Answer:
$10,603.20
Step-by-step explanation:
You can calculate the simple interest of the loan using the formula:
I = prt, where I = interest, p = principal amount, r = interest rate and t = time. Plugging in the values from the problem:
p = $7,050
r = 8.4% or 0.084
t = 6 years
I = (7050)(0.84)(6) = $3,553.20
To find the total cost of the boat, add the interest and the purchase price:
$7,525 + $3,553.20 = $11,078.20
Answer:
6.45
Step-by-step explanation:
29.95+7.75%=32.27
32.27/5
6.45
Answer:
C
Step-by-step explanation:
Answer:
12
Step-by-step explanation:
12 divided by 1 using long division is 12. As long as a number is divided by 1 the number is the same as the dividends number.
