Amount of car loan taken by Scott = $5500
Amount of loan paid back by Scott = $7370
Then
Amount of money paid as interest by Scott = (7370 - 5500) dollars
= 1870 dollars
Then
Percentage of interest given for the car loan = (1870/5500) * 100
= 1870/55
= 34 percent
So Scott had to pay a total interest rate of 34% in the four years.I hope the procedure is simple enough for you to understand and solve future problems.
Answer:
HAVE YOU WATCHED OCTOPUS GAME
Step-by-step explanation:
<h3><u>The unknown number is equal to 4.</u></h3>
8x - 27 = 5
Add 27 to both sides.
8x = 32
Divide both sides by 8
x = 4
Answer:
7
Step-by-step explanation:
Working backward, we can find Bob's initial product.
We subtracted 3 to get 1, so we had 4.
We divided by 5 to get 4, so we had 20.
We added 6 to get 20, so we had 14
After Bob multiplied the two numbers together, he had 14. We know that 14 is the product of 2 and 7. The odd number is 7.