How much simple interest would be paid on a loan of $18360 at 12% fpr 49 months

126316.80

Step-by-step explanation:

The formula used to solve simple interest is I = Prt

P = 18360

R = 12% (per month)

T = 49 months

Now all you have to do is plug in the numbers:

18360 x 0.12 x 49 = 107956.80

Usually now, the interest is added onto the principal to figure some new amount after 49 month(s). Or 18360 + 107956.80 = 126316.80. For example:

- If you borrowed $18360.00, you would now owe $126316.80

- If you loaned someone $18360.00, you would now be due $126316.80

- If you owned something, like a $18360.00 bond, it would now be worth $126316.80

Hope this helps!

:)

107956.80 is the correct answer

Step-by-step explanation:

answer: the price of one pound cabbage = $ 0.8

the point (10,8) represents that the cost of 10 pounds cabbage is $ 8

step-by-step explanation:

since, here is a proportional relation between the number of pounds of cabbage (x) and the price in dollars (y).

therefore, we can write,

⇒ y = k x

where k is the constant of proportionality.

now, point (5,4) is in the line.

thus, it will satisfies the above equation of line.

⇒ 4 = 5 k

⇒ k = 0.8

thus, the equation of the line is,

y = 0.8 x

a) for x = 1,

y = 0.8

therefore, the cost of one pound of cabbage is 0.8 dollars.

b) in the below graph (10,8) represents that the cost of 10 pounds of cabbage is 8 dollars.