Converting their ages to months:
12*12=144months + 3 months
=147 months
Now, 3 is equivalent to 147 months;
4 will be equivalent to;
4*147/3
= 196 months
= 16 years and 4 months
According to my calculations, after 200 miles, the prices will be equal.
Answer: 4.5 looks the most reasonable to me.
Step-by-step explanation:
Answer:
$5,460
Step-by-step explanation:
Given that :
Loan taken = principal (p) = $10,000
Simple Interest rate (r) = 9.1% = 0.091
Interest owed at the end of 6 years = t
Simple interest = (principal * rate * time)
Interest owed = 10,000 * 0.091 * 6
Interest owed = 910 * 6
Interest owed = $5,460
I hope you can read this. If you have any questions or need a better photo, feel free to ask.
