Using simple interest, it is found that Devin will pay $60,125 altogether.
The amount paid in <u>simple interest</u> is:
In which:
- P is the principal.
- r is the interest rate, as a decimal.
- t is the time, in years.
In this problem:
- Owes $26,000 in student loans, thus
- Interest rate of 8.75%, thus
- Paid off in 15 years, thus
.
The amount he will pay is of:
![A = 26000[1 + 0.0875(15)]](https://tex.z-dn.net/?f=A%20%3D%2026000%5B1%20%2B%200.0875%2815%29%5D)
Devin will pay $60,125 altogether.
A similar problem is given at brainly.com/question/13176347
Answer:
The volume of the prism is the area of the base times the height. So to calculate height, divide the volume of a prism by its base area. For this example, the volume of the prism is 500 and its base area is 50. Dividing 500 by 50 results in 10.
Answer:
the correct option is d on edg. Hope i helped:)
Step-by-step explanation:
Answer:
The answer is Choice D
Step-by-step explanation
The median is the middle value in the given set of data.
If the data is even, then there will be two middle numbers, then the median is the average of these two middle numbers.
Thus, from the data, it is obvious that the number of data in the given set is 13.
Hence, the middle number is 23.
Therefore, the median of the data is 23.
