Seudónimo Seudónimo

31-03-2018
Mathematics

contestada

a loan of $40,000 at 12% for 10 years, how much do you wind up paying back?

Respuesta :

TheAakash TheAakash

31-03-2018

We know the simple interest formula is:
[tex]I = Prt[/tex]

Just plug in values (12% = 0.12):
[tex]I = (40000)(0.12)(10)=$48000[/tex]

So, you end up paying back $48000.

Answer Link

Otras preguntas

--17 -(-17.9) What is the work?

Which of the two men Thomas Paine or peter Oliver seems to trust the American common people more ?

According to the municipal solid waste report what are the benefits of recycling

Similarities between frog and human skeletal system

Is the sum of 349 and 298 even or odd

I’ll mark BRAINLIEST if you can write the proofs using the given!

The local fire station is holding a pancake breakfast. They need 14 quarts and 2 cups of buttermilk to make the pancakes. The buttermilk at the store is sold in

A space probe is launched from Earth headed for deep space. At a distance of 10,000 miles from Earth's center, the gravitational force on it is 520 lb. What is

a forward horizontal force of 3 lb is used to pull a 60 lb sled at constant velocity on a frozen pond. the coefficent of (kinetic) friction is: 1. 0.2 2. 0.05 3

2. force → the rate at which an object changes position; distance divided by timetrue or false3. inertia → an object´s resistance to a change in motiontrue or f