Seudónimo Seudónimo
  • 21-01-2017
  • Mathematics
contestada

How much interest will be paid in 1 year for a loan of $4200 at 8 1/2% simple interest?

Respuesta :

foggles
foggles foggles
  • 21-01-2017
Assuming interest paid annually, $4,200 * 1.085 = $4557, therefore total interest paid equals $357
Answer Link
hasanahmad368
hasanahmad368 hasanahmad368
  • 21-01-2017
i=ptr
i= (4200)(1)(0.085)
i= $357
4200+357
$4557
Answer Link

Otras preguntas

a bank teller has 7 rolls of coins. each roll has 40 coins. how many does the bank teller have?
Explain how much a president's personal beliefs shape national policy
How do I solve -2m=16m-9
what is the value of the digit 3 in the number 43
Find two numbers that have the GCF of 13
What do Percy and his mother go ? Why is this place special
blank times blank equals 29
Bella pays 7 payments of $5 each to a game store. She returns none game and receives $20 back. What is the change to the amount of money she has.
A farmer can harvest 54 pounds of corn from each acre in his field. How much corn can he get from 12.5 acres?
Why does a good solar collector have to move throughout the day? Really simple please I'm very bad at science.