Hi there! Interest on the first loan is 800×.075×2=120. The interest on the second loan is 138-120=18. Now, we have to use the simple interest formula. 18=P×.03×2=300. Therefore, the answer is $300.
We know that
P = A/D
Where,
P = monthly payments,
A = Total amount =$1,000,000
![D=[(1+r/12) ^{12*t}-1]/[(r/12)*(1+r/12)^{12*t}]](https://tex.z-dn.net/?f=D%3D%5B%281%2Br%2F12%29%20%5E%7B12%2At%7D-1%5D%2F%5B%28r%2F12%29%2A%281%2Br%2F12%29%5E%7B12%2At%7D%5D%20%20)
in this problem
t=30 years
r=8%----> 0.08
![D=[(1+0.08/12) ^{12*30}-1]/[(0.08/12)*(1+0.08/12)^{12*30}] =136.2835](https://tex.z-dn.net/?f=D%3D%5B%281%2B0.08%2F12%29%20%5E%7B12%2A30%7D-1%5D%2F%5B%280.08%2F12%29%2A%281%2B0.08%2F12%29%5E%7B12%2A30%7D%5D%20%3D136.2835)
the answer is$7337.65
Area of a rectangle is L * W
L = x
W = 5
5x = 20 (Divide by 5 on both sides)
x = 4
L=4
W= 5
The length is 4cm
Hope this helps :)