The interest paid for the loan will be:
I=(PRT)/100
P=$749.25
R=12%
T=120 days=120/30=4 months=1/3 years
Hence:
I=(749.25×1/3×12)/100
I=$29.97
The proceeds will be:
Net proceeds=(gross proceeds)-(expenses)
=749.25-29.97
=$719.28
The answer is d I’m pretty sure
Answer:
x = 3
Step-by-step explanation:
Given
7(x + 2) - 5 = 30 ( add 5 to both sides )
7(x + 2) = 35 ( divide both sides by 7 )
x + 2 = 5 ( subtract 2 from both sides )
x = 3
-2 then -5/2 and then 1.7