Complete question :
Wang Yong owes the bank $8500. To repay the debt, he paid a fixed amount back to the bank each month. After 12 months, his remaining debt was $6460. How much did Wang Yong pay each month?
Answer:
$170
Step-by-step explanation:
Given that:
Amount owed = $8500
Fixed amount replayed per month :
Amount left after 12 months = $6460
Amount paid per month :
Total amount paid over 12 months :
$(8500 - 6460) = $2040
Amount paid per month :
$2040 / 12
= $170
The amount after time t will be given by simple interest formula given by:
A=prt/100
where:
principle,p=$175
rate, r=3.5%
time, t=5 years
thus the rate earned after 5 years will be:
A=(175*3.5/100*5)
A=$30.625
Answer: B] 30.65
Answer:
y =6x+17
Step-by-step explanation:
First we need to find the slope
m = (y2-y1)/(x2-x1)
= (-7- -1)/(-4 - -3)
= (-7+1)/(-4+3)
-6/-1
6
The slope intercept form of the equation is
y = mx+b where m is the slope and b is the y intercept
y = 6x+b
Substitute a point into the equation
-1 = 6(-3) +b
-1 = -18+b
Add 18 to each side
17 =b
The equation is
y =6x+17
Answer:
= 3.66
Step-by-step explanation:
there you go have a good day
