the first simple interest will be $1.73 more than the second one.
<h3>
Which is the difference between the two interests?</h3>
The loan is of $575, and there are two options:
7 years at 4.5% or 8 years at 3.9%
Remember that the simple interest formula is:
SI = (P*R*T)/100
Where:
P = principal value.
R = rate (this is the percentage per year)
T = time, in years.
Then for the first option. the interest will be:
SI = ($575*4.5*7)/100 = $181.13
For the second option we will have the interest:
SI' =( $575*3.9*8)/100 = $179.4
The difference is:
$181.13 - $179.4 = $1.73
This means that the first simple interest will be $1.73 more than the second one.
If you want to learn more about simple interests:
brainly.com/question/20690803
#SPJ1
Answer:
Yes, one of a rhombus's properties is that the diagonals bisect vertex angles.
Answer: 1 over 12
Step-by-step explanation:
Answer:
x = 3
y = 0
Step-by-step explanation:
The method of substitution is when one solves an equation for one of the variables, and then substitutes the expression into the other equation. After doing so, one will solve the other equation for the remaining variable and then backsolve for the first variable.
4x + 2y = 12
x = y + 3
The second equation is already sovled for parameter (x), subttiute this into the other equation,
4(y + 3) + 2y = 12
Distribute,
4y + 12 + 2y = 12
Simplify,
6y + 12 = 12
Inverse operations,
6y + 12 = 12
-12
6y = 0
/6
y = 0
Backsolve for (x), substitute the value of (y) into the equation for (x) and solve,
x = y + 3
x = 0 + 3
x = 3
Answer:
Sale Price: 276.25
Step-by-step explanation:
The original price of the item is $325 and the markdown is 15% off.
So, all you have to do is find out what 15% of $325, which it's 48.75, and subtract that from $325 to get your final sale price, which is $276.25.
