it would be 35/3 or 11 2/3
Based on the information how long did it take to reach $10650 is 7years.
Given:
Principal=$7,500
Rate=6%
Amount=$10650
Time=?
Simple Interest(SI)=A-P
=$10650-$7500
=$3150
Time=(100×SI)/(p×r)
T=(100×3150)/(7500×6)
T=315,000/45,000
T=7 years
Inconclusion how long did it take to reach $10650 is 7years.
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Answer:
Happy Tuesday! Here i'll explain it:
Step-by-step explanation:
First you will have to make 2 2/5 into a improper fraction and then subtract the 5/6. after you have done that multiply the 3/4 to the number
Answer:
$214
Step-by-step explanation:
selling price= $107,000
subtract 10%down payment
107,000- (107,000*.1)
107,000-107,00
96,300
Interest rate= 8%
Annual payment= 96,300* 0.08
$7704
per month payment= 7704/12
$624
payment on closing only for 10 days
642*(10/30)
$214
