The amount Howie need to pay back at the end of one year, including the interest is $26,000
Given:
Interest rate = 4%
Cost of car = $25,000
Time = 1 year
<em>Amount of interest</em> = Principal × Rate × Time
= 25,000 × 4% × 1
= 25,000 × 0.04 × 1
= $1,000
<em>Amount to be paid </em>= Amount of interest + Cost of car
= 1,000 + 25,000
= $26,000
Therefore, the amount Howie need to pay back at the end of one year, including the interest is $26,000
Learn more about interest rate:
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Answer:
Q(1,1), N(3,2) A(2,5)
Step-by-step explanation:
Answer:
Domain: {-3, -1, 1}
Range: {-1, 2, 4, 5}
Step-by-step explanation:
Answer: z + 17
Step-by-step explanation:
1) DISTRIBUTE:
11 + 2z + 6 - z
2) COMBINE LIKE TERMS
z + 17
