The interest paid for the loan will be:
I=(PRT)/100
P=$749.25
R=12%
T=120 days=120/30=4 months=1/3 years
Hence:
I=(749.25×1/3×12)/100
I=$29.97
The proceeds will be:
Net proceeds=(gross proceeds)-(expenses)
=749.25-29.97
=$719.28
Answer:1(1+1)(1+2)(1+3)
Step-by-step explanation:
Y + 4/9 = 2/3
Let's convert 2/3 into 6/9 so it will be easier to subtract.
Y + 4/9 = 6/9
Subtract 4/9 on both sides.
Y = 2/9 Hope this helps!
Answer:
0= x
Step-by-step explanation:
8= 8 + 4x +5x
Combine like terms
8 = 8+9x
Subtract 8 from each side
8-8 =8+9x-8
0 = 9x
Divide by 9
0/9 = 9x/9
0= x