Part A:
To get the interest of 1 year
Multiply 20,000 by 5% or 0.05
You get $1,000
Thats the amount for 1 year, now to get for 4 years, multiply 1,000, by 4
She pays $4,000 in interest
Part B:
If she pays it off in 2 years, instead of 4 years, she will pay an interest of $2,000, divide 4 by 2
Part C:
This is the same as part b, she saves $2,000
Hope this helps
-GoldenWolfX
Answer:
<h2><u><em>
x = 2</em></u></h2>
Step-by-step explanation:
Find the value of x.
5+x=7
x = [?]
5 + x = 7
x = 7 - 5
<u><em>x = 2</em></u>
----------------check
5 + 2 = 7
7 = 7
the answer is good
To find the answer, you will need to divide the total number of balloons by the number of balloons in a pack.
275 ÷ 2 = 137.5
Because you can't buy half of a package, Celia should probably buy 138 packages.
Answer:
D
Step-by-step explanation:
(8+-4/2, 10+-8/2)
(2, 1)
Answer:
Rate= 3 1/3%
Or Rate= 3.33%
Step-by-step explanation:
Final amount collected= $700
Initial amount given out= $600
Interest made= Final amount - initial amount
Interest made= $700-$600
Interest made= $100
Type of interest rate = simple
Number of years = 5
PRT/100= interest
R=(100*interest)/(PT)
R= (100*100)/(600*5)
R= 10000/3000
R= 10/3
R= 3 1/3%
Or R= 3.33%
