Jameson is seeking a loan with a simple interest rate of 3% per year. If he wants to borrow $8000, then how much will he be charged interest after 4 years?

The value of interest charged after 4 years = $ 960

Step-by-step explanation:

Principal amount P = $ 8000

Rate of interest R = 3 %

Time = 4 year

Simple interest =

⇒ S.I. = 8000 × 4 ×

⇒ S.I. = $ 960

This is the value of interest  after 4 years.

14

step-by-step explanation:

14 x 3 = 42

step-by-step explanation:

i think something is missing in your question because y-1=(x-12) would not pass through the point (-4,-3). because if you replace x by -4 your are supposed to find y=-3 which is not the case her. if you replace x by -4 you find =-15.

i assume the right equation is y-1=1/4*(x-12) because this one is passing through both your points (if you are interested to know how i found that out i can tell you).

in this equation if i replace x by -4 i find y=-3 and if i replace x by 12, i find y=1 so the line representing this equation is passing through those 2 points.

then the standard form of the equation is finding an expression of y in function of x

y-1=1/4*(x-12)

y=x/4-3+1

y=x/4-2

hope that .

do you confirm there was a mistake in the question?