Answer:
$90
Step-by-step explanation:
The principal amount in the loan taken by Sharon is $750 . Note hat the $20 processing fee is a one time cost and is not included in the interest calculation.
Annual Rate of interest offered to Sharon is 12%
Time interval for the loan transaction is 1 year.
So the interest for 1 year is given by \[Principal * Rate * Year /100\]
\[750 * 12 * 1 /100\] = $90
So, Sharon will have to pay $90 as interest for the loan amount $750 borrowed for one year at the rate 12%.
288 is your answer
Hope this helps :) have a good day
3x+4=10
Subtract 4 from both sides
3x=6
Divide both sides by 3
X=2
Sides = 10,10,5
Problem 5. 4x+1=29
Subtract 1 from both sides
4x=28
X=7