Answer:
The loan was for 9 months only
Step-by-step explanation:
In this question, we are concerned with calculating the time taken for a loan om an interest to be paid back
To calculate this, we use the simple interest formula
Mathematically;
I = PRT/100
where P is the principal which is the amount borrowed and that is $500 according to the question
R is the rate which is 8% according to the question
Interest can be calculated by subtracting the principal from the amount paid back = 530-500 = 30$
We now plug these values into the equation
30 = (500 × 8× T)/100
100 × 30 = 4000T
T = 3000/4000
T = 0.75 (same as 0.75 × 12 months = 9 months)
Car load and insurance premium
Answer:
66
Step-by-step explanation:
Answer:
Part A: 108
Part B: 125
Part C: 1.71 x 10^-4
Part D: 0.2
Part E: 0.040
Sorry for the wait, laptop is being slow :/
I hope this helps.
Answer:
5
Step-by-step explanation:
4 + 19 + 3 + 3 + 2 + 3 + 2 + 4 = 40
40 ÷ 8 = 5
I hope this helps! Stay safe and have a wonderful day! Peace!✌
