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dedylja [7]
2 years ago
11

risa loaned Abi $50 for a month. She charged 5% weekly simple interest for the month. How much did Abi have to pay Risa?

Mathematics
1 answer:
Simora [160]2 years ago
3 0

since the rate is a weekly basis, the period will also be in a weekly basis, so t = 4, assuming a month to be 4 weeks.

~~~~~~ \textit{Simple Interest Earned Amount} \\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill & \$50\\ r=rate\to 5\%\to \frac{5}{100}\dotfill &0.05\\ t=weeks\dotfill &4 \end{cases} \\\\\\ A=50[1+(0.05)(4)]\implies A=50(1.2)\implies A=60

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\bf \begin{array}{cccllll} \stackrel{\textit{point (0,-7)}}{-7=a(0)^2+b(0)+c}& \stackrel{point (7,-14)}{-14=a(7)^2+b(7)+c}& \stackrel{point (-3,-19)}{-19=a(-3)^2+b(-3)+c}\\\\ -7=c&-14=49a+7b+c&-19=9a-3b+c \end{array}

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