The total amount Ernest owes the bank after 9 months is $1,225.00
How many months of interest would be paid?
The fact the loan was taken for nine months means that the borrower, Ernest needs to pay interest for nine months, in other words, we would time-apportion the annual interest of 30% to determine the 9-month interest as shown below:
9-month interest rate=30%*9/12
9-month interest rate=22.50%
The amount Ernest is owing the bank is the principal borrowed plus the interest for 9 months as computed below:
total amount owed after 9 months=$1000*(1+22.50%)
total amount owed after 9 months=$1000*1.2250
total amount owed after 9 months=$1,225.00
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Answer:
the range represents the number of users each month for 24 months
Step-by-step explanation:
this is because the graph shows a 24 month period.
Answer:
A and C
Step-by-step explanation:
Negative slope
Answer: 64
Step-by-step explanation:
y=8
plug in 8 for y
2(8)=64
Answer: it's either a or b
Step-by-step explanation:
I am not really sure but I think it's A because they said one of each card has been placed in a box. Then I said it's B because there are four of each card of ace, kind, jack and a queen in a standard deck of cards
