Answer: Lucy pays $ 492.58 back altogether.
Step-by-step explanation:
Formula : Interest = Principal x Rate x Time
Given: Principal = $425 , rate = 5.3% = 0.053 , time = 3 years
Interest = 425 x 0.053 x 3 ≈ $ 67.58
Total amount need to pay back = Principal + Interest
= $ (425+67.58)
= $ 492.58
Hence, Lucy pays $ 492.58 back altogether.
Answer:
It depends, Y or X have to be set up to get an actual number because you can simply plug any numbers.
Answer:
Step-by-step explanation:
Answer:
$1407.15
Step-by-step explanation:
$1,770.00*0.25= $442.5
$1.770-$442.50 = $1327.5
$1327.5*0.06 = $79.65
$1327.50+$79.65 = $1407.15