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3 years ago

11

If you borrow $675 for six years at a interest rate of 10% how much interest will you pay

1 answer:

murzikaleks [220]3 years ago

7 0

Answer:

the answer is $40.5

Step-by-step explanation:

the basic formula of finding our interest is I = PxRxT

P (principal) = 675

R (rate) = 10% (we have to turn it into a decimal which is 0.010)

T (time) = 6 years

so :

I = 675 x 0.010 x 6

I = 40.5

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I really need help with this section

Tpy6a [65]

Looks like you did most of it.

The next step would be setting them equal to 105, like the problem suggests.

$5z+3x+7x=105$

$15x=105$

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Then we can plug back in to find the numbers.

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