It took 1.9 years to pay back the loan.
<h3>What is Interest ?</h3>
Interest is the amount of money given or received when a certain sum of amount is received as a loan or given or deposited for investment.
It is given that
Principal amount of loan = $ 8000
Interest paid = $ 600
Rate = 4%
Time Period = ?
Assuming Simple Interest has been applied
I = ( P* R* T) /100
600 = ( 8000 * 4 * T ) / 100
60000 = 8000 * 4 * T
T = 1.875 years
T = 1.9 years rounded to 1 decimal
T = 22.5 months
Therefore it took 1.9 years to pay back the loan.
To know more about Interest
brainly.com/question/13324776
#SPJ1
So the problem is 40 divided by 3 which is 13.3% with a line over the 3 because it is infinante
The graph would not make a parallelogram.
A null hypothesis is a statement where there is no association between the two groups you're talking about.
Okay well the last number is in the thousandths place so put 216 over 1000. 216/1000. Now to simply. Find the biggest common denominator. the biggest common denominator is 8. So now you divide: 216÷8=27, 1000÷8=125 now put 27/ 125. ANSWER: 216/1000=27/125
