Amount of car loan taken by Scott = $5500
Amount of loan paid back by Scott = $7370
Then
Amount of money paid as interest by Scott = (7370 - 5500) dollars
= 1870 dollars
Then
Percentage of interest given for the car loan = (1870/5500) * 100
= 1870/55
= 34 percent
So Scott had to pay a total interest rate of 34% in the four years.I hope the procedure is simple enough for you to understand and solve future problems.
X= 50 +2 so when 3.5 hours it will reach the following dimness
Answer:
Return of investment = 44.5%
Step-by-step explanation:
Number of shares purchased by Tamara = 1500
Offer price per share = 7. 08
Total amount spent on purchasing shares = 1500 × 7.08 = 10620
Dividend receive per share = 0.21
Total dividend received on 1500 shares = no. of shares × dividend received per share
Total dividend received = 1500 × 0.21 = 315
Selling price per share = 10.02
Amount received by Tamara by selling the investment = no. of shares × selling price per share
Amount received by Tamara by selling the investment
= 1500 × 10.02
= 15030
Now, Net profit received on investment = S.P of Investment + Dividend received - C.P of investment
Net profit = 15030 + 315 - 10620 = 15345 - 10620 = 4725
Return on investment = 
=
≈ 44.5 %
First add 45 and 55 because sum means addition. 45+55=100 and teiple means multiplication and 3x100= 300 hope this helped :)
16x^2 -1 = 0
16x^2 = 1
x^2 = 1/16
x= 1/4