Answer:
Total interest = $3.41
Step-by-step explanation:
Since she can pay $72 each month we can divide the payments on monthly basis till all the money is paid.
The annual interest rate is 24.7%, so the monthly rate will be 24.7 ÷ 12= 2.058%
For the first month
With payment of $72 the remaining amount will be 189.56 - 72 = $117.56
Interest paid will be 0.02058 * 117.56 = $2.42
Total amount owed now will be 117.56 + 2.42 = $119.98
For the second month another payment of $72 is made
The remaining will be 119.98 - 72 = $47.98
Interest charged will be 0.02058 * 47.98 = $0.99
The amount owed will be 47.98 + 0.99 = $48.97
In the third month she will pay the remaining $47.98 which is within her monthly limit
Total interest paid = Sum of Amount paid each month - Initial amount spent
Total interest = {(72 * 2) +48.97} - 189.56 = $3.41
Answer:
-1.5y
Step-by-step explanation:
+y(–1.5) = -1.5y
This is how distribution works
Answer:
uhh.... you are missing some part of your question
Step-by-step explanation:
Answer:
12)
(9y +7)=(2y +98)( Because vertically opposite angle is always equal)
9y - 2y = 98-7
9y - 2y = 98-7
7y= 91
y =13
<em>ther</em><em>fore</em><em> </em><em>y</em><em> </em><em>=</em><em> </em><em>1</em><em>3</em>
<em>(</em><em>9</em><em>y</em><em> </em><em>+</em><em> </em><em>7</em><em>)</em>
9*13+7
117+7
124
(2y +98)
2*13+98
26+98
124
