Answer:
Step-by-step explanation:
Alice borrowed 16700 from the bank at a simple interest rate of 9% to purchase a used car. It means that the interest is not compounded. Simple interest is usually expressed per annum. The formula for simple is
I = PRT/100
Where
I = interest
P = principal(amount borrowed from the bank)
R = 9% ( rate at which the interest is charged
T = number of years
At the end of the loan,she had paid a total of 24215. This means that the interest + the principal = 24215
Therefore,
The interest = 24215 - 16700 = 7515
Therefore
7517 = (16700 × 9 × t)/100
751700 = 150300t
T = 751700/150300
T = 5 years
Converting 5 years to months,
1 year 12 months
5 months = 12 × 5 = 60 months
Answer:
p=28
Step-by-step explanation:
5p=140
To to find the value of p divide both sides by 5 (5p/5 and 140/5)
p=28!
Answer: i. Cost of adult ticket = $ 30
ii. Cost of child ticket = $20
Step-by-step explanation:
Define variables:
Let x= cost of 1 adult tickets , y= cost of 1 child tickets.
Form linear equations:
5x+3y = 210 (i)
2x+5y= 160 (ii)
Multiply (i) by 2 and (ii) by 5
10x +6y = 420 (iii)
10x+25y = 800 (iv)
Eliminate (iii) from (iv)
19y = 380
⇒ y= 20
Put this in (i)

Hence, Cost of adult ticket = $ 30 and Cost of child ticket = $20