Answer: katrina will pay less interest on the 8-year non subsidized student loan
The total interest paid on the non-subsidized loan is USD 8,959
The total interest paid on the subsidized loan is USD 11,520
Step-by-step explanation:
Subsidized loan at 4.5% for 8years will be 4.5/100 × 32000 x 1/12= USD120/month, USD 1440/year. For 8 years, USD11,520
For non subsidized student loan at 3.5% will be 3.5/100 x 32000x 1/12= USD 93.33/month, USD 1,119per year and USD 8,959 for 8 years
9514 1404 393
Answer:
- 7 pounds of fish
- 18.5 pounds of lobster
Step-by-step explanation:
Let x represent the number of pounds of lobster sold. Then 25.5-x is the number of pounds of fish. The total money made is ...
4.25(25.5-x) +9.00x = 196.25
4.75x + 108.375 = 196.25 . . . . . simplify
4.75x = 87.875 . . . . . . . . . . . subtract 108.375
x = 18.5 . . . . . . . . . . . . . . . divide by 4.75
The market sold 7 pounds of fish and 18.5 pounds of lobster.