50+30y
It is 30y because there are 7 days in a week and each week you deposit $5 so 5*7 is 30.
Answer:
in this case it is just multiplying the two items together
the THIRD CHOICE...
3x(x^2-5x-9)
3x^3 -15x^2 -27x
Step-by-step explanation:
The balance of the loan at 14 months= $10,561.25
It would take a total 23 months to pay off the loan.
The total amount of money paid for the car is = $9,052.5
<h3>Calculation of loan compounded monthly</h3>
The total loan for the car = $8,500
The rate at which the loan is compounded monthly is
= 6.5%
The monthly payment for the loan = $390
- To calculate the balance of the loan at 14 months;
Find the simple interest
= P×T×R/100
= 8,500 × 1 × 6.5/100
= 55,250/100
= $552.5
If 12 months = 8,500 + 552.5
14 months = X
make X the subject of formula,
X = 14 × 9052.5/12
X= 126,735/12
X = $10,561.25
- To calculate the period of time it will take to pay off the loan
The amount paid monthly = $390
The amount to be paid for the loan with interest = 8,500 + 552.5 = $9,052.5
If 1 month = $390
× month = $9,052.5
Make X the subject of formula,
X = $9,052.5/$390
X= 23 months
The total amount of money paid for the car is already calculated which is through the simple interest
= P×T×R/100
= 8,500 × 1 × 6.5/100
= 55,250/100
= $552.5
- Total amount of money paid for the car
= 8,500 + 552.5
= $9,052.5
Learn more about simple interest here:
brainly.com/question/20690803
#SPJ1
Answer:
Step-by-step explanation:
The total amount spent needs to be less than 35 dollars but it can also equal that amount. It can't be greater than 35 dollars because you can't spend money you don't have
Answer:
Latter C.
Step-by-step explanation:
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