Mr. Hobbs took out a loan of $12,000 for 4 years at a simple annual interest rate of 7%. How much interest did he pay?

Step-by-step explanation:

I= P*r*t

I = 12000* 7% *4

Total interest paid was $3360.

8

step-by-step explanation:

to find the amount of gift bags to use all the supplies, find the gcf or greatest common factor. this is the largest number which multiplies evenly into each term.

48 has factors: 1, 2, 3, 4, 6, 8, 12. 16, 24, 48

80 has factors: 1, 2, 4, 5, 8, 10, 16, 20, 40, 80

64 has factors: 1, 2, 4, 8, 8, 16, 32, 64

the highest number factor they all share in common is 8. this means there will be 8 bags with 6 pencils, 10 markers, and 8 stickers in each bag.