Question

CAN SOMEONE PLEASE HELP ME SOLVE THIS PROBLEM.

THE OWNER OF MARINA BOUGHT 6 CANOES TO BE USED AS RENTAL AT A COST OF $650 PER CANOE. THEY BORROWED 70% OF THE TOTAL COST FOR 8 MONTHS AT 10 1/2% INTEREST. FIND THE AMOUNT DUE USING SIMPLE INTEREST.

Answer 1

ie.
lol. okay so
6 x 650.
hold up. someone replayed to my question.

Answer 2

OKKK

Answer 3

do you want the answer ot help?

Answer 4

cause i iknow i like when people give me the answer

Answer 5

6*650= 3900

Answer 6

okay..
no find 70 0f that number

x/3900 = 70/100
Cross mulpiply & divide

Answer 7

sorry. meant to say now

Answer 8

IM CONFUSED ON THIS PART

Answer 9

what class are you in?

Answer 10

ARE YOU DIVIDING

Answer 11

Im In Algebra

Answer 12

Apply Simple Interest formula!

Answer 13

truu. that too

Answer 14

no i dont know the formula

Answer 15

70 *3900/100=27300

Answer 16

Your job is looking up the Simple Interest formula, post it here, then I show you how to apply :)

Answer 17

are you talking about the

I = P*R*T

Answer 18

3900 PRINCIPLE
Rate 0.70
Time 8/12

Answer 19

so, 2730*.105* 8/12

Answer 20

so 8/12 can be reduce too 2/3

Answer 21

I dont have a caluclator at this moment.

Answer 22

Use the one from your PC!

Answer 23

i just calculated 2730*.105=286.65

Answer 24

how would i do 8/12

Answer 25

i cant do 2/3 on this calculator

Answer 26

Multiply by 2, then divide by 3 ..

Answer 27

191.1

Answer 28

how can you round it off too nearest cents

Answer 29

would it be 191.10

Answer 30

Amount due = P + I

Answer 31

191+2730

Answer 32

=2921.1

Answer 33

so 2921.1 is the answer

Answer 34

The concept is Simple Interest, and it indeed fairly simple!

Answer 35

ok