andiescalante1 andiescalante1

25-02-2020
Mathematics

contestada

You borrow $1500 for a car loan. It is 5% simple interest over 4 years. How much interest will you owe?

Respuesta :

tolaosunrinde tolaosunrinde

25-02-2020

Answer: $300

Step-by-step explanation:

Simple interest is calculated by multiplying the daily interest rate by the principal, by the number of days that elapse between payments.

P×R×T

$1500×5/100×4years

Answer Link

Otras preguntas

How do I solve this problem w

what isSlope-Intercept Form

Humans conduct _____. external fertilization internal fertilization conjugation pollination

What is likely to happen in the long term if the Earth continues to absorb more energy than it emits?

which of the body systems does not rely on the autonomic nervous system to stimulate involuntary events

Can someone help me on this question please

How can understanding more about agricultural practices help society?

which one of the following statements is most accurate regarding the manpower compact

Can someone please help me solve this problem?

Please help me answer this: A fireman is halfway up a ladder. He goes down 4 steps to get the hose and then climbs 15 steps. When he stops climbing, there are 3