The amount of money borrowed is $ H
Time for borrowing is 25 years
Amount paid per month M
Amount paid per year 12M
Interest rate paid=I
Let the payment method be simple interest method, then:
I=(PRT)/100
plugging in our values we have:
I=(H×R×M)/100
hence:
I=HRM/100
Answer:
false
Step-by-step explanation:
Answer:
Order summands
2
Subtract
5
.
1
5.1
5.1
from both sides of the equation
3
Simplify
4
Divide both sides of the equation by the same term
5
Simplify
Step-by-step explanation:
After Sally had given 1/9 of her stamps to Andy, she had 280 stamps (since they now have equal shares). So 280 was 8/9 of what she started with, making the 1/9 she handed over equal to 280/8, that’s 35. And Andy was “under” by the same amount she was “over” an equal share, that’s 35 under matching her 35 over, which is 70 altogether.
By all means use algebra but you may find you can reason a word problem through in words.