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Gnoma [55]
3 years ago
6

Select the correct answer. Which statement best defines the term principal? A. It is an arrangement in which you buy now and pay

later. B. It is the annual rate of interest a bank charges for a loan. C. It is the original amount of money the bank loans the borrower.
Mathematics
1 answer:
Hatshy [7]3 years ago
4 0

Answer:

<u>The correct answer is C.  It is the original amount of money the bank loans the borrower.</u>

Step-by-step explanation:

Let's recall that are five basic elements for calculating the payment of a loan:

1. The principal. How much money you borrow.

2. The interest rate. How much money you will pay in addition to the principal.

3. The period of time. How long will it takes you to pay the loan.

4. The frequency of payment. Will you pay every month?, every quarter?, every year or maybe every two weeks?

5. Additional payments. When you have additional income seasonally and you want to lower either the period of time or the interests to pay.

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Factor –3y – 18 and choose the correct option.
den301095 [7]
<h3>Factor –3y – 18 is:  -3(y + 6)</h3>

<em><u>Solution:</u></em>

Given that we have to factor -3y - 18

Use the distributive property,

a(b + c) = ab + bc

From given,

-3y - 18

Factor out the greatest common factor of 3 and 18

The factors of 3 are: 1, 3

The factors of 18 are: 1, 2, 3, 6, 9, 18

Then the greatest common factor is 3

Factot out 3 from given expression

-3y - 18 = 3( - y - 6)

Or else we can rewrite as,

-3y - 18 = -3(y + 6)

Thus the given expression is factored

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3 years ago
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Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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3 years ago
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Can someone help me simplify (2n + 2) + (8 + 8)
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Answer:

7

Step-by-step explanation:

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2. Let's isolate the variable. We can do this by subtracting 2 from both sides. This will come out to 2n+14.

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