Using simple interest, it is found that:
- The total amount paid was of $7,084.8.
- The finance charge was of $584.8.
- The simple interest rate was of 3%.
<h3>Simple Interest</h3>
Simple interest is used when there is a single compounding per time period.
The amount of interest after t years in is modeled by:
In which:
- r is the interest rate, as a decimal.
In this problem, the amount paid was of 36 monthly payments of
$196.80, hence:
36 x 196.80 = $7084.8.
The total amount paid was of $7,084.8.
The original price is of $6,500, hence the finance charge was of:
7084.8 - 6500 = $584.8.
For interest, we have that:
, hence:
The simple interest rate was of 3%.
More can be learned about simple interest at brainly.com/question/25296782
6.b
7.d
8.a
9.c
see attached image. sorry that’s it’s all jumbled up weird, i could only figure out how to put them all together using photoshop. hope these help you out :))
Since the distance is 3.667km and the time is 1/3 of an hour (20 minutes) we take the distance and divide it with time 3.667/20 thus the answer is
0.183 km/hr
Answer:
the answer is B i think
Step-by-step explanation: