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
Answer:
300
Step-by-step explanation:
there are 9 15's in 120 which means its going by 15's 3 x 5= 15 and if it says 6 that means its timesed by 2. 15 x 2= 30 then 30 x 10= 300
Answer:
Step-by-step explanation:
First, lets put this into y=mx+b form.
You can bring the 13x over to the 14, by subtracting and you get -2y=14-13x, or also -2y = -13x + 14
Then you can divide both sides by -2 to get y, and you get
-2y/-2 = -13x/-2 + 14/-2 which is simplified to y=13/2x + (-7) which is
y=13/2x-7
{[( IMPORTANT )]}
THIS HAS THE SLOPE IN A IMPROPER FRACTION... CHECK IF YOU USE MIXED NUMBERS OR IMPROPER FRACTIONS
the mixed number form is y = 7 1/2 x -7
Hope this helps!
To solve this problem you must apply the proccedure shown below:
1. You have:
<span>
In(2x+3)=7
2. Then, you must apply log(e), as below:
</span><span>
In(2x+3)=ln(e^7)
3. Now, you obtain:
2x+3=e^7
4. Youy must clear the variable "x", as below:
2x=e^7-3
</span> x=(e^7-3)/2
<span>
5. Therefore, the value of "x" is:
x=546.817
</span><span>
The answer is: </span>x=546.817<span> </span>
Answer:
4
Step-by-step explanation:
4x +8 = 7x -4
3x = 12
x = 4
pls mark brainiest :)
