So we know that the word 'product' means multiplication, and that means that h and 4 are being multiplied. Also, one-fifth of x is another way of saying that one-fifth is being multiplied with x. So then we can construct the equation:
And we can then simplify this by taking out the multiplication sign:
And so since we do not know what x or h is equal to, this is as far as we can go.
Answer:
Total cost of repayment
Net interest paid
Step-by-step explanation:
Given
Amount taken on loan
Repayment plan
Monthly installment
Yearly installment
Rate of interest per year %
Time Period for repaying the loan years
The total amount repaid by Jameson at the rate of per month for next
months
Net interest paid
Total cost of repayment
Net interest paid
You should be able to set up a proportion between the sides something like (18+x)/x=(56+21)/56
