About $.54
Hope this helps :)
Given:
amount borrowed: 1,058
interest rate: 13%
term: 9 months
I'm assuming that the 13% rate is the annual interest rate. I'm also assuming that this problem is a simple interest problem.
Interest = Principal * rate * term
Interest = 1,058 * 13% * 9/12
Interest = 103.16
Total payment = Principal + interest
Total payment = 1,058 + 103.16 = 1,161.16
His monthly payment will be:
1,161.16 / 9 mos = 129.02
Devin will pay a 129.02 per month for 9 months to pay off his loan principal of 1,058 and the interest of 103.16.
Answer:
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Step-by-step explanation:
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I don’t know about Question One, but I can do the other two.
Question Two:
Since the first one is 2 for 3000, you divide 3000/2 and get 1500. If you do the same for 4500/3 and 7500/5, you will find that 1500 is the answer to all of them. Each panel is 1500$. If you multiple 1500$ by 9, you will get 13,500$
Question 3:
To find each, you need to divide the total price by the number of hours. The first company is 128/5, making it 25.60$ per hour. The second company is 181/6, making it 30.17$ per hour. Finally, the third company is 195/8, making it 24.38$ per hour. The best deal would be the final one because it costs the least per hour.