You borrow $20,500 from a bank that charges an interest rate of 9.5%. After 5 years, what is the total amount that you will have to pay back?

the total amount that should have to pay back is $30,237.50

Step-by-step explanation:

The computation of the total amount that should have to pay back is as follows:

Amount = Simple interest + borrowed amount

= ($20,500 × 9.5% × 5) + $20,500

= $9,375.50 + $20,500

= $30,237.50

hence, the total amount that should have to pay back is $30,237.50

answer: idk

step-by-step explanation:

answer:   35 % is the probability of a late departure or an early arrival.

step-by-step explanation:

let l represents the late departure and e represents the early departure.

then, according to the question,

p(l) = 12 %,   p(e) = 27 % and = 4 %

and, we have to find out,

but, we know that,

which is the required equation that will use to find the probability of a late departure or an early departure.

therefore,   the probability of a late departure or an early arrival =   35 %