ronnyjane9811 ronnyjane9811

08-12-2020
Mathematics

contestada

ohn needs money so he borrows $1,000 for 5 years at 6% simple interest. How much money will he have to pay back in all? (simple interest formula only gives interest, one extra step here) I=PRT

Respuesta :

10213457 10213457

08-12-2020

Answer:

i = prt

p = principle amount = 6000

r = rate of interest = 7% = 0.07

t = years = 4

i = 6000*0.07*4 =1680

Step-by-step explanation:

Answer Link

Otras preguntas

A writer for a company headquartered in Texas is designing a 100 page report, the text ofwhich must be single-spaced to minimize printing costs. To make the rep

Why did many Americans feel the need to revise the articles of confederation

Global Enterprise Corporation enters into a contract with HealthCare Insurance Company to obtain insurance for Global employees. If HealthCare breaches the cont

You deposit 4000 in an account earning 8% interest compounded monthly. How much will you have in the account in 5 years?

True or False? If you have already submitted a resume with references, you do NOT need to bring copies of your resume or references to an interview. Question 4

Jerry started doing sit-ups every day. The first day he did 19 sit-ups. Every day after that he did 2 more sit-ups than he had done the previous day. Today Jerr

Neurosurgeons have severed the corpus callosum in human patients in order to reduce: (2 points) aphasia epileptic seizures depression neural plasticity reward d

Which BEST describes internet wikis as a source of scientific information? A-wikis are a good source of reliable scientific information B-wikis are written only

How do I find the critical points of 3^x sinx?

Suppose that a nonnegative integer solution to the equation u + v + w + x + y = 12, thought of as a 5-tuple (u,v,w,x,y) is chosen at random (each one being equa