8 years old in in 6th GRADE and I'm pretty sure that the answer for this problem is 8 years old
You can multiply any number by both 9 and 27 to get an equivalent ratio. For example, you have 9:27. Multiply both of them by 2, and you get 18:54.
Answer:
The principal amount was $23,393.45
Step-by-step explanation:
The total amount paid on a 35 year loan was $98,000 at the rate of interest 4.1%
We will calculate Principal amount by this formula

Where A = amount (98,000)
P = Principal amount (P)
r = rate of interest 4.1% (0.041)
n = number of compounding interest monthly (12)
t = time (35 years)



98,000 = P(4.189386)
= 4.189386P = 98,000
P = 
P = 23,392.4494 ≈ $23,392.45
The principal amount was $23,393.45
<span>$2,500 * 0.095 = $237.50 in interest for that year.</span>