Answer:
$90
Step-by-step explanation:
The principal amount in the loan taken by Sharon is $750 . Note hat the $20 processing fee is a one time cost and is not included in the interest calculation.
Annual Rate of interest offered to Sharon is 12%
Time interval for the loan transaction is 1 year.
So the interest for 1 year is given by \[Principal * Rate * Year /100\]
\[750 * 12 * 1 /100\] = $90
So, Sharon will have to pay $90 as interest for the loan amount $750 borrowed for one year at the rate 12%.
Answer:
After 5 weeks.
Step-by-step explanation:
Westley starts with $85 and saves $5 per week. So:
Buttercup starts with $10 and saves $20 per week. So:
When they have the same amount of money, the two equations will be equal to each other. Therefore:
Solve for x. Subtract 10 from both sides:
Subtract 5x from both sides:
Divide both sides by 15:
Westley and Buttercup will have the same amount of money after 5 weeks.
Answer: The answer is 8
Step-by-step explanation: Took the test and got 100
Answer: 3,428 hope this helps :)
Step-by-step explanation:
