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BabaBlast [244]
3 years ago
10

Ariane borrows $500 on a 5−year loan. She is charged 5% simple interest per year. How much interest is she charged for 5 years?

What is the total amount she has to pay back?
Mathematics
1 answer:
k0ka [10]3 years ago
3 0
She is charged 25 dollar interest per year so 125 dollars in 5 years. Then she has to pay back 625 dollars.
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Given:

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To find:

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According to Euclis' division algorithm,

a=bq+r                ...(i)

Where, q is quotient and 0\leq r is the remainder.

It is given that a number when divided by 780 gives remainder 38.

Substituting b=780,\ r=38 in (i), we get

a=(780)q+38

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On dividing 780q+38 by 26, we get

\dfrac{780q+38}{26}=\dfrac{780q}{26}+\dfrac{38}{26}

\dfrac{780q+38}{26}=30q+\dfrac{26+12}{26}

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Since q is an integer, therefore (30q+1) is also an integer but \dfrac{12}{26} is not an integer. Here 26 is divisor and 12 is remainder.

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