Answer:
Compound interest =$14.58
Simple Interest=$14.79
Step-by-step explanation:
Let's assume the interest rate charged on the loan was simple in nature.
-Simple interest is calculated using the formula:

Hence, the simple interest on the loan was $14.79
#If the interest is compound in nature with just one compounding per year:

Hence, the compound interest charged on the loan is $14.58
7(12 1/3) + 8(12 1/3 + 1/4) = 3(6(12 1/3) - 9) - 8
12 1/3 = 12.33
1/4 = 0.25
7(12.33) + 8(12.33 + 0.25) = 3(6(12.33) - 9) - 8
86.31 + 8(12.58) = 3(73.98 - 9) - 8
86.31 + 100.64 = 3(64.98) - 8
186.95 = 186.94 - 8
186.95 ≠ 178.94
False. The x, when 12 1/3 does not work inside this equation
hope this helps
Answer:
y+2=m(x+2)
Step-by-step explanation:
y - y1 = m(x - x1)
y- (-1) = m( x-(-1) )
y+2 = mx +2m
Answer:
They are proportional
Step-by-step explanation:
becaue the length of one of the square's sides is 1/4 the perimeter
Answer: second one
Step-by-step explanation: