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Oxana [17]
3 years ago
13

Emily borrows £580 from a bank at an interest rate of 896 per year.

Mathematics
2 answers:
PSYCHO15rus [73]3 years ago
8 0

Answer: £4,164

Step-by-step explanation: multiply 896 by 4 to get £3,584 next add 580 to 3,584 to get £4,164

Fiesta28 [93]3 years ago
7 0

Answer: 4,164

Step-by-step explanation: I am confused if the 896 is a percent or the money she owes every year, now here is the explanation.

Emily took the £580 and after the 4 years she owes 896*4 = £3,584 plus the original £580 which is £4,164

If it it without the original £580 then the answer is 896*4 = £3,584

If that is not correct then i am sorry

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now, whatever "a" and "b" are, we know, his student loan was 9000, thus
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now, he owes 7% or 7/100 for "a", what's 7% of a? well, 7/100 * a or 0.07a

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now, we know, at the end of the year, he owed for both loans, 706.25 in interest
thus we know that 0.07a + 0.0825b = 706.25

thus   \bf \begin{cases}
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