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daydallas01
11.07.2019 •
Mathematics
Mia agrees to borrow a 3-year loan with 4% simple interest to buy a motorcycle part a - if mia will pay a total of $444 in interest, how much money did she initially borrow? part b - how much interest would mia pay if the simple interest rate were 5%?
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Ответ:
Part A
If Mia pays simple interest, it means that she will pay the same dollar amount of interest each year.
Since she paid a total interest of $444 over 3 years, her annual interest = 444/3 = 148
Let "x" represent the intital amount she borrowed
So, we frame the equation as :
x*0.04 = 148
x = 148/0.04
x = 3,700
Amount she initially borrowed = $3,700
Part B:
If the interest was 5%,
Her annual interest will be = 3,700*0.05 = 185
So, her total interest = 185*3 = $555
Interest that Mia would pay at 5% simple interest = $555
Ответ:
the slope is 1 up or down and one left or right (if you go down its a left if you go up its a right)
Step-by-step explanation: