The answer to the problem is 36.
20%=0.20
15.99 • 0.20 = 3.198
15.99 - 3.198 = 12.792
12.792 = $12.79
Probably
Future Value = Present Value*(1 + interest rate)^(# of years)
Future Value = $2,000(1+0.08)^1
Future Value = $2,000(1.08) = $2,160
To find the interest on the loan, we need to do our Future Value - Present Value.
Future Value - Present Value = $2,160 - $2,000 = $160
Answer:
B=27
Step-by-step explanation:
4/3b-11=25
4B-33=75
4B=75+33
4b=108
B=27