Answer:
John have to pay back $23,327.50 at the end of two years
Step-by-step explanation:
Simple Interest (I) = (PRT) ÷ 100
where P = Principal, R = Rate, T= Time
I = ($150500 × 7.75 × 2) ÷ 100
I = ($2332750) ÷ 100
I = $23,327.50
6x-6=8x
subtract 6x from both sides
-6=2x
divide both sides by 2
x= -3
Answer:
1000÷50%=2000
Step-by-step explanation:
hope it helps