Simple interest means an portion of the principal is added to the principal. In this case the 6% simple interest is will be only from the principal amount which is $800.
A. The finance charge or the interest is $48 ( 6% of $800).
B. The total amount to be repaid is $800 (principal amount) + $48 (6% interest) = $848.
C. To equally pay off the total amount every month, we simply divide $848 by 8 months. $848 / 8 months = $106. The monthly payment would be $106.
The middle answer is the only correct one.
TO get 6% of 20 we have to write 6% in decimal (or fraction if u want but decimal allows u to multiply it easier i think)
6%=0.06=
Now u have to mulitply 0.06 times 20
0.06*20=1.2 - its the result
Answer:
The correct answer is B) 1555.6
Step-by-step explanation:
In order to find this, we must divide the part by the percentage. This will give us the total out of 100%
140/.09 = 1555.6
Answer:
t=10.9
Step-by-step explanation:
8t-13t+10(t-2)=34
8t-13t+10t-20=34
5t-20=34
5t=54
t=10.9
