Given:
loan amount: 25,250
original interest rate: 3.4%
new interest rate: 6.8%
term: 10 years.
Assuming that simple interest formula is used.
I = P * r * t
I = interest
P = principal
r = interest rate
t = term/time
I = 25,250 * 3.4% * 10 years
I = 8,585
I = 25,250 * 6.8% * 10 years
I = 17,170
17,170 - 8,585 = 8,585 Additional interest paid using the new interest rate.
Using an online loan repayment calculator: Here are the following data:
Loan Balance:$25,250.00
Adjusted Loan Balance:$25,250.00Loan
Interest Rate:6.80%
Loan Fees:0.00%
Loan Term:10 years
Minimum Payment:$0.00
Monthly Loan Payment:$290.58
Number of Payments:120
Cumulative Payments:$34,869.23
Total Interest Paid:$9,619.23
<span><span>Loan Balance:$25,250.00
</span><span>Adjusted Loan Balance:$25,250.00
</span><span>Loan Interest Rate:3.40%
</span><span>Loan Fees:0.00%
</span><span>Loan Term:10 years
</span><span>Minimum Payment:$0.00</span>
<span>Monthly Loan Payment:$248.51
</span><span>Number of Payments:120</span>
<span>Cumulative Payments:$29,820.59
</span><span>Total Interest Paid:<span>$4,570.59</span></span></span>
Louann= 14x+24
Carla= 16x+14
So basically this is just like solving equations. The way I did this was just put random numbers for x and then solve it.
First attempt:
14(7)+24=16(7)+14
98+24=112+14
122=126
Okay the first one didn't work so I use 6 for x.
Second attempt:
14(6)+24=16(6)+14
84+24=96+14
108=110
So 6 didn't work and you already should know that the answers should be between 1 and 5.
So now I going to do 5 for x
Third attempt:
14(5)+24=16(5)+14
70+24=80=14
94=94
And so the answer is 5! :D The multiply choice questions were worth 5 points and Louann and Carla had 94 for their scores! I hope this help you out and clear for you! :D
Answer:
If there in piles of 2 you have 2 piles
Step-by-step explanation:
The base of 6 is the same, so add 1/2+1/2 =1
6^1 = 6
Answer:
if it a worksheet search the question online and the answer key comes up
Step-by-step explanation:
