the first simple interest will be $1.73 more than the second one.
<h3>
Which is the difference between the two interests?</h3>
The loan is of $575, and there are two options:
7 years at 4.5% or 8 years at 3.9%
Remember that the simple interest formula is:
SI = (P*R*T)/100
Where:
P = principal value.
R = rate (this is the percentage per year)
T = time, in years.
Then for the first option. the interest will be:
SI = ($575*4.5*7)/100 = $181.13
For the second option we will have the interest:
SI' =( $575*3.9*8)/100 = $179.4
The difference is:
$181.13 - $179.4 = $1.73
This means that the first simple interest will be $1.73 more than the second one.
If you want to learn more about simple interests:
brainly.com/question/20690803
#SPJ1
Answer:
c.
Step-by-step explanation:
i actually dont know i just guessed
Answer: 180 i believe
Step-by-step explanation:
So you already know the difference between the new number and original number, so all you have to do now is plug it in to this: Percentage Change=Difference/Original Number x100. So 17.99/257=.07x100 which equals 7%. So B is the correct answer.
Answer:
answer is A
Step-by-step explanation:
"The data is a random sample from the population of interest.
This condition is met since he took an SRS (simple random sample) from the population of interest."
khan academy (trust me i try to find the answer might as well just give it, it was the only green one)
