Answer:
<u>The correct answer is C. It is the original amount of money the bank loans the borrower.</u>
Step-by-step explanation:
Let's recall that are five basic elements for calculating the payment of a loan:
1. The principal. How much money you borrow.
2. The interest rate. How much money you will pay in addition to the principal.
3. The period of time. How long will it takes you to pay the loan.
4. The frequency of payment. Will you pay every month?, every quarter?, every year or maybe every two weeks?
5. Additional payments. When you have additional income seasonally and you want to lower either the period of time or the interests to pay.
Sample Response: The base area , radius, and diameter can be
determined when given the volume and height of a cone. Substitute the
values for the corresponding variables into the formula, and then solve
by simplifying and undoing operations to isolate the variable. To find
the diameter, double the radius.
4x - 3 = 9
4x = 9 + 3
4x = 12
x = 3
hope that helps, God bless!
Total amount of money = amount Jenny receives + amount Bailey receives
$30 = 2j + j
30 = 3j
j = $10
I think the correct one is C. 130
