Answer:
The loan was for 9 months only
Step-by-step explanation:
In this question, we are concerned with calculating the time taken for a loan om an interest to be paid back
To calculate this, we use the simple interest formula
Mathematically;
I = PRT/100
where P is the principal which is the amount borrowed and that is $500 according to the question
R is the rate which is 8% according to the question
Interest can be calculated by subtracting the principal from the amount paid back = 530-500 = 30$
We now plug these values into the equation
30 = (500 × 8× T)/100
100 × 30 = 4000T
T = 3000/4000
T = 0.75 (same as 0.75 × 12 months = 9 months)
The x-axis.
In the form Y = mx + b
m is the slope, so no slope means that my is zero so that means x is zero also.
So you would end up with
y = b so that means y will always be that value and the only thing that will change is the x value. This will create a horizontal lines that is parallel to the x-axis
Answer:
umm...
Step-by-step explanation:
Answer:
helloo…
Step-by-step explanation:
I probably solved it right…
(If you don't understand my writing, I will rewrite it)