Answer:
Step-by-step explanation:
Answer:5y+13
Step-by-step explanation:
Simple interest = Cost Price + (Interest Percentage of Cost Price × number of years or months we are paying off)
a) SI = £20 000 + (5% of £20 000 × 4)
SI = £20 000 + (£1000 × 4)
SI = £20 000 + £4000 = £24 000
b) SI = £20 000 + (5% of £20 000 × 3)
SI = £20 000 + (£1000 × 3)
SI = £20 000 + £3000 = £23 000
£24 000 - £23 000 = £1000 that you saved!
Well, there are two solutions.
Add both sides by 15.75 then from here, you can use quadratic formula.
So your answer should be x = -2.44949 or 2.44949.
