Jameson is seeking a loan with a simple interest rate of 3% per year. If he wants to borrow $8,000, then how much will he be cha
rged in interest after 4 years?
2 answers:
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Answer:
<h2> RS = 47</h2>Step-by-step explanation:
RV=VU and SW=WT ⇒
Therefore:
3x + 5 = 4x - 11 {subtract 5 from both sides)
3x = 4x - 16 {subtract 4x from both sides)
-x = -16 {divide both sides by (-1)}
x=16
So:
RS = 2x + 15 = 2×16 + 15 = 32 + 15 = 47