The formula for simple interest is:
A = P(1+rt)
Where P = amount borrowed
r = interest rate
t = time of loan
A = 5000(1 + 0.125*2)
A =6,250
The total amount she paid back was $6,250
For her monthly payment divide total paid back by 24 months ( 2 years = 24 months)
6250 / 24 = 260.42
Her monthly payment was $260.42
Step-by-step explanation:
fill in the missing fraction parts
Answer:
3.1%
Step-by-step explanation:
6/196 × 100% = 3.1%
Yes
26 x 5 - 63 = 67
26 x 3 - 11 = 67
Answer:
<u>(2) x </u>
<u> 4</u>
Step-by-step explanation:
Given the sqrt(x), x
zero
So, given sqrt(x -4), x -4
0
Now solve for x
x - 4
0
x
4