murphyzoo1920 murphyzoo1920

21-06-2020
Mathematics

contestada

A loan of $8 000 was repaid in 2 years in
monthly payments of $400.00. The interest
on the loan, as e percentage, was?

Respuesta :

TheLazyNobita TheLazyNobita

21-06-2020

Answer:

P = 8000

t = 2

I = p × r × t

400 = 8000 × r/100 × 2

r = 400/160 per year

r = 40/16 = 2.5 %

Answer Link

Otras preguntas

PLEASE ANSWER ASAP!!!!!!!What is one of the results of the First Gulf War? A. Kuwait became an independent nation again. B. Kuwait became part of Iraq. C. S

PLEASE PLEEEASE HELP ME IM BEGGING YOU WITH ALL MY HEART YOU GET 20 POINTS Solve for m:(m-4)^3 = (1/8)^-1

How do time and sound change for the man as the moment of his hanging nears?

what is the link between urbanization and the growth of industry/factories

What law was referred

America's Space Shuttles have met tragic endings?

What becomes a watery mixture in your stomach?

Type a personality ist to ___ as type b personality is to ___

Me llamo Elena, y no me gusta bailar. Yo soy ___

Please help, it’s due tomorrow! I’ll mark BRAINLIEST if you explain or work it out. I have the ratios for each triangle at the top, but I’m confused how are you