Principal amount taken as loan = $12967.20
Rate of Interest at which the loan is taken = 4.5%
Time for which the loan is taken = 6 years
Then
Amount of loan that needs to be repaid = Principal [1 + (Rate * Time)]
= 12967.20 [ 1 + (4.5% * 6)]
= 1296.20 [ 1 + 0.27]
= 1296.20 * 1.27
= 1646.17
So the amount of loan that needs to be repaid is $1646.17. I hope the procedure of solving such problems is clear to you and in future you will be able to solve the problems on your own without taking any help.
Answer:
180+45w=900. w= 16
Step-by-step explanation:
we start with 180 already saved. so 900-180 is 720. And 720÷45 is 16. Therefore it will take 16 weeks to save all 900 dollars.
Answer: x = -4.6 or -14/3
Step-by-step explanation: you have to isolate the variable by dividing the sides that dont have a variable
2x² - 3x - 20
40
2 20
4 10
5 8
2x² - 8x 5x - 20
2x(x - 4) 5(x - 4)
(2x + 5) (x - 4)
2x + 5 = 0 x - 4 = 0
2x = -5 x = 4
x = -5/2
C) x = -2.5 and 4
Step-by-step explanation:
Let's assume Debbie paid $1700 in interest, while Jan paid $9000.
Debbie Saves = $1700* 0.28
Jan Saves = $9000 * 0.28
Debbie Saves $476 in taxes
Jan Saves $2520 in taxes