James paid off the loan on his motorboat in the year 2006. He originally borrowed $6,500 to buy the boat, but with simple annual
interest, he discovered that he paid a total of $8,775 over the life of the loan. If James annual interest rate was 7%, in what year did his loan begin?
The number of computers sold has to be 30% more than 48. 30% of 48 plus the numbers sold last month .3 x 48 +48 14.4 +48 62.4 Round up because the numbers has to be an integer value. (You can't have 2/5 of a computer).
Your thoughts are correct; Ned loses 14 points overall.
The reason the correctly answered questions do not factor into the answer is because that is not what the question is asking. Correct answers are not even mentioned :)
