The total interest is =$875.76
The ending balance due = $19075.76
<h3>Calculation of interest using US rule</h3>
The US rule states that the year will be calculated in 360 days and not 365
- At day 70 the interest= 26,000 × 0.09 × 70/360
= 163,800/360
= $455
He owes $26,000+$455 = $26,455 but he pays $2,900 leaving him with a depth of $23,555 at day 70.
- At day 107: another 37 days has passed, therefore interest = $23,555 × 0.09× 37/360
= 78438.15/360
=$217.88
So at this time he owes $23772.88, but pays off $4900 leaving with a balance on day 107 of $18872.88
It will be another 43 days till the note is due, therefore the interest that would the generated the remaining days =
$18872.88×0.09×43/360
= 73038.0456/360
= $202.88
Therefore at day 150 he is owing $18872.88 + $202.88 = $19075.76 ( ending balance due)
The total interest generated;
= $455+$217.88+$202.88
= $875.76
Learn more about simple interest here:
brainly.com/question/20690803
#SPJ1
Answer:
Step-by-step explanation:
It’s c
The correct answer is choice
20+4x=180
-20 -20
4x=160
4/4x=160/4
x=40
The value of x is 40, Choice d
You just have to multiply the numerators and the denominators.
The answer is 14 over 56. Then, you need to simplify the question.
So, since 56 is divisible by 14, divide the numerator and the denominator by 14.
Then you get your answer, which is one-fourth.
Hope that helped!
Answer: 12 inches
Step-by-step explanation:
