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Answer:
The height is 8
Step-by-step explanation:
Ratios are just fractions. That being said, you also have part of a fraction. You know that the colorado flag is in 2:3, and 12 feet long is according to that ratio; it equals each other.
Make the equation.
Now isolate x (in order to solve for it)
x= 8
The height is 8.
8/12 = 2/3 ✅
Using simple interest, it is found that:
- The total amount paid was of $7,084.8.
- The finance charge was of $584.8.
- The simple interest rate was of 3%.
Simple interest is used when there is a single compounding per time period.
The amount of interest after t years in is modeled by:
In which:
- P is the initial amount.
- r is the interest rate, as a decimal.
In this problem, the amount paid was of 36 monthly payments of
$196.80, hence:
36 x 196.80 = $7084.8.
The total amount paid was of $7,084.8.
The original price is of $6,500, hence the finance charge was of:
7084.8 - 6500 = $584.8.
For interest, we have that:
, hence:
The simple interest rate was of 3%.
More can be learned about simple interest at brainly.com/question/25296782