Answer: 15
Step-by-step explanation: You do 60/4 to get the answer.
Add 4 to both sides
w = -6
Answer:
f(x) = (x - 6)/(3/2)
Step-by-step explanation:
9514 1404 393
Answer:
3 months
Step-by-step explanation:
We don't know what's on your list of "useful financial formulas." One that can be used here is the formula for simple interest:
I = Prt . . . . . interest on principal P at annual rate r for t years
Solving for t gives ...
t = I/(Pr)
Filling in the given values, we can find t to be ...
t = 138/(4800×0.115) = 138/552 = 1/4
1/4 year is 3 months -- the duration of the loan.
