the first simple interest will be $1.73 more than the second one.
<h3>
Which is the difference between the two interests?</h3>
The loan is of $575, and there are two options:
7 years at 4.5% or 8 years at 3.9%
Remember that the simple interest formula is:
SI = (P*R*T)/100
Where:
P = principal value.
R = rate (this is the percentage per year)
T = time, in years.
Then for the first option. the interest will be:
SI = ($575*4.5*7)/100 = $181.13
For the second option we will have the interest:
SI' =( $575*3.9*8)/100 = $179.4
The difference is:
$181.13 - $179.4 = $1.73
This means that the first simple interest will be $1.73 more than the second one.
If you want to learn more about simple interests:
brainly.com/question/20690803
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Answer:
P = -12xy - 56y - 42x + 8
Step-by-step explanation:
P = 2L + 2W
P = 2(4 - 7(3x + 4y)) + 2(3x(-2y))
P = 8 - 14(3x + 4y) + 6x(-2y)
P = 8 - 42x - 56y - 12xy
P = -12xy - 56y - 42x + 8
We know that
if ∠WCR=49°
then
measure arc WR=49°-------> by central angle
circumference C=2*pi*r
for r=7 in
C=2*pi*7-----> 43.96 in
if 360°(full circle) has a length of----------> 43.96 in
49°---------------> x
x=49*43.96/360-----> x=5.98 in
alternative method
applying the formula
L=(∅/360°)*2*pi*r
where
∅ is the angle in degrees
r is the radius
L=(49°/360°)*2*pi*7------> L=5.98 in
the answer is
5.98 in