Jim took out a loan for $500 . The rate is 8%. How much does Jim owe in interest if he plays it back in 4 1/2 years? What is the balance that jim owes for his loan?

Solve this problem by using a 5d process or writing and solving an equation. no matter which method you use, be sure to define your variable and write an equation to represent the relationship a rectangle has a perimeter of 30 inches. its length is one less than three times its width what are the length and wodyh of the rectangle?