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enyata [817]
3 years ago
5

______________ is how much an individual makes before taxes or deductions are taken out of their paycheck.

Mathematics
1 answer:
xenn [34]3 years ago
7 0

the answer is: b. gross income

can you please mark me brainliest

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Frank purchased a boat for $7,525. He made a down payment of $475. He applied for a six-year installment loan with an interest r
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Answer:

$10,603.20

Step-by-step explanation:

You can calculate the simple interest of the loan using the formula:

I = prt, where I = interest, p = principal amount, r = interest rate and t = time.  Plugging in the values from the problem:

p = $7,050

r = 8.4% or 0.084

t = 6 years

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To find the total cost of the boat, add the interest and the purchase price:

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