juleane2001 juleane2001
  • 25-01-2019
  • Mathematics
contestada

Alicia borrowed 15000 to buy a car. She borrowed the money at 8% for 6 years. What is the interest she will pay for the loan

Respuesta :

Bananas4bananas Bananas4bananas
  • 25-01-2019
The answer is $7,200

Why? So you have to use I=prt (Intrest=principle*rate*time) and were trying to find the interest so it stays as 'I' but we have the other numbers so it'd be I=15,000*.08*6 (8% is .08 because the rate must be in decimal or fraction form). Solve it and your answer should be I= 7,200.
Answer Link

Otras preguntas

Answer to A) and B) please help
rewrite the following without an exponent but it needs to be an fraction .
The Hendersons have a sedan and a minivan. The difference in mileage of the two vehicles is greater than 4,500 miles. The minivan has 12,755.25 miles. Write an
How is Mary's perspective (use text line) used to signal something is wrong to the reader?​
Suppose that you have 11 cards. 5 are green and 6 are yellow. The 5 green cards are numbered 1, 2, 3, 4, and 5. The 6 yellow cards are numbered 1, 2, 3, 4, 5, a
4.5 mi C A 42 B Round answer to the nearest tenth
please help i need the help
in a diagram mnps is a quadrilateral. A line is drawn through N to cut SP at qQ .Angle MNQ = 132° ,Angle SMN is twice angle MSQ and angle NPQ is twice angle QNP
When 5g of sodium reacts with enough amount of bromine, 17g of sodium bromide will be formed. What is the percent yield?
1. Los maestros enseñan las clases. 2. El abogado trabaja demasiado. 3. Yo estudio bastante. 4. Los fotógrafos sacan muchas fotos. 5. Tú corres muy rápido.