The loan will be for $25900 over 5 years at 6.25% what will the interest be on the loan
1 answer:
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Step-by-step explanation:
As we have to use the number 0-6 once to make 2 equivalent ratios.
so lets solve the problem.
Determining first equivalent ratio
as
- 5 times 2 = 10
and
- 32 times 2 = 64
so
- Together will get 10/64
Therefore, first equivalent ratio
Determining second equivalent ratio
as
and
Therefore, second equivalent ratio