The amount of extra interest that will be paid is $24300
Since Nellie took out a car loan for $45,000 payable for 6 years at an interest rate of 15%, the interest that she will pay will be:
= ($45000 × 6 × 15) / 100
= $40500
On the other hand, if she hasn't applied for bankruptcy, the amount that she will pay will be:
= ($45000 × 6 × 6) / 100
= $16200
Therefore, the difference between the interest will be:
= $40500 - $16200
= $24300
The correct option is $24300. The given options are incorrect.
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Answer:
slope: 5/7
0.714 mile per hour
Step-by-step explanation:
slope: find the point where the line is right on the line graph, put y/x which is 10/14 make the fraction smaller which is 10/14 = 5/7(I divide the denominator and nominator by 2)
Mile per hour: 5/7 cross multiply with x/1, make into an equation:
7x=5 x 1
7x = 5
x = 0.714
1. x = 118 2. x = -54 3. x = -54 4. x = -54
The ratio of the trout with tags that are caught and the total trout with tags is first calculated.
r = 12 trout / 180 trout = 1/15
Then, we divide the number of trouts caught without tag by the value obtained above.
N = (48 - 12) / (1/15) = 540
Then, we add the number obtained above and 180.
T = 540 + 180 = 720
ANSWER: 720
