Answer:
A. $3,984
Step-by-step explanation:
The amount of interest is computed from ...
I = Prt
For the given values, the interest is ...
I = $3600×0.08×(16/12) = $384
Then the total amount that needs to be repaid is ...
Principal + Interest = $3600 +384 = $3,984
_____
The time period is 16 months, so is 16/12 years.
The time periods of the interest rate and "t" in the formula must match. If the interest rate is an annual rate, then "t" is in years. If the interest rate is a monthly rate, then "t" is the number of months.
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Answer:
97.2
Step-by-step explanation:
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Answer:
1.18b
Step-by-step explanation:
Jacob had lunch at a restaurant and his bill was b.
Now, Jacob leaves 18% of his bill amount as a tip.
So, the tip amount at the rate of 18% of the bill amount will be 
Therefore, the total cost of Jacob for the lunch will be b + 0.18b = 1.18b. (Answer)
When the multiples of the equations in a system is added or subtracted, the resulting equation together with any of the original equation will result in the same answer.
Hence, the system of equations
x + 4y = 2
7x = 14
will also have a solution of (2, 0).
