The answer for that is 24.
Answer: the amount of interest that Alyssa will pay on her loan is $1320
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or amount taken as loan
R represents interest rate
T represents the duration of the loan in years.
From the information given,
P = $22000
R = 4.5%
T = 4 years
Therefore,
I = (22000 × 1.5 × 4)/ 100
I = 132000/100 = $1320
Proportional relationships<span>: A </span>relationship<span> between two equal ratios. Proportions are the comparison of two equal ratios. Therefore, </span>proportionalrelationships<span> are </span>relationships<span> between two equal ratios. For example, oranges are sold in a bag of 5 for $2. The ratio of oranges to their cost is 5:2 or.</span><span>In mathematics, two variables are proportional if a change in one is always accompanied by a change in the other, and if the changes are always related by use of a constant multiplier. The constant is called the coefficient of proportionality or proportionality constant.</span>
