1. What is the simple interest on $4,500 for 2 and a half years at 4% per year? 2. On a loan of $4,500 for 2 1/2 years at 4% per year, how much do you wind up paying to pay off the loan?
3. What is the simple interest on $40,000 for 10 years at 12%?
4. For a loan of $40,000 at 12% for 10 years, how much do you wind up paying back?

1st is 180$ sorry if I’m wrong

Step-by-step explanation:

1. $450

2. $4950

3. $48,000

4. $88,000

Step-by-step explanation:

I took a test and got these questions correct. I hope this helps!

hdjd

step-by-step explanation:

we have three similar triangles, because each has a right angle and shares an angle.   let's write the angles in order: opposite to short leg, long leg, hypotenuse.

cab similar to bad similar to cbd

or as ratios,

ca: ab: cb = ba: ad: bd = cb: bd: cd

we also know

ac = ad + cd

(ad+cd): ab: cb = ba: ad: bd = cb: bd: cd

(ad+cd)/cb=cb/cd

we have cb=6, ad=5 and seek x=cd.

we reject the negative root and conclude x=4

answer: 4