The amount of extra interest that will be paid is $24300
Since Nellie took out a car loan for $45,000 payable for 6 years at an interest rate of 15%, the interest that she will pay will be:
= ($45000 × 6 × 15) / 100
= $40500
On the other hand, if she hasn't applied for bankruptcy, the amount that she will pay will be:
= ($45000 × 6 × 6) / 100
= $16200
Therefore, the difference between the interest will be:
= $40500 - $16200
= $24300
The correct option is $24300. The given options are incorrect.
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Answer:
y = -1/3 x
Step-by-step explanation:
what is the slope intercept form for x+3y=0
Slope intercept form solves for y:
x + 3y = 0
subtract x from both sides:
x + 3y - x = 0 - x
3y = -x
divide both sides by 3:
3y/3 = -x/3
y = -1/3 x
Answer:
24
Step-by-step explanation:
X*2 +5 =41
Subtract 5 from both sides
X*2=36
Square root of 36 is 6
X=6
Solve
6*2+5 =41
This’s correct!
