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lay1649
29.01.2020 •
Mathematics
Jerome bought 8 packs of baseball cards at a garage sale each pack had 10 cards he give his younger sister 3 cards from each pack how many cards does jerome have ?
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Ответ:
Ответ:
20%
Step-by-step explanation:
If it requires you to pay 36 monthly instalments, then the fastest time you can pay it off is 3 years.
So, we find how much money is paid in a year in such a way = 500 x 12 = 6000
If this amount is paid for 3 years, you end up paying = 6000 x 3 = 18000
This is 18000-10000 = 8000 more than what was leant to you.
Now, to find the interest the intrested rate, we use the formula for simple interest:
(P x R x T)divided by 100
P = principle amount
R = rate
T = time.
So, 10000 x 3 x R divided by 100 = 6000
Rearrange and solve to find
R = 20%
Hope this helps