Let's take an example to illustrate this case:
<span>positive fraction = 2/7
</span>
<span>negative fraction = - 3/5
Now we need to subtract </span><span>- 3/5 from 2/7
Right?
2/7 - (-3/5) = 2/7 + 3/5
here we need to unify the denominators as follows:
the lowest common factor between 7 and 5 is 35
2/7 = 10/35
3/5 = 21/35
Now back to </span><span>2/7 + 3/5:
</span><span><span>2/7 + 3/5 = 10/35 + 21/35 = (10+21)/35 = 31/35
That's it
Hope that helps you</span>
</span>
8 x 45 = 8(40 + 5) = 320 + 40 = 360
Answer:
The total amount of interest Samantha will pay=$40,842.47
Step-by-step explanation:
Step 1: Determine expression of total interest amount to be payed
The expression for the total interest amount to be payed inclusive of interest is given by;
A=P(1+r/n)^(nt)-P
where;
A=total amount of interest to be payed
P=principal loan amount
r=annual interest rate
n=number of compounding periods in a year
t=number of years
In our case;
P=$40,000
r=4.7%=4.7/100=0.047
n=12
t=15 years
replacing;
A=40,000(1+0.047/12)^(12×15)-40,000
A=40,000(1.00392)^180-40,000
A=40,842.46821
The amount rounded of to the nearest cents=1/100=0.01, round off to the nearest 2 decimal places=40,842.47
The total amount of interest Samantha will pay=$40,842.47
Answer: Should be 163
Step-by-step explanation: Substitute the value of the variable into the expression and simplify.
163
