Answer: B) $4,000
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or amount taken as loan
R represents interest rate
T represents the duration of the loan in years.
Considering Cathy's loan,
P = $20,000
R = 5.2%
T = 10 years
I = (20000 × 5.2 × 10)/100
I = $10400
Considering Steven's loan,
P = $20,000
R = 4.8%
T = 15 years
I = (20000 × 4.8 × 15)/100
I = $14400
The difference between the amounts of interest Cathy and Steven paid for their loans is
14400 - 10400 = $4000
I believe it's 3 months because 12 divided by 4 is 3.
Answer:
1 9/16 square feet or 1.5625 square feet
Step-by-step explanation:
Area of a rectangle is Length x Width
First convert 2 1/2 into a number that is just a fraction.
2 = 4/2 so 4/2 + 1/2 = 5/2
Now you can multiply the two fractions to find the area.
area = 5 5 25
-- x -- = -----
8 2 16
To simplify this, you know 16/16 = 1 so subtract 16 from the numerator which leaves 9/16
Your answer will be 1 and 9/16
Answer:
4 seconds after-
Step-by-step explanation:
i just took the test.
