Work the following interest problem.

1 answer:

6 0

Loan Amount: $13,000
Method of payment: discount basis
Amount of Interest: $625
Term of loan: 1 year
Solution:
=> 13 000 + 625 (interest) = 13 625 dollars.
=> 13 625 dollars / 12 months = 1135.42 dollars monthly

You might be interested in

Which expression is the additive inverse of n? A. 1/n B. -n C. -1/n D. -(-n)

Marrrta [24]

The additive inverse of something is whats added to the original to get 0

So in this case n - n = 0, which is B :)

6 0

4 years ago

Read 2 more answers

which choice shows 13⋅(7⋅4) correctly rewritten using the associative property and then correctly simplified? 13⋅4⋅7

Cloud [144]

The answer choice which represents the correctly rewritten form of the expression is; (13⋅7)⋅4.

<h3>Which answer choices represents the expression according to the associative property?</h3>

It follows from the task content that tee expression given is; 13⋅(7⋅4).

However, it follows from the associative property of multiplication and addition is such that the equivalent expression can be rewritten as;