tyerekeruffins
tyerekeruffins tyerekeruffins
  • 14-08-2019
  • Mathematics
contestada

9. A simple interest loan with a principal of
$5000 is paid back after 2 years. The total
payment is $5875. What is the annual rate of
interest on the loan?

Relax

Respuesta :

jpkurowski0709
jpkurowski0709 jpkurowski0709
  • 14-08-2019

Answer:

437.50

Step-by-step explanation:

Okay so you need to give him 5000 but now its 5875 cuz you waited so just do 875÷2

Answer Link

Otras preguntas

How is a Bronsted – Lowry acid and base different from a Lewis acid and base?
Please help ASAP!!!!!!!
Which languages are Germanic languages Dutch English French Italian Swedish Norwegian
What is the net redox reaction that occurs when Au comes into contact with acidic KMnO4? (Use the lowest possible coefficients. Omit states-of-matter from your
Which inequality is a true statement? Question 1 options: -4 < -5 -4 ≤ -5 -4 > -5 -4 ≥ -5 -4 = -5
what is a group of cells that can do certain things as group called​
Which element is oxidized in the following reaction: 2FeCl₂ + Cl₂→2FeCl₃ if Fe goes from + 2 to +3 and Cl goes from 0 to −2? Cl and Fe Fe Neither element Cl
What is -5(a-3)<45 and what is 1/2(t-6)<22??
What’s the answer....
Help!!!! Question is attached in photo