Dr drake is thinking about retirement and decides to sail around the world once he retires. he buys a sailboat for 125000. he borrows the money at an apr of 7.5% for five years. how much will his total interest be

$46875.

Step-by-step explanation:

We have been given that Dr. Drake buys a sailboat for 125000. He borrows the money at an APR of 7.5% for five years.

We will find total interest after 5 years by using simple interest formula.

, where,

A= Amount after T years.

P= Principal amount.

r= The annual interest rate (in decimal form).

T= Time in years.

First of all we will convert our given interest rate from percent to decimal form.

Now let us substitute our given values in above formula.

To find the amount of total interest we will subtract principal amount from 171875.

Therefore, the total interest after 5 years will be $46875.

whole numbers.

step-by-step explanation:

we are given the average monthly rainfall (in millimeters) model r(m) for the years 1900-2009 as a function of the month number m.

as we can see m is taken for the number of months for years 1900-2009.

we know that number of months can't be a negative number or decimal number or a fraction.

so, the number of months could be only positive whole numbers.

therefore, whole numbers is more appropriate for the domain of r.