Given:
amount borrowed $6,100
interest rate 6% - assuming annual interest rate
term - 290 days of a 365 day year.
This is a simple interest computation.
Interest = Principal * interest rate * term
Interest = 6,100 * 6% * 290/365
Interest = 290.79
Total payment at the end of the 290 term would be $6,390.79.
Principal + interest → 6,100 + 290.79 = 6,390.79
Answer:
16% or 4/25
Step-by-step explanation:
16 + 5 = 21
25 - 21 = 4
4/25 = 16%
This is right because 21/25 is 84% and 84% + 16% = 100%
let l = lance, and a = alex.
so: l + a = 70
and l = 4a
Putting the value for l in the first equation:
4a +a = 70
5a = 70
a = 14.
So Alex has 14 pencils. And Lance has (70-14) 56 pencils.
And if each child gets half of Alex' pencils, then each child will have 7 pencils.
