citycardriving123458
citycardriving123458 citycardriving123458
  • 03-03-2020
  • Mathematics
contestada

Trevor borrows $4000 on a 5-
year loan. He is charged 5%
simple interest per year. How
much interest is he charged
for 5 years?​

Respuesta :

diyapatel232
diyapatel232 diyapatel232
  • 04-03-2020
0.25% bc he is charged 5% per year so just multiple 5% times 5=0.25%
Answer Link
amna04352
amna04352 amna04352
  • 13-04-2020

Answer:

$1,000

Step-by-step explanation:

4000 × (5/100) × 5

1000

Answer Link

Otras preguntas

What is a fifth of 65.20?
Will up-vote! What is 19.2 * 10^8 minutes in hours? A. 1.152 × 10^11 ​h​ B. 1.152 × 10^7 ​h C. 3.200 × 10^9 ​h​ D. 3.200 × 10^7 ​h​
Match each kind of drug to a relationship it has with society and culture. A. Ibuprofen This drug can lead to addiction; possession is a crime punishable by la
Why should an experiment be replicable?
When Jimmy and Shane went fishing, Shane caught 2 more than three times the number of fish that Jimmy caught. Write an algebraic expression that represents how
People under the influence of alcohol are more likely to be injured due to poor coordination and decision making skills. A. True B. False
89 times what equals 830
N x 7 = 49 what is the missing added?
Which of these should always be included in a personal health plan for fitness? Select the two correct answers. A. Pain B. Goals C. Weight loss D. M
Which term describes a person who believes a nation should expand by taking over foreign lands? a. philanthropist b. pacifist c. populist d. imperialist