Chris shopper received a $1,000 discount loan to purchase a washer and dryer. the loan was offered at 12% for 120 days. what are the proceeds? $40.00 $144.00 $960.00 $1,440.00

The correct answer is 960.

Step-by-step explanation:

120/360=0.333

Remember to use 360 because a bank year is 360 days.

Then you use the interest formula:

I= P×R×T

I=1000×0.12×0.333

39.99=I

Now take 1000 because your principal is 1000, and subtract that from 1000

1000-39.99=960

yes because there is exactly one y value for every x value

for function there can't be more than one value for every x value

1,407.5 hours

step-by-step explanation:

we first convert all the time to hours and then sum them up.

there are 24 hours in 1 day, in 58 days, there are 24 x 58 = 1,392 hours.

there are 60 minutes in 1 hour, thus, 30 minutes will be equivalent to 30 / 60 = 0.5 hours.

therefore, the number of hours it will take mercury to complete a full rotation is 1,392 + 15 + 0.5 = 1,407.5 hours