Answer:
A. $3,984
Step-by-step explanation:
The amount of interest is computed from ...
I = Prt
For the given values, the interest is ...
I = $3600×0.08×(16/12) = $384
Then the total amount that needs to be repaid is ...
Principal + Interest = $3600 +384 = $3,984
_____
The time period is 16 months, so is 16/12 years.
The time periods of the interest rate and "t" in the formula must match. If the interest rate is an annual rate, then "t" is in years. If the interest rate is a monthly rate, then "t" is the number of months.
The answer is (a). hopefully this answers your question
Answer:
i. x and a are increasing while y and b are reducing
Answer:
x=−5
Step-by-step explanation:
x+12=7
Step 1: Subtract 12 from both sides.
x+12−12=7−12
x=−5
Answer: To right in different numbers
Step-by-step explanation:
