HELP!!!! PLEASE I NEED HELP!!!!
1 answer:
for the first one it is the second option because of one property of logarithms:
log(a)-log(b)=log
for the second one using the same property we can say that we third option is correct and not the second one but we use one more property of the logarithm
loga(b)^x=xloga(b) the power of the logarithm becomes a fator and is equal to
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Answer:
He paid $253.09 in interest.
Step-by-step explanation:
To find how much did he pay in interest, we use the simple intrest formula, that is given by:
In which I is the value paid in interest, P is the money borrowed, r is the yearly interest rate and t is the time.
In our problem, we have that:
He borrowed $4,400, so
At 4.75% yearly. We measure the time in days, so we have to divide this value by 365. So .
From December 26, 2019 to February 21, 2021, there are 422 days, so .
He paid $253.09 in interest.