Roxanna018 Roxanna018

02-10-2017
Mathematics

contestada

In order to start a business, a student takes out a simple interest loan for $7000.00 for 6 months at a rate of 8.00 %

Respuesta :

Aliwohaish12 Aliwohaish12

02-10-2017

To find The interest owed the formula is
I=prt
I interest owed?
P principle 7000
R interest rate 0.08
T time 6/12
I=7,000×0.08×(6÷12)
I=280

To find the balance at the end of 6 months the formula
A=p+I
A=7,000+280
A=7,280

Hope it helps!

Answer Link

Otras preguntas

What are two reasons that average population age is increasing in developed countries?

on a farm there are some cows and some chickens if the animals have a total of 40 heads and 112 legs how many cows are there? how many cows are thereand how man

Someone asks you why some crustaceans have blue blood, and some worms have green blood. A good answer would be that these creatures don’t have the protein calle

period table basic activity

HELP PLEASE ASAP 100 cm is equal to: a. 0.1 m b. 1 m c. 10 m d. 1,000 m

For the equation r/3+t=w express r in terms of t and w

Please Help!!! It Would Mean A Lot!!! c:

The regression equation y = 1.3x + 6.8 approximates the number of minutes it takes an employee to drive to work, y, given the number of miles the employeehas to

Who invented an efficient way to manufacture frozen french fries, which helped to speed up the growth of the fast-food industry?

what was significant about the battle of wounded knee