A customer bought the following items for her children during a back-to-school sale 2 dresses at $31.50 each 1 purse at $10.98
1 answer:
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Let the first and smaller number be x. Since the second number is 5 times the first, the second number is 5x. We also know both of these numbers must add to 50; thus, we can create the following equation.
Combine like terms
Divide both sides by 6
This is the value of the first number. The number you're looking for isn't specified in the question description, so I'll just provide the value of the second number. The second number has to be 5 times the first.
Thus, we just multiply 5 to x.
That's the value of the second number.
Answer:
Step-by-step explanation:
Mrs. Siebenaller bought a bus for 25,000 with a 7% interest rate and she gets a loan payoff of 60 months,
We know that,
Where,
PV = Present value of annuity = 25000,
r = rate of interest of each period = % monthly
n = number of periods = 60 months,
Putting the values,
Hence total amount paid is,
Therefore interest amount is,