Answer:
5.6%
Step-by-step explanation:
$34,742. X 5.6% = $1,945.55
The amount of money borrowed is $ H
Time for borrowing is 25 years
Amount paid per month M
Amount paid per year 12M
Interest rate paid=I
Let the payment method be simple interest method, then:
I=(PRT)/100
plugging in our values we have:
I=(H×R×M)/100
hence:
I=HRM/100
4 quarts are in a single gallon
Equalities will have the words "is" or "equals" or "the same as" in the wording. These produce a unique solution.
Inequalities have phrases like "at most" or "at least" or "no more than" in them. Solutions are a range of values, ranging between 2 values, or from a particular value to positive or negative infinity.
1 hour and 30 minutes because when you subtract those you will get that answer