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devlian [24]
4 years ago
6

Dave has a three-year college loan for 10,000 the lender charges a simple interest rate of 6% how much interest will he have to

pay
Mathematics
1 answer:
kondaur [170]4 years ago
6 0
S.I = PxRxT / 100
Therefore
S.I.= $10000x3x6/100
=$900

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m=slope , b= y-intercept

You can find the slope with this following equation: (y(2)-y(1))/(x(2)-x(1))

In this case the points are (0,4) and (-2,-3). The first set being (0,4) and the second (-2,-3). This means (0,4) can be expressed as (x(1),y(1)) and (-2,-3) expressed as (x(2),y(2)). Plugging these numbers into the slope equation gives us: (-3-4)/(-2-0) = -7/-2 = 7/2.

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our final equation is : y=(7/2)x+4

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The correct answer is 7\frac{8}{100}.

Hope This Helps You!
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Step-by-step explanation:

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