Levada borrows $30,900 from her bank to open a florist shop. She agrees to repay the money

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Levada borrows $30,900 from her bank to open a florist shop. She agrees to repay the money in 18 months with simple annual interest of 5.5%.

(a) How much must she pay the bank in 18 months?

(b) How much of the amount in part (a) is interest?

Celsius and Fahrenheit Temperatures In the metric system of weights and measures, temperature is measured in degrees Celsius (°C) instead of degrees Fahrenheit (°F). To convert between the two systems, we use the equations

c= -(F - 32)


and 

F = F =-C + 32. 5

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Related Book For  answer-question

College Algebra

ISBN: 978-0134697024

12th edition

Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels

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