Answer:
The interest charged is $7.49.
After 29 days, Travis paid a total of $607.49
Step-by-step explanation:
Travis obtained a cash advance for $600.
The interest rate is 0.04305% per day.
The simple interest rate formula is given by:
Where <em>I</em> is the interest, <em>P</em> is the initial amount, <em>r</em> is the rate, and <em>t</em> is the time (in this case in days).
Our initial amount <em>P</em> is $600.
Our interest rate <em>r</em> is 0.04305% or (moving the decimal two places to the left) 0.0004305.
Since Travis repaid the loan after 29 days, our <em>t</em> is 29.
Hence, our interest is:
So, the interest charged is about $7.49.
So, after 29 days, Travis paid a total of the original $600 plus an interest of $7.49 for a total of $607.49
Answer:
<h2>The slope m = -2</h2>
Step-by-step explanation:
The slope-intercept form of an equation of a line:
<em>m</em><em> - slope</em>
<em>b</em><em> - y-intercept</em>
<em />
We have the equation in the standard form:
Convert to the slope intercept form:
<em>subtract 6x from both sides</em>
<em>divide both sides by 3</em>
slope: <em>m = -2</em>
y-intercept: <em>b = 4</em>
Cross multiply and set it up like this.
1800 X
------- • -------
80 24
Multiply 1800•24
Then divide by 80 and you get 540.
Answer:
16
Step-by-step explanation:
X=1
To solve this you start by adding like terms on the left side and doing the distributive property and adding like terms on the right. This would get you
4x+7=3x+8
Then you minus 3x on both sides getting
x+7=8
Then subtract 7 from both sides getting x=1.
