The following information is known about a loan. time = 8 years interest rate = 14% principal = $1,010 what is the total amount of simple interest that is earned? $113.20 $1,131.20 $11,311.20 $113,112.00

$1,131.20

Step-by-step explanation:

The formula to calculate simple interest is given by :-

, where P is principal amount , t is time and r is the rate of interest.

Given : Time = 8 years;

Interest rate = 14% =0.14;

Principal = $1,010

Then ,

Hence, the total amount of simple interest that is earned =$1,131.20

answer: the price of one pound cabbage = $ 0.8

the point (10,8) represents that the cost of 10 pounds cabbage is $ 8

step-by-step explanation:

since, here is a proportional relation between the number of pounds of cabbage (x) and the price in dollars (y).

therefore, we can write,

⇒ y = k x

where k is the constant of proportionality.

now, point (5,4) is in the line.

thus, it will satisfies the above equation of line.

⇒ 4 = 5 k

⇒ k = 0.8

thus, the equation of the line is,

y = 0.8 x

a) for x = 1,

y = 0.8

therefore, the cost of one pound of cabbage is 0.8 dollars.

b) in the below graph (10,8) represents that the cost of 10 pounds of cabbage is 8 dollars.

b.-4 units

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