lovinglifeforever123 lovinglifeforever123

12-12-2015
Mathematics

contestada

An X-ray machine for animals costs$125,000. If the loan is for 10 years, an the interest paid is $65,625, what is the interest rate on the loan

Respuesta :

12-12-2015

The answer is 5.25%.

$65,625/10yrs=$6,562.50 per a year.

6,562.5/125000= .0525 which translates to 5.25%.

Answer Link

Otras preguntas

How do l calculate e nergy

NEED TO Be DONE ASAP!! For each group of summer fruits, colour in 1/4

What is the definition of math

A bike is travelling at a velocity of 7 m/s. The cyclist brakes for 2 seconds when a dog runs out in front of her. The bike's new velocity is 4 m/s. Calculate t

Tony’s Electronics is marking down the price of a TV 23% from the original price of $175. Which expression can be used to find the sale price.

How much power is required to lift a 2.0 kg mass at a speed of 2.0 m/s? a. 2.0 W c. 9.8 W b. 4.0 W d. 39 W

You take 150 you had kept under your mattress and deposit it in the bank account. Supposed this $150 stay in the banking system as reserves and bank hold reserv

I need help with number 7, and the second part of number 8. Thank you!

According to Tuesday's lesson: Literary and Dramatic Terms to Know, what is the general term for a difference between expectation and outcome? A Aside B Charact

What is 82101 divided by 4