Answer:
$100,700
Step-by-step explanation:
Given data
Principal= $38,000
rate= 8.25%
Time= 20 years
Applying the simple interest
A=P(1+rt)
substitute
A=38000(1+0.0825*20)
A=38000(1+1.65)
A=38000*(2.65)
A=$100,700
Hence in 20 years she will pay $100,700
Answer:
J. -13-18
Step-by-step explanation:
J will give the value -31
Answer:
B. 21x + 40 ≤ 124
Step-by-step Explanation:
Maximum amount budgeted = $124 (this means they can't spend more than this)
x = number of people
Cost per head = $21
Given that Mr Walter already spent $40, which is part of the money budgeted, the number of people that can go canoeing cam be expressed with the following inequality:
21x + 40 ≤ 124
(note: the amount total to be spent will either be equal to or greater than $124, because it's the maximum amount budgeted for spending).