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2 years ago

Find the simple intrest on a 12000 loan with 3.9 intres for 60 mounths

Mathematics

1 answer:

melomori [17]2 years ago

3 0

Answer:

$2,340

Step-by-step explanation:

Simple interest is calculated using the formula: I = prt, where I = simple interest, p = principle amount, r = interest rate and t = time in years. Since the initial, or principle amount is $12,000, the interest rate is 3.9% (0.039) and the time is 60 months, or 5 years (60/12 = 5), we can put these values into the formula and solve for 'I':

I = (12,000)(0.039)(5) = $2,340

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How do I solve this

MatroZZZ [7]

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Step-by-step explanation:

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Answer:

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Marysya12 [62]

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2 years ago

Read 2 more answers

\begin{aligned} &y=2x +1 \\\\ &x-y=-3 \end{aligned} y=2x+1 x−y=−3 Is (2,5)(2,5)left parenthesis, 2, comma, 5, right

trapecia [35]

Answer:

Yes

Step-by-step explanation:

Given the system of equations

$\begin{aligned} &y=2x +1 \\\\ &x-y=-3 \end{aligned}$

We want to determine if (2,5) is a solution of the system.

We can do this by substitution of the given point into the equations and see if it holds.

Given (x,y)=(2,5), x=2, y=5

In the first equation

y=2x+1

5=2(2)+1

5=5

Therefore, the point (2,5) satisfies the first equation.

In the second equation

$x-y=2-5=-3$

Since our result (-3) is equal to the Right Hand Side, the point also satisfies the second equation.

Therefore, (2,5) is a solution of the system.

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2 years ago