Answer:
1
Step-by-step explanation:
9514 1404 393
Answer:
3 months
Step-by-step explanation:
We don't know what's on your list of "useful financial formulas." One that can be used here is the formula for simple interest:
I = Prt . . . . . interest on principal P at annual rate r for t years
Solving for t gives ...
t = I/(Pr)
Filling in the given values, we can find t to be ...
t = 138/(4800×0.115) = 138/552 = 1/4
1/4 year is 3 months -- the duration of the loan.
I believe it will be B. y = 15,000 - 950 x
So after a year it will be 15,000 - 950 = 14,050
You would divide 28/3 because that's how many miles it would take. 28/3=9 1/3. Also, to help understand better, 3 miles is equal to 1 hour. So the equation would look like this: 3/1=28/?. To solve it like this, you'd divide 28/3 or 3*?=28. Whatever the answer is(9.33)you do it to the bottom. So 1*9.33. that equal 9 hours 20 min