Hi I just got in bed and I am taking my points
Answer:
200
Step-by-step explanation:
Use the ratio: 20/100 = 40/X
Simplify the ratio: 1/5 = 40/X
Cross Multiply: 1X = 200
Divide both sides by 1: 1X/1 = 200/1
Simplify: X = 200
Simple interest<span> is determined by multiplying the daily </span>interest<span> rate by the principal by the number of days that elapse between payments. It is expressed as:
I = Prt
I = 1500(.118)(2) = 354
Total amount to pay = $1854
Monthly payment = $77.25
Hope this answers the question. Have a nice day.</span>
Answer:
the answer is in the attachment
Step-by-step explanation: