Simple interest means the interest at the end of each year will always be 8% of 2000 (assuming he doesnt pay some of it off), and will not be compounded with the existing interest.
To get a percentage, multiply by the percentage/100, in this case i.e. multiply by 0.08.
2000*0.08 = $160.
Therefore he has $160 of interest each year to pay.
Now we just need to work out how many lots of 160 go into 640, i.e. divide through.
640/160 = 4 - therefore he has had the loan for 4 years.
Answer:
$630
Step-by-step explanation:
They raised 70% of $900.
70% of $900 = 70% × $900 = 0.7 × $900 = $630
I find it easier with problems such as these, to turn the fractions into decimals.
2/3 = 0.666
3/5 = 0.6
which means 2/3 is greater
Answer:
for y=2sinx , the amplitude is 2 .
Step-by-step explanation:
I searched it up :)