5. Jon Metcalf signed a 253-day simple interest note for $7700 with a bank that uses exact interest. If the rate is 10 3/4% find
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Answer:
Step-by-step explanation:
Given that:
Speed of Wilmer up the hill = km/min
Time taken up the hill = minutes
Speed of Wilmer down the hill = km/min
Time taken up the hill = minutes
Distance can be calculated by multiplying the Speed with Time i.e.
The formula for distance is given as:
Distance up the hill =
Distance down the hill =
It is well known that, the distance up the hill and down the hill will be same.
Putting both the values equal, we get: