Since 2.5% as a decimal is .025, the equation to get this is:
(.025)(80000)
Once multiplied, these equal 2,000. Or in other words, the Smiths pay $2,000 in school taxes per year.
APR=18%
Monthly interest = 18/12=1.5%
If Caitlyn paid before due date,
amount liable for interest charges = 375-250 = $125
Interest charge for the month
=$125*1.5%
=$1.88
If a single expression is required, then
interest = (375-250)*0.018/12 = $1.88 to the nearest cent.
The answer would be letter A.
Answer:
x = 1, -2/7
Step-by-step explanation:
You could use the quadratic equation but this can be factored into
(7x + 2) (x - 1). You can verify that by multiplying it out.
Since (7x + 2) (x - 1) = 0, if either factor is 0 then the equation would be equal to 0, thus we get x = 1, -2/7
