4 years ago

At a rate of 4.25% over 24 months. If he pays $51.00 in interest, what was the original amount of his loan?

1 answer:

6 0

I = PRT.....rearrange.....P = I / RT

P = 51 / (0.0425* 2).....I used 2 because 24 months = 2 yrs
P = 51 / 0.085
P = 600 <===

You might be interested in

ben drives from a 36- foot platform. The equation h= -16t^2+14t+36 models the dive. How long will it take Ben to reach the water

Valentin [98]

So you want to plug in the height for h and solve for t

36 = -16t^2+14t+36
So you get 14/16 which simplifies to
7/8 seconds

Hope this helped!

6 0

3 years ago

What is 1/4 of 2000 1/5 of 1600 2/3 of 1965

pogonyaev

500, 320, 1310

Calculator

3 0

3 years ago

Read 2 more answers

What is 49% of $201.13

Nookie1986 [14]

Answer:

98.5537

Step-by-step explanation:

8 0

3 years ago

Read 2 more answers

Hi I am in desperate need of a "tutor" If anyone is decent at Algebra II, any little help is welcomed! Please respond to this an

Llana [10]

Answer:

Step-by-step explanation:

Hi,

I am quite good at maths and will be happy to help you, not just in Algebra, but any other topics in maths

6 0

3 years ago

Write a trinomial of degree 35

Virty [35]

We know that
<span>Trinomial of degree 35 means a polynomial
that
a) Having three terms
b) highest degree is 35

examples
x</span>^35+x³+3
x^35+2x-8
x^35+x²+2
etc

8 0

3 years ago