The amount Howie will pay back at the end of one year is $26000.00
The given parameters are:
-- the principal amount
-- the interest rate
--- the duration
The amount to pay back in this duration is then calculated using:
So, we have:
Express percentage as decimal
Multiply
Hence, the amount to pay back is $26000.00
Read more about simple interest at:
Answer:
Option B is the correct choice.
Step-by-step explanation:
The graph is attached below.
We have to find the intercept meaning the value of the point on
when
So we will put the value of zero instead of
in our given equation.
So here we have solved it algebraically.
Putting
Multiplying both sides.
Adding both sides.
Dividing with both sides.
So the x-intercept of the given equation is which can be written as
in terms of coordinates.
Option B is the correct choice.
Sure hope this helps you
y = -4/5