This is not middle school work
Answer:
$90
Step-by-step explanation:
The principal amount in the loan taken by Sharon is $750 . Note hat the $20 processing fee is a one time cost and is not included in the interest calculation.
Annual Rate of interest offered to Sharon is 12%
Time interval for the loan transaction is 1 year.
So the interest for 1 year is given by \[Principal * Rate * Year /100\]
\[750 * 12 * 1 /100\] = $90
So, Sharon will have to pay $90 as interest for the loan amount $750 borrowed for one year at the rate 12%.
Answer:
Step-by-step explanation:
A. Rate of change (or slope) is $50
The initial tutoring fee starts out at $1200 in 2005
How do you know? Each year the cost goes up $50
2005 = $1200
2006 = $1250
2007 = $1300
2008 = $1350
B. y=50x+b
12x40=480
You can first multiply 12x4=48 and then you could put a zero next to the 8
Answer:
all you have to do is graph them but put them in y=mx+b form first, the coordinates is the solution
