Adam takes a loan of $8,250 at a 7% simple rate for 5 years.
a. how much interest will be paid after 3 years?
b. how much interest will be paid in total for the loan?
plz , i will mark it the brainliest if its the correct answer and if you can, explain how you got the answer.
i= (8,250) (.35)
i= 2887.5 for 5 years
total= 8,250 + 2887.5
positive slope > increasing line
negative slope > decreasing line
slope of the line tell us the steepness of the line and the sign of the slope tells us whether the line is increasing or decreasing
when the sign of the slope is positive then the line is increasing
when the sign of the slope is negative then the line is decreasing
a. how much interest will b...