Answer:
Ashley would have to pay an additional $608.52 in interest when the length of the loan changes from 3 years to 5 years.
Step-by-step explanation:
Although the problem gives us the initial amount of the balance ($4000) and the interest rate (13%), we are really only concerned with the total amount Ashley will make in payments in three years versus five years. If she pays $134.78 for three years, that is 36 months, or $134.78 times 36 which is equal to $4852.08. However, if she decides to take longer to pay it and instead pays $91.01 for five years, or 60 months, then her total amount paid would be $5460.60. To find the difference between these two, simply subtract $5460.60-$4852.08 to get $608.52.
Answer:
2y=-14
Step-by-step explanation:
If y=-7 and you multiply y by 2, you do the same thing to both sides and get -7 × 2 = -14
Answer:
3 1/8, 8 1/5, 8 1/3
Step-by-step explanation:
8800 that’s the right answer
