Answer:
Interest Rate on 2-Year Loan...$435.6
Interest Rate on 5-Year Loan...$1,452
Step-by-step explanation:
The formula for calculating simple interest is as follows.
I = P x R x T,
where I = interest
P= Principal
R= interest rate
T= time
For the loan at 4.5 percent for 2 years, the interest will be
= $4,840 x 4.5/100 x 2
= $4,840 x 0.045 x 2
= $435.6
Total cost of the loan will principal plus interest
=$435.6 + $4,840
=$5,275.6
Monthly loan cost
= $5,275.6/24
=$219.81
Total loan cost..$5,275.6
Monthly loan cost ...$219.81
For the Loan at 6 percent for 5 years, the interest will be
= $4,840 x 6/100 x 5
= $4,840 x 0.06 x 5
=$1,452
Total cost of the loan will be principal plus interest
=$ 4,840 + $1,45
=$6,292
Monthly costs will be
=$6,292/60
=$104.87
Total loan cost... $6,292
Monthly loan costs... $104.87
The difference of 7 and 7/8 and 3 1/4 can be restated as the difference between 63/8 and 13/4. This is just a change from mixed numbers to improper fractions.
We must now get a common denominator (the bottom part of a fraction). To get 8, we must multiply by 2 to the denominator of 13/4. Since we want this number to stay in the same value, we have to multiply the numerator by 2 as well (top part of the fraction). Therefore, we are getting the difference of 63/8 and 26/8. Doing this, we get (63-26)/8, so the answer is 37/8 = 4 5/8
The answer is A. This is because heat, pressure, or differences in density are some methods used to separate homogeneous mixtures.
Answer:
14 is the answer
Step-by-step explanation:
f = 2
e - 2 x 1/2 = e - 1
e = 15
15 - 1 = 14
Answer:
60
Step-by-step explanation:
i did the math yeah
