Answer:99/14
Step-by-step explanation:
33/7÷4/6
33/7×6/4
(33×6)÷(7×4)
198/28
Reduce to lowest term
99/14
I don’t know about this question
Answer:
$10,603.20
Step-by-step explanation:
You can calculate the simple interest of the loan using the formula:
I = prt, where I = interest, p = principal amount, r = interest rate and t = time. Plugging in the values from the problem:
p = $7,050
r = 8.4% or 0.084
t = 6 years
I = (7050)(0.84)(6) = $3,553.20
To find the total cost of the boat, add the interest and the purchase price:
$7,525 + $3,553.20 = $11,078.20