Answer: B) $4,000
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or amount taken as loan
R represents interest rate
T represents the duration of the loan in years.
Considering Cathy's loan,
P = $20,000
R = 5.2%
T = 10 years
I = (20000 × 5.2 × 10)/100
I = $10400
Considering Steven's loan,
P = $20,000
R = 4.8%
T = 15 years
I = (20000 × 4.8 × 15)/100
I = $14400
The difference between the amounts of interest Cathy and Steven paid for their loans is
14400 - 10400 = $4000
Answer:
Step-by-step explanation:
a. 5/2 ÷ 1/2 =
b. 6/9 ÷ 5/6
c. 3/6 ÷ 2/5
d. 7 1/2 ÷ 6
=
e. 1 1/3 ÷ 1 2/3=
- 4/3 ÷ 5/3 =
- 4/3 * 3/5 =
- 4/5
Answer:
5.218
Step-by-step explanation:
5 or more, you add one. Four or less, you change it to zero.
Answer:
Step-by-step explanation:
Given
Represent Babysitting with B
Represent Gas Station with G
Total workhours = At most 15
Earnings = At least $90
First, we need to represent the work hours as inequality
B + G = At most 15
At most 15 means less than or equal to 15.
So, we have:
Next, we represent the earnings as inequality.
6 hours of babysitting is: 6B
10 hours at gas station is: 10G
So:
6B + 10G is at least 90
At least 90 means greater than or equal to 90
So, we have:
