A repairperson buys a new heavy-duty electric drill with installment payments. The initial cost of the drill is $300. The repairperson makes six payments. The total payments for the drill add up to $324. How much interest does the repairperson pay?

Answers

Answer 1

Answer:

The repair person paid an amount of interest of $24.

What is Subtraction?

Subtraction can be done for any numbers or algebraic expressions. It is the process of taking out certain value from a given amount of number.

The process of subtraction can also be termed as finding difference.

Given that,

A repairperson buys a new heavy-duty electric drill with installment payments.

Initial cost of the drill = $300

Number of installment payments made = 6

Total payment for the drill = $324

Amount of interest = Total payment for the drill - Initial cost of the drill

= $324 - $300

= $24

Hence the interest paid is $24.

To learn more about Subtraction, click here :

brainly.com/question/2346316

#SPJ3

Answer 2

Answer: he pays $24 interest

the percentage interest would be 24/300 ×100 = 8% interest

Related Questions

The picture is the question :) please answer fast i give thanks and 5 stars :p
Is 63 a prime number or a composite
Cybil read 3/10 h before breakfast, 9/20 h during the day, and 1 3/5 h after dinner?How many total hours did Cybil read?Express the answer in simplest form.
the rectangular rug in jody's room is 8 1/2 feet long and 4 feet wide what is the area in square feet of jody's rug
At a kennel, the ratio of dogs to cats was 4to9. if there were 64 dog s how many cats were there

A dot plot is shownIf the quantities 3 and 4 are added to the data set, how would the distribution be affected?

Answers

it’s on photomath u should def try that it works too!

Your parents took your family out to dinner. the parents wanted to give the waiter a 15% tip. if the total amount of the dinner was $42,00 what should be paid to the waiter as a tip?

Answers

Answer:

it is a 630 tip or if 42.00 it is 6.30

Step-by-step explanation:

if you take 4200 and multiply by 0.15 you get the awnser

Answer:

$6.30

Step-by-step explanation:

Your parents took your family out to dinner. the parents wanted to give the waiter a 15% tip. if the total amount of the dinner was $42,00 what should be paid to the waiter as a tip?

Which method of solving quadratic equations would be the easiest to use to find the solution for x2 – 13x + 12 = 0?