ninja135 ninja135

22-04-2014
Mathematics

Answered

how much interest will be paid in 2 years for a loan of $1500 at 8.25% simple interest ?

Answer :

Аноним Аноним

03-05-2014

[tex]8.25\%=0.0825\\\\0.0825\cdot\$1500=\$123.75-after\ the\ one\ year\\\\\$1500+123.75\$=\$1623.75\\\\0.0825\cdot\$1623.75=\$133.96-after\ the\ second\ year\\\\\$123.75+\$133.96=\$257.71-answer[/tex]

Answer Link

Other Questions

According to the ancient Greeks what does a truly great character do A defy the gods when the gods are wrong B value ones family over ones country C make peace

write 4625 as a mixed number in a simplest form

What is the sodiumpotassium pump

what is the square root of 175

Which sentence uses a verb that agrees with its subject A Here are my plans for the weekend B There cross an alley cat C Beneath the porch is both of our bicycl

Which best describes a codon a a cell structure that gives the master instructions for an organism b a segment of DNA that is the basis of heredity in organisms

what can name part of a whole or a group

In how many ways can 12 onedollar coins be shared between josh frank and Susie if each of them receives at least 3 coins

Congress instituted the Reconstruction Finance Corporation RFC to loan money to

sketch the graph of each lineyx3