Based on the simple interest amount he could be making, and the rate of investment, Tyrell's additional interest per month is $1,000.
<h3>How much is Tyrell paying in additional interest?</h3>
Assuming the additional interest that Tyrell is paying is x, the following formula can be used:
300 = (x × 2.5%) x 12 months
Solving gives:
300 = 0.025x × 12
0.025x = 300/12
x = 25 / 0.025
x = $1,000
Find out more on additional interest at brainly.com/question/27037531.
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Answer:
40
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Step-by-step explanation:
Posting screenshot of my answer in the linked question in case it gets deleted.
Answer:
Y-int:2
Slope: 4
Step-by-step explanation:
Hope this helps!
P.S. Stay Safe!
<span>The sum of 324, 435, and 546 is 1305. If this number were to be expressed by the base of 7, we would need to figure out what value of exponent would satisfy the requirement. This can be done by setting up an equation where 7 to the power of x must equal 1305. Using logarithms, one can solve for x and find it to be 3.6866853. Thus the sum of the aforementioned numbers, expressed in by the base of 7, is 7^3.6866853.</span>
