Acompany borrowed $25,000 at 3.5% and was charged $2,625 in interest. how long was it before the company repaid the money?

The company repaid the money in 3 years.

Step-by-step explanation:

Hi, to solve this problem we have to apply the simple interest formula:

I = P x r x t

where:

I = interest = $2625

P = Principal amount= $25,000

r = interes rate (decimal) = 3.5% = 3.5 / 100 = 0.035

t = time

So, mathematically speaking:

I = P x r x t

2625 = 25,000 x 0.035 x t

2625= 875 x t

2625 / 875 =t

3 years = t

In conclusion, the company repaid the money in 3 years.

Feel free to ask for more if it´s necessary or if you did not understand something.

in the attachment.   i didn't see your choices.   the word which means there is choices.

step-by-step explanation:

(x,y)

x tells you how much left or right you go from the origin

y tells you how much down or up you go from the origin

so for example (-3,2), you go left 3 and up twice. i denoted which of the ordered pairs is which in my graph.

y -5 = (-1/4)(x + 8)

step-by-step explanation: