dariusneals180
dariusneals180 dariusneals180
  • 03-04-2018
  • Mathematics
contestada

The principal on a loan is $5000, the interest rate is 3.6% and the simple interest is $900.00. How long was the loan?

Respuesta :

sqdancefan
sqdancefan sqdancefan
  • 03-04-2018
I = Prt
t = I/(Pr)
t = $900/($5000*.036) = 5 . . . years
Answer Link

Otras preguntas

a pie was cut into 8 equal slices if Ruben ate 3/4 of the pie how many slices did he eat?
Kat’s grades were so good that she was already ________ herself as class valedictorian?
An angle measures 65º. What is the measure of its supplement?
10 squared plus four times nine minus two cubed
Solve this equation: 4y + 228 = 352. A. y = 31 B. y = – 31 C. y = 145 D. y = 3
Why are women often carriers of X-linked traits but rarely affected by them?
Which of the following is a characteristic of both Mozambique and South Africa? a. a high death rate from AIDS c. a largely urbanized population b. a high pop
A state refusing to follow a federal law would be guilty of
Which one of the following strategies will NOT help you work through confusion?
What is 1 1/4 plus 2 2/4?