Joe took out a 5 year loan for 14,700 to buy a new car he has to pay 4.9% simple interest on the loan how much interest will joe have to pay in 5 years .? plz me 23 points plz and explain

Joe pays $3601.50 in interest

Step-by-step explanation:

To find the interest, the formula for simple interest is

I = PRT

where I is the interest

P = Principal  = 14700

R = rate = .049

T = time in years = 5

Substituting in what we know

I = 14700 * (0.049) * 5

  =3601.50

1.4

2.3

step-by-step explanation:

the formula for the constant of variation is

y= kx

divide each side by x

y/x =kx/x

y/x =k

we know a and y

1.   y/x = k

4/1 =4

check the other values to make sure they are the same

8/2 = 4   12/3 =4   and 16/4 =4  

the constant of variation is 4

2.   y/x = k

3/1 =3

check the other values to make sure they are the same

6/2 = 3   9/3 =3   and 12/4 =3  

the constant of variation is 3