Using simple interest, it is found that:
- The total amount paid was of $7,084.8.
- The finance charge was of $584.8.
- The simple interest rate was of 3%.
<h3>Simple Interest</h3>
Simple interest is used when there is a single compounding per time period.
The amount of interest after t years in is modeled by:
In which:
- r is the interest rate, as a decimal.
In this problem, the amount paid was of 36 monthly payments of
$196.80, hence:
36 x 196.80 = $7084.8.
The total amount paid was of $7,084.8.
The original price is of $6,500, hence the finance charge was of:
7084.8 - 6500 = $584.8.
For interest, we have that:
, hence:
The simple interest rate was of 3%.
More can be learned about simple interest at brainly.com/question/25296782
First, you combine like terms. I would start by circling the term and the sign in front of it. (A term is a piece separated by an addition/subtraction sign.) You can only combine terms with the same variable. 4.8a-2.1a-6.3b+7b is the same as your equation, just rearranged. Then, subtract (4.8a-2.1a) which is 2.7a. Add (-6.3b to 7b) The answer is 0.7b. If you have any questions, you can message me!
Answer: He does have enough.
Explanation: Simplifying 7/8 cups to fourths you get 1 3/4 cups of milk. If he has 2 cups of milk he still would have 1/4 cup left over of milk.
Answer:
567 Miles
Step-by-step explanation:
Population mean = (7+8+6+6+6+4+4+1+2+7+6+1+1+1+3+3+5+4+5+7) / 20 = 87/20 = 4.35 <==
sample mean = (4+5+7) / 3 = 16/3 = 5.33 <==
