If then,
.
36
If Johnny borrowed $1,300 for 5 years on a 7% interest rate, how much interest will Johnny have to pay total?
1 answer:
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The result is 1/3.
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The first attempt in the attached picture has parentheses in the wrong place for the second term. This simplifies to
.. (-5/-3)*(-4) +(10 -3)
.. = -20/3 +7
.. = -(6 2/3) +7
.. = 1/3
_____
The first attempt in the attached picture has parentheses in the wrong place for the second term. This simplifies to
.. (-5/-3)*(-4) +(10 -3)
.. = -20/3 +7
.. = -(6 2/3) +7
.. = 1/3