Answer:
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i made a video explaining its on
Step-by-step explanation:
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
A. is the correct one I did it on my test and got it right
That is incorrect. The correct answer should be $398.38
First you take 9.2 times 40 and you get $368 which is how much he got paid for the first 40 hours. now he worked 2.25 hours extra so you take 9.2 * 1.5 because he gets 1.5 times more for extra hours. Then you add that to the $368 and you get $398.38
Answer:
75.36 inches
Step-by-step explanation:
C = π·d
C = 3.14(24)
C = 75.36
