Answer:
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or amount taken as loan
R represents interest rate
T represents the duration of the loan in years.
1) From the information given,
P = cost of gym = $2200
R = 6%
T = 3 years
I = (2200 × 6 × 3)/100 = $395
The total amount that he would pay after 3 years is
2200 + 395 = $2596
If he decides to continue going to the gym, the total amount that the would pay in 3 years(3 × 12 = 36 is
80 × 36 = 2880
Therefore, paying for the gym would cost more. He should take the loan.
2) if she takes the loan, the interest would be
I = (18000 × 7.5 × 5)/100 = $6750
The total amount that she would pay back after 5 years is
6750 + 18000 = $24750
Since the value that would be added to her house is $25000, therefore, she should buy it.
Answer: 3
Explanation:
2/3 divided by 2/9
2/3 times 9/2
= 3
Answer:
If they are parallel then the answer should be 28m
Step-by-step explanation:
Where are the choicess................
Answer:
$26.25
Step-by-step explanation:
I'm not completely sure if I did this right because I haven't used this in a while, but let's say sodas are x and hot dogs are y. The first equation would be 3x+4y=15 and in order to solve for x or y you have isolate them to seperate sides because if there is not letter on the other side, it will just end up being zero... if that makes sense. subtract 3x so the equation is now 4y=15-3x and divide everything by 4, to make the equation y=3.75-3/4x. Do the same thing but subracting the 4y and dividing by 3 to get the x value. Now we're left with y=-3/4+3.75 and x=5-4/3y (or x=5-1 1/3y). remember that x=sodas and y=hotdogs. The equation we need to create has seven hot dogs and no sodas, so we simply need to take the equation for y and substitute y for 7 because we have 7 hot dogs and y is the symbol used for hot dogs. This equation would now be 7(-3/4x+3.75) because hotdog=y=-3/4x+3.75, so hotdog=-3/4+3.75 and we have 7 hot dogs so you just multiply that by 7