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Zielflug [23.3K]
2 years ago
7

Richard has a 180 day loan from his bank to pay for a new swimming pool. His loans maturity value is 30,640 and he is paying 10

% exact interest. How much did he borrow
Mathematics
1 answer:
alisha [4.7K]2 years ago
5 0

Answer:

1. A loan is money that you have borrowed and 7. The formula for the amount financed is must repay. the cash price plus the exact interest. 2. A single-payment​ .

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Step 1    

<u>Find the value of TS</u>

we know that

if PQ is parallel to RS. then triangles TRS and TPQ are similar

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TS =\frac{TR*QT}{TP}

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the value of SQ is 3\ cm

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