The interest paid for the loan will be:
I=(PRT)/100
P=$749.25
R=12%
T=120 days=120/30=4 months=1/3 years
Hence:
I=(749.25×1/3×12)/100
I=$29.97
The proceeds will be:
Net proceeds=(gross proceeds)-(expenses)
=749.25-29.97
=$719.28
Simply cross multiply and simplify to get a = 11
Hope this helped!! xx
Answer:
the answer is 5 cups
Step-by-step explanation:
let x rep a cup of sugar
and y rep a cookie
and k be constant
x/kx=6y/30y
k=5
The answer is 4/3 and I checked two times
