Answer: They will end up paying $2,400.
Step-by-step explanation:
Since the annual interest rate is 8% of $10,000, take 8% of 10,000 by multiplying these numbers. This gives you $800.
This is only the annual interest rate, the Todd family's loan and interest isn't paid until 36 months have passed. Since 36 months is equal to 3 years, we can multiply the annual rate by 3. (800*3)
The Todd family will pay $2,400 in interest by the end of the period.
Answer:
Step-by-step explanation:
9:x = x :4
Product of mean = product of extremes
x *x = 9*4
x² = 36
x² = 6²
x = 6
Answer:
x ≤ 17
Step-by-step explanation:
This is the same as solving an equation, except instead of and equal sign it's an arrow.
We have to evaluate everything in the parenthesis first.
3x - 2 (x + 1) ≤ 15
3x - 2x - 2 ≤ 15
Next, we combine like terms - x's
3x - 2x - 2 ≤ 15
x - 2 ≤ 15
Combine like terms - constants (add 2 to both sides)
x - 2 ≤ 15
<u>x ≤ 17</u>