Suppose you take out a loan for $9,000, at 12% ordinary interest. if the amount of interest is $762.00, what is the time period? (round any fraction to the next higher day) a. 254 days b. 246 days c. 258 days d. 250 days

answer is option c

Step-by-step explanation:

Amount = $9,000

interest rate (r) = 12%

interest = $762.00

time = ?

we know,

t = 0.7056 years

t = 0.7056 × 365 days

t = 257.54 days  ≅ 258 days

correct answer is option c.

Option b - 246 days.

Step-by-step explanation:

Given : Suppose you take out a loan for $9,000, at 12% ordinary interest. If the amount of interest is $762.00.

To find : What is the time period?

Solution :

We are going to apply interest formula which is given as,

Where, I is the amount of interest I=$762

P is the principal value P=$9000

r is the interest rate r=12%=0.12

t is the time period

Amount is A=P+I=9000+762=$9762

Substitute the value in the formula,

Taking log both side,

Converting time from year into days,

Therefore, Option b is correct.

a line is an defined derm because it

a)contains an infinite number of points b) can be used to create other geometric shapes c)describes something that does not have width or depth d) is a term that does not have a formal definition. a line is an undefined term because it: contains an infinite number of points.

check above link.

graphically?   well, you graph them both, the solutions is where they both intersect each other, since there are two solutions, meaning they will meet twice, or namely the linear will run into the quadratic curve twice, and where they meet, those x,y coordinates are the solutions to the system.