dmiyriyseleznev dmiyriyseleznev

01-12-2016
Mathematics

contestada

Joe borrowed $2,000 from the bank at a rate of 7% simple interest per year. how much interest did he pay in 5 years?

Respuesta :

blacknthfurious blacknthfurious

01-12-2016

7% of 2,000 is 140. sooooo
140 x 5= 700

Answer Link

01-12-2016

By the formula I=PRT/100
P=PRINC AMOUNT
R=RATE
T=TIME / ANUE (yrs)
Giving p=2000
R=7%
T=5yrs
Substitute the values in the above formula gives
(2000)+(7)+(5)/100=20.12

Answer Link

Otras preguntas

According to the passage, why were the British eager to trade in China? The demand for tea in Britain was decreasing. They hoped to sell goods manufactured in B

In the caterpillar, molting and metamorphosis are under the control of the same hormone. What is the hormone? How are these separate developmental pathways cont

Please help :DDDDDD question is in the pic!

U3L10 Assignment Unit 3 > Lesson 10 1. Choose whether the following sentence is an independent clause, subordina or neither: Jane ran to the store. subordina

why has the Hudson river valley been important to the development of the interior?

if a= -0.5 and b=5, find the value of 4a+b

Which point lies on the graph of the line? (5, 8) (1, 6) (–3, 3) (–4, 2)

Which choice is a factor of 62? A.13 B.20 C.62 D.3

How would I solve this?

what kinds of mutations were more beneficial? Why?