Given:
Rate of simple interest = 5%
Time = 4 years
Total interest = $160
To find:
The amount borrowed by Austin from a credit union.
Solution:
The formula for simple interest is:
Where, P is principal, r is the rate of interest and t is the number of years.
Putting 
in the above formula, we get
Multiply both sides by 5.
Therefore, Austin borrowed $800 from a credit union for 4 years.
Undefined is the answer for me. Lol
DescriptionIn mathematics, an inequality is a relation which makes a non-equal comparison between two numbers or other mathematical expressions. It is used most often to compare two numbers on the number line by their size.
Answer:0
The can will have no value after 5 years
Step-by-step explanation:
If it lost 20% value in the first year after 5 year is amount to 100% devalued making it worth nothing at the fifth year.
20/100*24000=$4,800 in the first year
After the first year the value will be
Therefore in five year the value will be
4800*5= $24000 devalued
Making the car zero worth
