The monthly interest payment is 162
<h3>What is Interest?</h3>
Interest, in its most simple form, is calculated as a percent of the principal.
First,
monthly interest rate,
= 0.24/12
= 0.02.
Now,
Average monthly interest,
=0.02×$675
= $13.50.
Thus, the annual interest payments,
= 12×$13.50
= $162
Learn more about this concept here:
brainly.com/question/1435782
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Step-by-step explanation:
Use midpoint formula,
x = -6/2 = -3 , y=2/2 =1
(x,y)=(-3,1)
so , the coordinates of mid point of line segment is M (-3,1)
<span>At a corner gas station, the revenue R varies directly with the number g of gallons of gasoline sold. If the revenue is $44.50 when the number of gallons sold is 10, find a linear equation that relates revenue R to the number g of gallons of gasoline. Then find the revenue R when the number of gallons of gasoline sold is 15.5.
Solution:
As the question mentioned the direct relationship between the quantities, hence
10 gallons of gasoline sold = $44.50
15.5 gallons of gasoline sold = $x
by cross multiplication, we get that
10x = 15.5 * 44.50
which implies that
x = 68.975
Thus by $</span>68.975 revenue is obtained by selling 15.5 gallons of gasoline.
