Alexia took out a 12-year loan for $72000 to renovate her home. if her monthly payments are $680, what is the interest rate?

intrest equation

I/PT = R

$680 / $72,000 x 12 years = R

$680 / $864,000 = R

7.8703 = R

or rounded 8%

Step-by-step explanation:

i would have to say it is c.

step-by-step explanation:

always plug in x. in this case, x equals 4.

i'm going to first solve 4(2+3x)

1) 4(2+3(4)) use pemdas to solve.

i'm going to multiply whats in the parenthesis first, so 3 times 4=12.

2)4 (2+12) i'm then going to multiply 4 by both numbers in the parenthesis (because multiplying comes before adding)

4 times 2= 8.   4 times 12= 48

4) (8+48)= 56 (answer)

i'm then going to solve 8+12x and plug in 4 for x.

1) 8 +12(4)

multiplying comes before adding, so i'm gonna multiply 12 and 4.

12 times 4= 48.

2) 8+48=56

both equal the same!