Solve 1/5 (x+3)=−(2x+3)
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Answer:
Interest: $50 | Total: $250
Step-by-step explanation:
You are going to want to use the simple interest formula for this. The one below is modified for solving the interest earned.
<em>I = interest amount </em>
<em>P = principal amount </em>
<em>r = interest rate (decimal form) </em>
<em>t = time</em>
<em />
Now we can plug in the values into the equation:
This means that Ariane is charged $50 worth of interest. She has to pay back $250 total dollars.