Answer:
<u>$600</u>
Step-by-step explanation:
The costs associated with the loan is:
$25 processing fee
1.5% interest, or, 1.5/100 = 0.015 of Loan
Total charge is given as $34, subtracting processing charge:
34 - 25 = $9 for interest
We now want:
What amount (loan amount we are looking for)'s 1.5% is $9??
We can say the amount to be "x", so we can write:

Hence, x is:

<u>Hence, Mr. Hernandez took a loan of $600</u>
Answer: C) $1951.53
<u>Step-by-step explanation:</u>

- A is amount accrued (final balance)
- P is the Principal (original amount deposited)
- r is the rate (in decimal form)
- t is the number of years
A=1500(1+0.068)⁴
= 1500(1.068)⁴
= 1951.53
1)
34a = 14
a = 14 ÷ 34
a = 7/17
2)
<span>-29 = -32m
-32m = -29
m = 29/32
</span>
Maybe he’s more respected or trusted