Ethan borrowed $1,200 from a loan company at 15% simple interest for 6 months. How much did he have to pay each month on the ins
1 answer:
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Answer:
General Formulas and Concepts:
<u>Pre-Alg</u>
- Order of Operations: BPEMDAS
<u>Algebra I</u>
- Slope Formula:
Step-by-step explanation:
<u>Step 1: Define</u>
Point (40, 3000)
Point (60, 4000)
<u>Step 2: Find slope </u><em><u>m</u></em>
- Substitute:
- Subtract:
- Divide:
