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svetlana [45]
3 years ago
7

Ramona needs $2,095 immediately to pay for damage she did to her

Mathematics
1 answer:
joja [24]3 years ago
5 0

Answer:

She paid $251.40 in interest only for the loan.

Step-by-step explanation:

This is a simple interest problem.

The simple interest formula is given by:

E = P*I*t

In which E is the amount of interest, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.

In this problem:

P = 2095, t = 1, I = 0.12

So

E = 2095*0.12*1 = 251.4

She paid $251.40 in interest only for the loan.

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I am assuming that 114114 is actually 114.

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Can someone help me with number 19 please?
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I think I can.
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Let's call the number of buses 'B', and the number of vans 'V'.
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I really think you can handle it from here.
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Multiply the 2nd equation by 10 :

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