Answer:
The value is Approximately 56
8 + 3(16-12)
8 + 3(4)
8 + 12
20 is your answer
hope this helps
Answer:
$5,030.40
Step-by-step explanation:
The balance outstanding at the end of any month is the due amount after adjusting for interest and loan repayment amount. The amount outstanding can be calculated as:
<u>First month</u>
Due amount = $6,000
Interest at 2% = $6,000*2% = $120
Loan repayment = $600
Reduction in balance = $600 - $120 = $480
Balance remaining = $6,000 - $480 = $5,520
<u>Second month</u>
Due amount = $5,520
Interest at 2% = $5,520*2% = $110.4
Loan repayment = $600
Reduction in balance = $600 - $110.4 = $489.60
Balance remaining = $5,520 - $489.60 = $5030.40
Hence, the balance outstanding at the end of month 2 is $5,030.40
If solving for y:
→ 2x + y = 8
→ Take away 2x from both sides
→ y = 8 - 2x
If solving for x:
→ 2x + y = 8
→ Take away y from both sides
→ 2x = 8 - y
→ Divide both sides by 2
→ x =