Suppose AB⎯⎯⎯⎯⎯⎯⎯ and CD⎯⎯⎯⎯⎯⎯⎯⎯ have the same length. Which statements are expressed correctly? I. AB⎯⎯⎯⎯⎯⎯⎯ = CD⎯⎯⎯⎯⎯⎯⎯⎯ II. A
2 answers:
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Answer:
$7995.85
Step-by-step explanation:
We will use simple interest formula to solve our given problem.
, where,
A = Amount after t years,
P = Principal amount,
r = Annual interest rate in decimal form,
t = Time in years.
Therefore, Judy will will pay back on January 20: <u>$7995.85</u>.