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lesya692 [45]
4 years ago
14

Dan Williams took out a simple interest loan at 14.5% interest for 12 months. His previous balance is $119.42. What is the final

payment if the loan is paid off with the next payment?
Mathematics
2 answers:
lisabon 2012 [21]4 years ago
3 0

Answer:

$132.90

Step-by-step explanation:


Travka [436]4 years ago
3 0

Answer:

$120.86

Step-by-step explanation:

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Step-by-step explanation:

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We first need to simplify the expression removing parentheses

Simplify 41o(7 + 4): Distribute the 41o to each term in (7+4)

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Our updated term to work with is (7 + 4) + (7 - 41) = 14©(7 + 4) + 0 = 7 + 287o + 164o(1) = 7 + 287o + 1681o + ( - 7 - 41) = 0

We first need to simplify the expression removing parentheses

Simplify 164o(1): Distribute the 164o to each term in (1)

164o * 1 = (164 * 1)o = 164o Our Total expanded term is 164o

Our updated term to work with is (7 + 4) + (7 - 41) = 14©(7 + 4) + 0 = 7 + 287o + 164o = 7 + 287o + 1681o + ( - 7 - 41) = 0

Step 1: Group variables: We need to group our variables (7 and 14©(7. To do that, we subtract 14©(7 from both sides (7 - 14©(7 = 14©(7 - 14©(7

Step 2: Cancel 14©(7 on the right side: 0o = 0 Step 3: Divide each side of the equation by 0

0o 0 = 0 0 o =

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