Answer:
The interest charged is $7.49.
After 29 days, Travis paid a total of $607.49
Step-by-step explanation:
Travis obtained a cash advance for $600.
The interest rate is 0.04305% per day.
The simple interest rate formula is given by:
Where <em>I</em> is the interest, <em>P</em> is the initial amount, <em>r</em> is the rate, and <em>t</em> is the time (in this case in days).
Our initial amount <em>P</em> is $600.
Our interest rate <em>r</em> is 0.04305% or (moving the decimal two places to the left) 0.0004305.
Since Travis repaid the loan after 29 days, our <em>t</em> is 29.
Hence, our interest is:
So, the interest charged is about $7.49.
So, after 29 days, Travis paid a total of the original $600 plus an interest of $7.49 for a total of $607.49
Standard form: Ax + By = C
Y = 7/5x - 2
Subtract y and add 2
7/5x - y = 2
Multiply by 5
Solution: 7x - 5y = 10
Answer:
Step-by-step explanation:
<u>Step 1: Solve for y in the first equation</u>
<u>Step 2: Determine the important aspects</u>
We know that our line is parallel to the other line that has a slope of 1/3 which means that our slope is also going to be 1/3. We also know that our line crosses the point (18, 2) which means that we can use the point slope form to determine our equation
Point Slope Form →
<u>Step 3: Plug in the information and solve</u>
Answer:
The total number of minutes for all casses is 150 minutes