Answer:
5 years
Step-by-step explanation:
Given that:
Amount borrowed = principal = p = $15000
Interest % per year = r = 6% = 0?06
Total Interest paid = $4500
Number of years it took to repay the loan (t) =?
Simple interest = (p * r * t)
4500 = (15000 * 0.06 * t)
4500 = 900t
4500 / 900 = t
5 = t
It tool 5 years to repay the loan
The correct answer is the first one
Are there any parenthesis? I think you might have skipped out on them.
Answer: The answers are 20% and 40%
Step-by-step explanation:
Cost price is $240,000
The percentage of $48000 will be
(48000/240000) × 100
= 20%
The percentage of $96000 will be
(96000/240000) ×100
= 40%
Answer:
The system has one solution.
Step-by-step explanation:
To find the number of solutions of the system, we equal both equations for y.
If we have ax = b, in which both a and b are different of 0, we have one solution.
If both a and b are 0, we have infinite solutions.
If a is 0 and b is not, there are no solutions.
y=6/7x-8 and y=7/9x+10/9
So





Both a and b are different of 0, so the system has one solution.