Answer:
John have to pay back $23,327.50 at the end of two years
Step-by-step explanation:
Simple Interest (I) = (PRT) ÷ 100
where P = Principal, R = Rate, T= Time
I = ($150500 × 7.75 × 2) ÷ 100
I = ($2332750) ÷ 100
I = $23,327.50
60=4/5x
4/5=0.8
60/0.8=75
X=75
Answer:
4.000
Step-by-step explanation:
B. 10 years, 5% APR
it’s telling me to type more words so ignore this part.