Answer:
Interest = $75
Total to pay back = $375
Step-by-step explanation:
The total amount she will have to pay back is found by the formula:
= Amount borrowed * (1 + rate * years)
= 300 * ( 1 + 5% * 5)
= $375
The interest is therefore:
= Amount to be paid back - Amount borrowed
= 375 - 300
= $75
Answer:
$0.11
Step-by-step explanation:
Answer:
y - 4 = (2/3)(x - 7)
Step-by-step explanation:
(see attached for reference)
we are given slope, m = 2/3 and point (x₁, y₁) is (7,4)
y - y₁ = m(x - x₁)
substituting the given values into the general equation
y - y₁ = m(x - x₁)
y - 4 = (2/3)(x - 7)
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