Jasmine borrowed $15,000 for 8 years and she paid $6,600 in interest. What was the interest rate for Jasmine's loan?
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Answer:
Step-by-step explanation:
We have been given a graph of a rectangle. The area of the shaded section is 63 square units. We are asked to find the value of x.
We can see from our given graph that shaded section forms a trapezoid, so we will use area of trapezoid formula to find the value of x.
, where, a and b represents the parallel sides of trapezoid and h represents height of trapezoid.
Upon substituting our given values in above formula we will get,
Upon dividing both sides of our equation by 3.5 we will get,
Let us subtract 7 from both sides of our equation.
Therefore, the value of x is 11 units.