Draw whats on the paper, thats your answer
Answer:
Jimmy ran 12 miles last week.
Step-by-step explanation:
32-20=12
Answer:
Balance = $14,723.06
Step-by-step explanation:
Given:
Principal (P) = $15,000
Interest Rate (R) = 7.5%
Time (T) = ¹/12
Monthly payment = $185.49
Required:
Balance of the loan at the end of 3 months using the formula for simple interest.
SOLUTION:
First Month:
Principal => $15,000
Add interest => => $93.75
= $15,093.75
Less payment => $185.49
= $14,908.26
Second Month:
Principal => $14,908.26
Add interest => => $93.18
= $15,001.44
Less payment => $185.49
= $14,815.95
Third Month:
Principal => $14,815.95
Add interest => => $92.60
= $14,908.55
Less payment => $185.49
<h2>
Balance = $14,723.06</h2>