Answer: the interest on the loan is $39.38
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or amount taken as loan
R represents interest rate
T represents the duration of the loan in years.
From the information given,
P = $350
R = 4.5%
There are 12 months in a year. Converting 30 months into years, it becomes
30/12 = 2.5. so
T = 2.5 years
Therefore
I = (350 × 4.5 × 2.5)/100
I = $39.38
Answer:
x=8
Step-by-step explanation:
5(x/2+3)=35
x/2+3=35/5
x/2+3=7
x/2=7-3
x/2=4
x=4*2
x=8
Answer:
rectangular pyramid and 126 yd^2
Answer:
pretty sure the answer is C) 54
Step-by-step explanation:
I'm in 10th grade and I been in advanced math for my entire life