How easy! Just list all the factors that add up to ten.
10 + 0
9 + 1
8 + 2
7 + 3
6 + 4
5 + 5
Which ones match the requirements?
Answer:
<em><u>OPTION</u></em><em><u> </u></em><em><u>A</u></em><em><u> </u></em><em><u>:</u></em><em><u>1</u></em><em><u>6</u></em><em><u> </u></em><em><u>FEET</u></em>
PERIMETER =26 1/3=76/3yard=76/3×3=76 feet
LENGTH=22feet
Width=76/2-22
WIDTH=38-22=16 FEET
Given:
loan amount: 25,250
original interest rate: 3.4%
new interest rate: 6.8%
term: 10 years.
Assuming that simple interest formula is used.
I = P * r * t
I = interest
P = principal
r = interest rate
t = term/time
I = 25,250 * 3.4% * 10 years
I = 8,585
I = 25,250 * 6.8% * 10 years
I = 17,170
17,170 - 8,585 = 8,585 Additional interest paid using the new interest rate.
Using an online loan repayment calculator: Here are the following data:
Loan Balance:$25,250.00
Adjusted Loan Balance:$25,250.00Loan
Interest Rate:6.80%
Loan Fees:0.00%
Loan Term:10 years
Minimum Payment:$0.00
Monthly Loan Payment:$290.58
Number of Payments:120
Cumulative Payments:$34,869.23
Total Interest Paid:$9,619.23
<span><span>Loan Balance:$25,250.00
</span><span>Adjusted Loan Balance:$25,250.00
</span><span>Loan Interest Rate:3.40%
</span><span>Loan Fees:0.00%
</span><span>Loan Term:10 years
</span><span>Minimum Payment:$0.00</span>
<span>Monthly Loan Payment:$248.51
</span><span>Number of Payments:120</span>
<span>Cumulative Payments:$29,820.59
</span><span>Total Interest Paid:<span>$4,570.59</span></span></span>
=(14+3i) - (-12-7i) + (6+2i)
=14 + 3i +12 + 7i + 6 + 2i
=32 + 12i
<span>The simple interest formula is:
A = P · (1 + r · t)
where:
A = total amount
P = principal
r = rate
t = time
Let's solve for r:
A = P + P · r · t
P · r · t = A - P
r = (A - P) / (P · t)
The quantity A - P is defined as the Interest, therefore:
r = I / (P <span>· t)
= 1020 / (8500 </span>· 4)
= 0.03
Therefore the rate was 3%.
</span>
