Answer:
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or amount taken as loan
R represents interest rate
T represents the duration of the loan in years.
1) From the information given,
P = cost of gym = $2200
R = 6%
T = 3 years
I = (2200 × 6 × 3)/100 = $395
The total amount that he would pay after 3 years is
2200 + 395 = $2596
If he decides to continue going to the gym, the total amount that the would pay in 3 years(3 × 12 = 36 is
80 × 36 = 2880
Therefore, paying for the gym would cost more. He should take the loan.
2) if she takes the loan, the interest would be
I = (18000 × 7.5 × 5)/100 = $6750
The total amount that she would pay back after 5 years is
6750 + 18000 = $24750
Since the value that would be added to her house is $25000, therefore, she should buy it.
Answer:
24
Step-by-step explanation:
Answer:
B. Side <em>a</em> is 7 inches long and side <em>b</em> is 6 inches long.
Step-by-step explanation:
Since the scale drawing is three times bigger than the actual object, divide both numbers by three to find the object size.
Side a:
21/3 = 7 inches
Side b:
18/3 = 6 inches
Answer:
The answer is b = 8a
Step-by-step explanation:
As, 0 x 8 = 0
2 1/2 = 5/2, 5/2 x 8 = 20
5 x 8 = 40
7 1/2 = 15/2, 15/2 x 8 = 60
10 x 8 = 80
13 1/2 = 27/2, 27/2 x 8 = 108
So all variables "a" when multiplied by 8 will give us the value in "b"
So b = 8a
