3 years ago

3. You purchase a car using a $20,000 loan with a 5% simple interest rate.

1 answer:

3 0

A) A = 20,000 [Principle] * (0.05 [Interest] * 4 [Number of years]) = $4,000 interest

b) A = 20,000 [Principle] * (0.05 [Interest] * 2 [Number of years]) = $2,000 interest

You might be interested in

Put the correct graph to each category

Svet_ta [14]

Answer:

First one is a slope between 0 and 1

second one is a slope lower than 0

third one is a slop higher than 1

last one is a slope higher than 1 (technically undefined)

Step-by-step explanation:

8 0

4 years ago

What is the equation of the parabola?

Morgarella [4.7K]

Step-by-step explanation:

Show Solution. Start by writing the equation of the parabola in standard form. The standard form that applies to the given equation is (x−h)2=4p(y−k) ( x − h ) 2 = 4 p ( y − k ) . Thus, the axis of symmetry is parallel to the y-axis.

4 0

2 years ago

Slope= -1/2 Line passes through the point (9,8). Write equation with point slope form

irina1246 [14]

ANSWER: y-8= -1/2(x-9)

3 0

3 years ago

Read 2 more answers

How can this expression be written another way? 56k + 8

alexira [117]

Step-by-step explanation:

8(7k+1)