The answer is 123.76
Hope I can help you (≧∇≦)
APR stands for Annual Percentage Rate and in this problem, we are given APR is equal to 9.7%
Per month rate = 9.7% / 12 months = 0.808%
Total credit interest for 12 months = 958.62 *0.097 = $92.97
In one month = $92.97/12 = $7.7475
If you pay at the end of the first month:
Payment = 105.00
The amount goes to principal:
Amount =$105 - $ 7.7475
Amount = $142.25
The answer is 30 I’m sure of it
The system of equations that could be used to determine the number of small cars rented and the number of large cars rented is;
x + y = 10
x + y = 105x + 7y = 66
<h3>Simultaneous equation</h3>
- Small car = 5 people
- Large car = 7 people
- Total cars = 10
- Total number of people = 66
Let
Number of small cars rented = x
Number of large cars rented = y
x + y = 10
x + y = 105x + 7y = 66
Learn more about simultaneous equation:
brainly.com/question/16863577
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Need to find the amount of the discount first
(9 - 6.75) = 2.25$
then find the %
(2.25/9) * 100 = 225/9 = 25%
