The amount of extra interest that will be paid is $24300
Since Nellie took out a car loan for $45,000 payable for 6 years at an interest rate of 15%, the interest that she will pay will be:
= ($45000 × 6 × 15) / 100
= $40500
On the other hand, if she hasn't applied for bankruptcy, the amount that she will pay will be:
= ($45000 × 6 × 6) / 100
= $16200
Therefore, the difference between the interest will be:
= $40500 - $16200
= $24300
The correct option is $24300. The given options are incorrect.
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Answer:
I have gotten 216/61, but I am not sure if this is right.
Step-by-step explanation:
By using the "Keep It, Change It, Flip It" tactic, I was able to come up with an answer and simplify it.
1. Keep the original divisor.
162/3
2. Change the sign.
Division becomes multiplication.
3. The last fraction is reciprocated.
61/4 becomes 4/61.
Answer:
The answer is the third option from the top:
0, 0, 11, 15, 26, 32, 45, 46, 46, 46, 60, 71, 84, 88
The answer you are looking for is -17/44
