martensivy00
martensivy00 martensivy00
  • 13-04-2021
  • Mathematics
contestada

If you borrow $5000 at an interest rate of 8% for 9 years how much interest will you pay? (I got $3600 but I don't know if its right)

Respuesta :

Theorem
Theorem Theorem
  • 13-04-2021

Step-by-step explanation:

Principal:- $5000

Rate= 8%

Time = 9 years

Interest = P×R×T/100

= 500×8×9/100

= 5×8×9

= 40×9

= 360

Hence, Interest = $360.

if it helps don't forget to like and mark me

Answer Link

Otras preguntas

Scenario 2: Make a cross between the following flies: 1: A heterozygous gray-bodied fly and 2: A heterozygous gray-bodied fly. What is the dominant phenotype in
How long did it take for the apple to hit the ground
Part A: find the product of 918.642 and 1/10. Part B: Divide the product of 918.642 and 1/10 by 1.5.
8x²-x+x²+4x-9x²=18 Help meee
10PTS!!!!!!!! Please complete the dialogue with the correct "complemento directo": -¿Tienes hermanos? - Sí, _____ tengo.
3 sisters are each 2 years apart in age. the youngest sister is emily, the middle sister is samantha and the oldest sister is lauren. together their combined ag
which shape has a vertex that is also an apex sphere prism cylinder pyramid
When molten rock undergoes crystallization above ground, what type of rock results? A. Intrusive igneous rock B. Extrusive igneous rock C. Metamorphic roc
please help me on this
PLEASE I NEED MAJOR HELP!! Describe the two main factors that influence the path of surface currents. I need about 3 sentences or more maybe. Just Help me pls i