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Aleksandr [31]
3 years ago
14

Find the simple interes charged on a loan of $26,500 for 8 months at an interest rate of 7%. Show ALL your work or explain

Mathematics
1 answer:
Dovator [93]3 years ago
6 0

Answer:

$1236.67

Step-by-step explanation:

I = Prt

P = 26500

r = 0.07

t = 8/12 = 2/3

I = (26500)(0.07)(2/3)

I = 1236.67

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What I the equation in standard form of the line that passes through the points(4,-8) and has a slope of 1/4
valentinak56 [21]

Answer:

Standard form of the line with point (4,-8) and slope of 1/4  is

-x + 4 y = -36.

Step-by-step explanation:

The slope of the line equation = 1/4

The point is given as (4,-8).

Now, by POINT SLOPE formula,

The line equation  with slope m  nad point (x0,y0) is given as:

(y - y0)  = m (x -x0)

So, the line equation here is given as

y -(-8)  =  \frac{1}{4} (x -4)\\\implies 4(y + 8)  = x - 4\\4 y + 32 = x - 4\\4y = x - 36

Now, the standard form of line equation is Ax + By  = C

Here,  4y = x - 36   ⇒  4y - x = -36

or, -x + 4y = -36 is the standard form.

Hence,standard form of the line with point (4,-8) and slope of 1/4

is -x + 4y = -36.

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