We start with
$1,187.92
With the interest and the late fee charge
$1,187.92 (1 + 0.1225/12) + 30 = $1,230.05
With the interest minus the payment of $125
$1,230.05 (1 + 0.1225/12) - $125 = $1,117.60
The new principal after the latest payment is $1,117.60.
Answer:
The smaller board would be 2.75 feet and the longer one would be 10.25 feet.
Step-by-step explanation:
In order to find this, assume the shorter board is equal to x. Next, we would know that the longer board would be equal to x + 7.5. Using these two assumptions, we can add the lengths together, set equal to 13 and then solve for x.
x + (x + 7.5) = 13
2x + 7.5 = 13
2x = 5.5
x = 2.75
Now that we have the length of the shorter board, we can add 7.5 to it to get the larger one.
2.75 + 7.5 = 10.25
96 ! If you get x on one side and the # on the other you get x=96
