shantol shantol
  • 20-05-2014
  • Mathematics
Answered

Sam borrows $1,000 from a bank that is charging eight percent simple interest per year. If he pays the loan back in six months, how much interest will he pay?

Answer :

Аноним Аноним
  • 07-07-2014
[tex]8\%:2=4\%=0.04\\\\0.04\ \times\ \$1,000=\$40\leftarrow answer[/tex]
Answer Link

Other Questions

During the European Enlightenment the democratic idea emerged that governments get their power from
In the 1880s Otto von Bismarck led the legislature of Germany to pass laws to Aforbid labor unions Bslow industrial development Cprovide workers with financial
What is 32 104 mh in centimeters per second A 8889 106 cms B 8889 105 cms C 1152 105 cms D 1152 107 cms
Simplify the expression 25i15i
The label on a juice carton says there are 50 calories in a 4ounce serving of juice If Arthur drinks 12 ounces of juice how many calories will he consume A 48 c
Definition of reciprocity treaty
who as the Italian explorer who sailed across the Atlantic ocean in 1492 hoping to find a route to India in order to trade for spices
Two long strips of paper are each 2 inches wide and they overlap so that the angle between the strips is 30 degrees What is the number of square inches in the a
01is 110 of what number 009 is 110 of what number
A farmer needs to fence a rectangular piece of land She wants the length of the field to be 80 feet longer than the width If she has 1080 feet of fencing what s