6
Installment Loan
$5000.00
Principal
Term Length
How much of the first
payment for the
5 years
installment loan
12% shown in the table will
go towards interest?
Interest Rate
Monthly Payment
$111.00
At a constant it will take one hour to travel 32 mi.at that speed it will take 1/2 hr to travel the remaining 16 mi.it will take 1+1/2 hr to travel the 48mi @ 32mph.so 1 hr = 60 min& 1/2 hr = 30 min1+1/2 hr = 90 min.there are 60s in each 90 × 60 = 3600 seconds.the real question seriously is he why are they driving so slow? ! lol.
Ahome improvement store rents it’s delivery truck for $19 for the first 75 minutes and $4.75 for each additional 1/4 hour. if a customer rented the truck at 11: 10 am and returned the truck at 1: 40 pm the same day, what would his rental cost be?