Answer:
I'll setup the problem and you can compute the answer
Step-by-step explanation:
The formula for simple:
I = P*r*t
I = interest
P = loan amount
r = interest rate per period (period = days)
n = number of periods
P = 10,170
r = .0764/365
t = 272
The amount of money that Layla has saved, s, is going to be what the equation equals. She earns $150 each month, so that would be 150m (slope intercept form equation s=em+b). B is the y-intercept, or the amount that Layla already has saved, which is positive $650.
Your equation is:
s=150m+650
I hope this helps :)
Equal to. 1 divided by 3 is equal to .33etc.
