Using simple interest, it is found that Devin will pay $60,125 altogether.
The amount paid in <u>simple interest</u> is:
In which:
- P is the principal.
- r is the interest rate, as a decimal.
- t is the time, in years.
In this problem:
- Owes $26,000 in student loans, thus
- Interest rate of 8.75%, thus
- Paid off in 15 years, thus
.
The amount he will pay is of:
![A = 26000[1 + 0.0875(15)]](https://tex.z-dn.net/?f=A%20%3D%2026000%5B1%20%2B%200.0875%2815%29%5D)
Devin will pay $60,125 altogether.
A similar problem is given at brainly.com/question/13176347
Every one of the answers is correct except 3.4
Answer: 38,200,000
Step-by-step explanation: just do 3.83e+7=38,200,000
Answer:
which inequality? where the question ?
Step-by-step explanation:
9514 1404 393
Answer:
60 m wide and 110 m long
Step-by-step explanation:
The more the shape deviates from a square, the smaller the area will be. The area can be reduced by making the park longer and narrower. The sum of length and width must remain the same for the perimeter to be unchanged.
Given park: 70 m × 100 m = 7000 m²
Smaller park: 60 m × 110 m = 6600 m² -- less area than 7000 m²
