To buy a computer, Raquel borrowed $3,000 at 9%
1 answer:
Answer:
$4080
Step-by-step explanation:
We have the amount she will pay back, but first, we need to find the Interest accrued.
Simple Interest is given as:
where P = principal
R = rate
T = time taken (in years)
Therefore, the interest on $3,000 at 9% simple interest for 4 years is:
I = $1080
Therefore, the amount she will pay back is:
$3000 + $1080 = $4080
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Answer:a is the correct option
Step-by-step explanation:
The table is divided into columns for month, sales and expense
Total number of sales for four months is determined by adding up the sales for each month. It becomes
35.75+65.34+12.15+49.68= $162.92
Total number of sales for four months is determined by adding up the expenses for each month. It becomes
43.18+52.24+41.09+59.50=196.01
Profit or loss = total sales - total expenses
Therefore 162.92-196.01 = - $33.09
It's a loss because it is negative
