Answer:
Step-by-step explanation:
I think it is c
Answer:
x= -11
Step-by-step explanation:
That would be 950 * 0.62 = 589 British pounds.
Simple interest = Cost Price + (Interest Percentage of Cost Price × number of years or months we are paying off)
a) SI = £20 000 + (5% of £20 000 × 4)
SI = £20 000 + (£1000 × 4)
SI = £20 000 + £4000 = £24 000
b) SI = £20 000 + (5% of £20 000 × 3)
SI = £20 000 + (£1000 × 3)
SI = £20 000 + £3000 = £23 000
£24 000 - £23 000 = £1000 that you saved!