Concept explainers
To calculate: the total amount of interest paid after
Answer to Problem 22E
The total amount of interest paid after
Explanation of Solution
Given information:
Concept Used:
Simple interest problem requires the use of the following formula:
Calculation:
As per the given problem
The amount of interest paid when
Substitute the values in the formula
The amount of interest paid when
Substitute the values in the formula
The amount of interest paid when
Substitute the values in the formula
Hence,
The total amount of interest paid after
Conclusion:
The total amount of interest paid after
Chapter 7 Solutions
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
Additional Math Textbook Solutions
Elementary and Intermediate Algebra
Differential Equations and Linear Algebra (4th Edition)
College Algebra with Modeling & Visualization (6th Edition)
Intermediate Algebra for College Students (7th Edition)
Introductory and Intermediate Algebra for College Students (5th Edition)
Linear Algebra and Its Applications (5th Edition)
- Algebra and Trigonometry (6th Edition)AlgebraISBN:9780134463216Author:Robert F. BlitzerPublisher:PEARSONContemporary Abstract AlgebraAlgebraISBN:9781305657960Author:Joseph GallianPublisher:Cengage LearningLinear Algebra: A Modern IntroductionAlgebraISBN:9781285463247Author:David PoolePublisher:Cengage Learning
- Algebra And Trigonometry (11th Edition)AlgebraISBN:9780135163078Author:Michael SullivanPublisher:PEARSONIntroduction to Linear Algebra, Fifth EditionAlgebraISBN:9780980232776Author:Gilbert StrangPublisher:Wellesley-Cambridge PressCollege Algebra (Collegiate Math)AlgebraISBN:9780077836344Author:Julie Miller, Donna GerkenPublisher:McGraw-Hill Education