safi30360oz0c34
31.08.2019 •
Mathematics
Write an equation in slope intercept form using (2, -1) and (1, -6)
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Ответ:
Ответ:
Ответ:
He will pay $630 over the course of the loan.
Step-by-step explanation:
Formula for simple interest :
S.I. = PRT, where P=principal amount , R =rate of interest ( in decimal), T=time (in years)
As per given ,
P = $1,400 , t = 5 years , r = 9% = 0.09
Simple interest = (1400) x (0.09) x (5)
⇒ Simple interest = $ 630
Hence, he will pay $630 over the course of the loan.