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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Four hundreds two tens and three ones
---|--/--/--|--/--/--|--/--/--|--/--/--|--/--/--|--/--/--|--/--/--|--/--/--|--/--/--|--/--/--|--------------
-5 -4-11/3-3 -2 -1 0 1 2 8/3 3 4 5
8/3≈ 2,6
-11/3 ≈-3,6
Answer:
The school baseball team sold 270 tickets
Step-by-step explanation:
Step 1
Identify the total amount of tickets sold by each player;
1 player=1 book of tickets
But 1 book=10 tickets
Step 2
Express the total cost of ticket sales per book as follows;
total cost=cost per ticket×number of tickets per book
where;
cost per ticket=$3
number of tickets per book=10
replacing;
total cost=(3×10)=$30
Step 3
Using the expression below, solve for the number of tickets sold
Total amount raised=price per ticket×number of tickets sold
where;
total amount raised=$810
price per ticket=$3
number of tickets sold=n
replacing;
810=3×n
3 n=810
n=810/3=270
n=270
The school baseball team sold 270 tickets
