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zhuklara [117]
3 years ago
9

Nigel borrows $250 and pays 5.5% simple interest each year. if he pays back the money in one year, what is the total amount that

he pay?
Mathematics
1 answer:
prisoha [69]3 years ago
3 0
The simple interest is 13.75
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Explanation how solve step by step 2/7m-1/7=3/14
Drupady [299]

Answer:

m = 25/28

Step-by-step explanation:

It's best to enclose fractional coefficients inside parentheses to eliminate ambiquity:   2/7m-1/7=3/14 => (2/7(m - (1/7) = (3/14).

The LCD is 14; each of the denominators {7, 14} divides evenly into 14.  Hence our equation becomes

(4)(m - 1/7) = 3

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Let's multiply each side by 7 to eliminate the remaining fraction:

4(7m - 1) = 21, or

28m - 4 = 21, or

28m = 25.

Hence, m = 25/28.

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