Ethan borrowed $2,190 for a new dirt bike. He will pay the money back in 3 years with a simple interest rate of 2.5%. How much i
1 answer:
Answer:
<h2>The interest ethan will pay is $164.25</h2>Step-by-step explanation:
To calculate the interest paid by ethan on the borrowed bike using the formula.
Simple Interest = Principal * rate * time/100
Principal = $2,190, rate = 2.5%, time = 3years
On substitution
SI =
The interest ethan will pay is $164.25
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Answer:
Option A.
Step-by-step explanation:
Consider the below figure attached with this question.
Scenario 1 represented by the graph.
From the graph it is clear that the line passes through the points (1,60) and (2,120).
Slope of the line is
The slope of line is 60. It means the speed is 60 miles per hour.
Scenario 2 defined by the equation,
If an equation defined as , then m is slope and b is y-intercept.
The slope of line is 50. It means the speed is 50 miles per hour.
The slope of Scenario 1 is greater than slope of Scenario 2. So, the Scenario 1 shows the greater speed.
Hence, the correct option is A.
