Using simple interest, it is found that Devin will pay $60,125 altogether.
The amount paid in <u>simple interest</u> is:
![A = P(1 + rt)](https://tex.z-dn.net/?f=A%20%3D%20P%281%20%2B%20rt%29)
In which:
- P is the principal.
- r is the interest rate, as a decimal.
- t is the time, in years.
In this problem:
- Owes $26,000 in student loans, thus
![P = 26000](https://tex.z-dn.net/?f=P%20%3D%2026000)
- Interest rate of 8.75%, thus
![r = 0.0875](https://tex.z-dn.net/?f=r%20%3D%200.0875)
- Paid off in 15 years, thus
.
The amount he will pay is of:
![A = P(1 + rt)](https://tex.z-dn.net/?f=A%20%3D%20P%281%20%2B%20rt%29)
![A = 26000[1 + 0.0875(15)]](https://tex.z-dn.net/?f=A%20%3D%2026000%5B1%20%2B%200.0875%2815%29%5D)
![A = 60125](https://tex.z-dn.net/?f=A%20%3D%2060125)
Devin will pay $60,125 altogether.
A similar problem is given at brainly.com/question/13176347
Answer:
Polynomials are algebraic expressions that consist of variables and coefficients. ... We can perform arithmetic operations such as addition, subtraction, multiplication and also positive integer exponents for polynomial expressions but not division by variable. An example of a polynomial with one variable is x2+x-12.
Answer:
26.9y2
Step-by-step explanation:
A. there are 20 boys and 30 girls.
B.
68.7 out of 100 Boys
Girls im not sure, maybe someone else can answer that sorry
Hope I'm right and this helps sorry i didn't get girls.
Answer:
a
Step-by-step explanation: