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FromTheMoon [43]
3 years ago
13

You take out two loans for school. The first loan is 15,000 dollars with 4% interest per year. The second loan is 20,000 dollars

with 2.9% interest per year. Which loan is charging the most interest?
Mathematics
2 answers:
NISA [10]3 years ago
6 0
The first loan charges more with $600 . The second loan charges $580.
antoniya [11.8K]3 years ago
3 0

Answer:

<h2><em>The First Loan Charges More. </em></h2>

Step-by-step explanation:

<u>The First Loan: $600</u>

4%= 0.04

0.04 times 15,000 = 600 + $ = $600

<u>The Second Loan: $580</u>

2.9% = 0.029

0.029 times 20,000 = 580 + $ = $580

580 < 600

<h2>Hope this helped! </h2><h2>(Brainliest Please :3) </h2>

-- Juri Davis

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Answer:

See Explanation

Step-by-step explanation:

The question is incomplete as the number line is not attached.

<em>However, the following will guide you through</em>

Given

AB = \frac{1}{3}AC

Required

Determine BC

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AB + BC = AC

Substitute \frac{1}{3}AC for AB

\frac{1}{3}AC + BC = AC

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BC =  \frac{2AC}{3}

BC =  \frac{2}{3}AC

This implies that you multiply the length of AC by 2/3 to get BC

<em>Take for instance, AC = 24</em>

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<em />BC = \frac{2}{3} * 24<em />

<em />BC = \frac{48}{3}<em />

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<em />

<em>Or if AC = 12</em>

<em>BC will be:</em>

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<em />

<em>Or if AC = 36</em>

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<em />

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Answer:

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Answer:

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