Answer: the original amount of the loan is $52000
Step-by-step explanation:
Let P represent the original amount of the loan. We would apply the formula for determining simple interest. It is expressed as
I = PRT/100
Where
P represents the principal or the original amount of the loan.
R represents interest rate.
T represents the duration for which the loan was given in years
I represents the interest.
From the information given,
R = 5.75%
T = 4 year
After four years, the loan has increased $11960 in interest. This means that
I = 11960
Therefore,
11960 = (P × 5.75 × 4)/100
11960 = 23P/100 = 0.23P
P = 11960/0.23
P = 52000
Answer 1) x = 7 so in 7 months
2) 43,425 + 75x = 45,000 - 150x
Step-by-step explanation:
basically town A is gaining 75 people monthly and town B is decreasing 150 monthly so 43,425 + 75x = 45,000 - 150x and then you find out in 7 months both town will have equal population hope i helped
Answer:
D
Step-by-step explanation:
Its 5x (on bottom row, its the simplest way to put it), and 625 x 5 = 3125, then 3215 x 5 = 15625. So its D.
I believe the answer could be 13n.
