Using simple interest, it is found that Devin will pay $60,125 altogether.
The amount paid in <u>simple interest</u> is:

In which:
- P is the principal.
- r is the interest rate, as a decimal.
- t is the time, in years.
In this problem:
- Owes $26,000 in student loans, thus

- Interest rate of 8.75%, thus

- Paid off in 15 years, thus
.
The amount he will pay is of:

![A = 26000[1 + 0.0875(15)]](https://tex.z-dn.net/?f=A%20%3D%2026000%5B1%20%2B%200.0875%2815%29%5D)

Devin will pay $60,125 altogether.
A similar problem is given at brainly.com/question/13176347
Answer:
8x+ 5y= 65
8x+ 5x= 65
Step-by-step explanation:
we ca take same x,y
Answer:
36,579.5180
Step-by-step explanationan:
What is the mode for the data set? <br>
59,57,56,50,58,51,54,59,55,52,53 (multiple choice)
jok3333 [9.3K]
The mode for this is 59
Other stuff you may need:
<span><span>Range - 9
</span><span>Median - 55</span><span>
</span><span>Mean - 54.909</span></span>