A bank loans a customer $95,000 for a period of 20 years. The simple interest rate of the loan is 6.5%. What is the amount of simple interest? A.
$140,000

B.
$123,500

C.
$135,000

D.
$100,000

b

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 6.5%/100 = 0.065 per year,

then, solving our equation

I = 95000 × 0.065 × 20 = 123500

I = $ 123,500.00

The simple interest accumulated

on a principal of $ 95,000.00

at a rate of 6.5% per year

for 20 years is $ 123,500.00.

1: -2 3/4, -2 1/2, -14, 0, 3, 8 1/3

2: -4, -3, -2 1/2, -2 1/4, 3 1/4,

step-by-step explanation:

5x + 3y = - 4

step-by-step explanation:

the equation of a line in standard form is

ax + by = c ( a is a positive integer and b, c are integers )

express the line first of all in slope- intercept form

y = mx + c ( m is the slope and c the y-intercept )

to calculate m use the gradient formula

m = ( y₂ - y₁ ) / ( x₂ - x₁ )

with (x₁, y₁ ) = (7, - 3) and (x₂, y₂ ) = (4, - 8)

m = = -

y = - x + c ← is the partial equation

to find c substitute either of the 2 points into the partial equation

using (4, - 8 ), then

- 8 = - + c ⇒ c = -

y = - x - ← in slope-intercept form

multiply all terms by 3 to eliminate the fractions

3y = - 5x - 4 ( add 5x to both sides )

5x + 3y = - 4 ← in standard form