Financial Algebra Help

Just Pumba

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Joined
Mar 27, 2013
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3
Okay so normally im good with math. But the way my class explains this form of algebra isn't very helpful. Because of this I'm getting through the class with a B and am now stuck on a simple 19 question assignment. If anyone is willing to help me by either explaining how to do the problem or answering it for me that would be great. Ill make sure to post them one at a time. Sorry about this, I know it can be annoying for you but I for some reason struggle with this.




Which statements best describes the difference between interest and debt?
Interest is the amount requested for a loan. Debt is the original amount of a loan.
Interest is the original amount of a loan. Debt is the amount requested for a loan.
Interest is a fee charged for borrowing money. Debt is the total amount of money owed to another.
Interest is the total amount of money owed to another. Debt is a fee charged for borrowing money.
 
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