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Drupady [299]
2 years ago
7

If $5,000 is borrowed at a simple interest rate of 4.70% p.a., calculate the interest charged for 7 months.

Mathematics
1 answer:
qwelly [4]2 years ago
7 0

Answer:

Using a personal loan APR of 7.63% as an example, here's a simple breakdown of what the personal loan payment calculator can show you for a $5,000 loan and $10,000 loan.

Step-by-step explanation:

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The equivalence of the equation is 5x + 48 = 5x + 3.

Since 48 cannot be equal to 3, hence there are no solution.

<h3>What is the value of x?</h3>

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We remove the parentheses

x-4[ x - 2( x + 6) ] = 5x + 3

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We can go further and collect like terms

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Since 48 cannot be equal to 3, hence there are no solution.

Learn more about equations here: brainly.com/question/14686792

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