On a loan of $4,500 for 2 1/2 years at 4% per year, how much do you wind up paying to pay off the loan? $4,545
$5,150
$4,050
$4,950

4,950

Step-by-step explanation:

4% of 4,500=180

180*2=360

180 divided by 2=90

360+90=450

4,500+450=4,950

19 Dollars

Step-by-step explanation:

Discount means that a certain percentage of the price is being deducted from the final price. So, it this case, we first have to find 5% of 20. 5% of 20 is 1 because 20 * .05 is one. Then, we just have to deduct 1 dollar from 20 dollars, making it 19 dollars.