Tyrell has a bankruptcy on his credit report and therefore pays higher interest rates on his current loans. he calculates that the extra money he pays in additional interest each year, if invested at the rate of 2.5% for one year, could earn him simple interest totaling $300. how much does tyrell pay in additional interest each month? a. $90 b. $100 c. $1,000 d. $12,000

The correct option is c.

Step-by-step explanation:

It is given that the extra money he pays in additional interest each year, if invested at the rate of 2.5% for one year, could earn him simple interest totaling $300.

Let the extra money he pays in additional interest each year be x.

Divide both sides by 2.5.

The extra money he pays in additional interest each year is $12000.

1 year = 12 months

The extra money he pays in additional interest each month is

Therefore correct option is c.

step-by-step explanation:

let

we know that

the y-intercept is the y-coordinate of the point when the value of x is equal to zero

so

the y-coordinate of the point a is the y-intercept

the answer part a) is

the value of y-intercept is

part b) find the slope m

we know that

the value of the slope is equal to

substitute the values

therefore

the answer part b) is

the value of the slope is equal to

the general answer is

the slope is

the value of y-intercept is

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step-by-step explanation: