
thx @ cheeto

100%

1: B
2: A
3: A
4: B
5: D
Answered by Keep calm and kill cupcakes
Guys I came here to see how other people solved the problem not the answer to the whole quick check! Guys try and read the lesson and if your having trouble contact the teacher! I did 1,200 multiplied by 0.045 multiplied by 6 and got 324 but i dont really know where i went wrong. Does anybody know whats wrong ?
Answered by Anonymous
I got the same answer Keep calm and kill cup
Answered by Anonymous
1. B
2. A
3. A
4. B
5. D

2019 Yep
Answered by liedetector
Anonymous is right 100%👍👍👍👍👍👍👍👍👍⚡
Answered by pjohoofangoat
Anon is right! Thanks
Answered by Math Helper
For those who don't understand the answers for questions 3-5 I'm here to explain it to you.
3. I = prt = 200*.09*1/2
You don't multiply two hundred by nine because your changing the percent 9% into a decimal. To make a percent to a decimal move the "invisible" decimal point of the percent two places to the left. That gives you .09. Now 1/2 and . 5 are basically the same so substitute 1/2 for .5. So to find the right answer for this question just solve 200*.09*.5
4. I know a lot of people were confused about this. When you 20,000*12*3 you got 7,200. Well once you submitted it you got it wrong and your like "What the heck did I do wrong", or you just decided to look up the answers since you couldn't find the answer to question 5 and you saw this page. Well if you notice, the assessment says "all rates are ANNUAL rates" Annual means years so you can't just multiply by 3 since it said 3 MONTHS not 3 years. So instead, we have to find of what percent is 3 months out of a year (12 Months). It doesn't take an expert to realize that it's 25% which = .25 So to find the answer to this equation solver 20,000*.12*.25.
5. Your Probably here because you got 324 and added it 1,200 giving you 1,524. But of course there's no such answer choice. Just like earlier you have to remember that the assessment said that all rates are "ANNUALLY" which means monthly. So what percent is 6 months out of a year (12 Months) Easy Peasy, it's 50% or .50 . So to find the answer solve 1,200*0.045*.5
There you go. I hope this helps you next time when you have similar questions like this.
Answered by Math Helper
Sorry y'all didn't mean to confuse you. Affirmatively, Annual means yearly.
Answered by me
pls send me the answer
Answered by Your mom
Yes!!! Thank you math helper!!!
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