The number is 6400.
We have given that,
divided 80 by my number, and then added 13.
<h3>What is the expression?</h3>An expression or mathematical expression is a finite combination of symbols that is well-formed according to rules that depend on the context.
Suppose the number is x
Subtract 13 from both sides
Multiply both sides by 80
x=6400
Therefore the number is 6400.
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Step-by-step explanation:
The amount borrowed = Principal = $8000
The rate of interest = 7.2%
Time (T) = 3 years
Now, Simple Interest =
So, the total interest = $1728
Now, <u>Amount to be paid = Principal + Interest</u>
⇒ A = $8000 + $1728 = $8728
Also, 1 year = 12 months
⇒ 3 years = 3 x 12 months = 36 months
So, total amount to be paid in 36 months is $8728.
⇒The amount to be paid in 1 month is
Hence, the monthly payment is $242.44 if loan is to paid off in 3 years.