The additional interest Benson pay each month is $750 if he invested at the rate of 2% for one year, option (b) is correct.
<h3>What is simple interest?</h3>
It is defined as the interest on the based on the principal amount, it does not include the compounded amount. The interest calculate on the initial amount or borrowed amount.
We know the formula for the simple interest is given by:
I = PRT
Where I is the simple interest.
P is the principal amount
R is the rate of interest
We have in the question:
I = $180
R = 2% = 0.02
T = 1 year
Put the above values in the formula, we get:
180 = P(0.02)(1)
P = $9000
The additional interest Benson pay each month is:
= 9000/12
= $750
Thus, the additional interest Benson pay each month is $750 if he invested at the rate of 2% for one year option (b) is correct.
Learn more about the simple interest here:
brainly.com/question/22621039
ANSWER If you solve for x you get -4/3 y+5/6 If you solve for y you get -3/4x +5/8.
Step-by-step explanation
and then the second answer is
If you solve for x you get-4/3y +-1/2
If you solve for y you get -3/4x +-1/2
Answer:
units
Step-by-step explanation:
The Line 1 has equation x + y = 5 ....... (1) , and
Line 2 has equation x + y = 3 .......... (2)
Now, we have to find the perpendicular distance between line 1 and line 2.
We can say that (3,0) is a point on line 2 as it satisfies the equation (2).
Now, the perpendicular distance from point (3,0) to the line 1 will be given by the formula
units (Answer)
We know that the perpendicular distance from any external point (
) to a given straight line ax + by + c = 0 is given by the formula
.