Arnold borrowed $7890 at 11.5 percent for five years. how much did arnold pay in interest?

The total amount Arnold pay in interest is $ 2521.30

Step-by-step explanation:

Given :Arnold borrowed $7890 at 11.5 percent for five years.

We have to find the amount Arnold pay in interest

Using formula for monthly payment ,

Given :  Principal value = $7890

Rate of interest = 11.5% anually

So monthly interest rate is

Time = 5 years

In months 5 years = 5 ×  12 = 60 month

Substitute, above we have,

Simplify, we get,

Monthly payment = $ 173.52

Total payment that Arnold pay = No. of months × Monthly Payment

⇒ Total Payment = 60 × 173.52

⇒ Total Payment =  $ 10411.30

Since, Money Arnold borrowed = $7890

Thus, Amount of interest = Total payment - Amount borrowed

⇒ Interest = 10411.30 - 7890

⇒ Interest = $2521.30

Thus, The total amount Arnold pay in interest is $ 2521.30

i believe the answers 600m

step-by-step explanation:

consider the parallelogram shown in the attached image.

in the parallelogram hijk, the length of hk is given as,

from the properties of parallelogram we know that the opposite sides of a parallelogram are parallel to each other and are equal in measure.

therefore, the length of the side ij must be equal to the length of the side hk and that is .

hence, the expression for the length of ij confirms that hijk is a parallelogram.