Answer:
A. $3,984
Step-by-step explanation:
The amount of interest is computed from ...
I = Prt
For the given values, the interest is ...
I = $3600×0.08×(16/12) = $384
Then the total amount that needs to be repaid is ...
Principal + Interest = $3600 +384 = $3,984
_____
The time period is 16 months, so is 16/12 years.
The time periods of the interest rate and "t" in the formula must match. If the interest rate is an annual rate, then "t" is in years. If the interest rate is a monthly rate, then "t" is the number of months.
Answer:
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Step-by-step explanation:
Give examples to explain the properties of real numbers
Property (a, b and c are real numbers, variables or algebraic expressions)Examples8.Additive Inverse Property a + (-a) = 04 + (-4) = 09.Multiplicative Inverse Property10.Zero Property of Multiplication a • 0 = 04 • 0 = 011.Closure Property of Addition a + b is a real number10 + 5 = 15 (a real number)
