Answer: B) $4,000
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or amount taken as loan
R represents interest rate
T represents the duration of the loan in years.
Considering Cathy's loan,
P = $20,000
R = 5.2%
T = 10 years
I = (20000 × 5.2 × 10)/100
I = $10400
Considering Steven's loan,
P = $20,000
R = 4.8%
T = 15 years
I = (20000 × 4.8 × 15)/100
I = $14400
The difference between the amounts of interest Cathy and Steven paid for their loans is
14400 - 10400 = $4000
Cross multiply? 9x2=18/3= 6
To start break even they need to sell 100 but if they want to make profit they need to sell 101 because you can use the equation y = .75x - 55
Answer:
D. 42
Step-by-step explanation:
Answer:
. Simplify: (4x2 - 2x) - (-5x2 - 8x).
Solution:
(4x2 - 2x) - (-5x2 - 8x)
= 4x2 - 2x + 5x2 + 8x.
= 4x2 + 5x2 - 2x + 8x.
= 9x2 + 6x.
= 3x(3x + 2).
Answer: 3x(3x + 2) Step-by-step explanation:
