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
It’s 2x the size I believe :)
Hello from MrBillDoesMath!
Answer:
32 ft^2
Discussion:
You solved it yourself. The area of a parallelogram of base "b" and height (altitude) "h" is b*h. In this case
Area = 8 * 4 = 32 ft^2
Thank you,
MrB
Hello! The answer would be,
38.4
Since if you do 24x0.6 you would get 14.4 which then you would add
14.4 with 24 and get 38.4
Hope I've helped and feel free to ask me questions!
Sincerely, Kaylie :)
Answer:
Yes
Step-by-step explanation: