Given:
Seven times the smaller of two consecutive even integers is the same as -300 minus 4 times the larger integer.
To find:
The integers .
Solution:
Let the smaller even integer be x.
So, larger even integer is x+2 because they are consecutive even integers.
Seven times the smaller integer = 7x
-300 minus 4 times the larger integer = -300-4(x+2)
Now,
Divide both sides by 11.
So, the smaller even integer is -28.
So, the larger even integer is -26.
Answer:
Commision rate 13%
Explanation:
The commission rate is equal to the commission as a percent of sells.
Now in our case,
sells = $2700
commission = $351
Therefore, the commission rate is equal to
The maturity value of a loan of $2500 at the simple interest rate of 4.3% that is needed to be repaid in 8 months is $2607.50.
<h3>What is simple interest?</h3>Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. It is calculated with the help of the formula,
where SI is the simple interest, P is the principal amount, R is the rate of interest, and T is the time period.
As it is given the principal amount of the loan is $2500, while the interest rate is 4.3%, therefore, after a period the interest on the loan will be,
Thus, the interest amount on the loan of $2500, is $107.5.
Now, in order to find the value of the loan we need to add the interest and the principal amount of the loan together. Therefore, the value of the loan can be written as,
The value of the loan = Principal Amount + Interest rate
= $2500 + $107.5
= $2607.50
Hence, the maturity value of a loan of $2500 at the simple interest rate of 4.3% that is needed to be repaid in 8 months is $2607.50.
Learn more about Simple Interest: