Simple interest = Cost Price + (Interest Percentage of Cost Price × number of years or months we are paying off)
a) SI = £20 000 + (5% of £20 000 × 4)
SI = £20 000 + (£1000 × 4)
SI = £20 000 + £4000 = £24 000
b) SI = £20 000 + (5% of £20 000 × 3)
SI = £20 000 + (£1000 × 3)
SI = £20 000 + £3000 = £23 000
£24 000 - £23 000 = £1000 that you saved!
Answer:
k = -13/3
Step-by-step explanation:
Step 1: Flip the equation.
k + 7/3 = -2
Step 2: Subtract 7/3 from both sides.
k+ 7/3-7/3 = -2 - 7/3
k= -13/3
Hope this helps!
Answer:
y=x+20
Step-by-step explanation: