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Answer:
Amount of interest pay per year = $97.5 (Approx.)
Step-by-step explanation:
Given:
Amount borrow for college expenses = $3,897
Rate of interest = 2.5%
Find:
Amount of interest pay per year
Computation:
Using Simple interest formula;
Simple interest = Amount borrow x Rate of interest x number of year
Amount of interest pay per year = 3,897 x 2.5% x 1
Amount of interest pay per year = 3,897 x 0.025
Amount of interest pay per year = 97.425
Amount of interest pay per year = $97.5 (Approx.)
Answer:
x > 17
Step-by-step explanation:
Add 8 to both sides:
6x - 8 > 4x + 26
6x > 4x + 34
Subtract 4x from both sides:
2x > 34
Divide each side by 2:
x > 17
So, the solution is x > 17
Answer: 1.25
Step by step:
= 10/8
= 1.25
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