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%.
<h3>Simple Interest</h3>
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:
- 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
Hello,
Answer A
s(x)=3x-7
s(2t-4)=3*(2t-4)-7=6t-12-7=6t-19
Answer:
$3063.6
Step-by-step explanation:
72% of $4,255 = $3063.6
The formula for finding percents is number x percent ÷ 100.
4,255 x 72 ÷ 100 = 3063.6
Answer:
2(2.5x+2)
Step-by-step explanation:
you do distributive property
Answer:
6.
Step-by-step explanation:
Lucy studies one less (-1) than twice the number of hours a week that rose studies (2 * R), lucy studies 11 hours a week. What we do is add 1 hour to lucy's 11, to get 12, then divide by 2 as lucy studies twice the hours. 12 / 2 = 6.