You borrow $3,897 for a loan for college expenses with a 2.5% interest rate. How much interest is charged on the loan

Amount of interest pay per year = $97.5 (Approx.)

Step-by-step explanation:

Given:

Amount borrow for college expenses = $3,897

Rate of interest = 2.5%

Find:

Amount of interest pay per year

Computation:

Using Simple interest formula;

Simple interest = Amount borrow x Rate of interest x number of year

Amount of interest pay per year = 3,897 x 2.5% x 1

Amount of interest pay per year = 3,897 x 0.025

Amount of interest pay per year = 97.425

Amount of interest pay per year = $97.5 (Approx.)

answer: integers are just whole numbers: positive, negative, and zero.

i = {-∞, -2, -1, 0, 1, 2, 3, ∞}

let x = 1st integer

let y = 2nd integer

x = 3y + 17   {equation 1}

xy = -24         {equation 2}

substitute 3y+17 in place of x n equation 2

and solve for y.

(3y+17)y = -24

3y2 + 17y = -24

3y2 + 17y + 24 = 0

from quadratic equation:

y = [-17±√(172-4(3)(24))]/(2(3))

y = (-17 ±√1)/6

y = (-17+1)/6   or     y = (-17-1)/6

y = -16/6           or     y = -18/6

y = -2 2/3         or   y = -3

since we are dealing with

y = -3

x = 3y+17 = -9+17 = 8

the integers are -3, 8

step-by-step explanation: