nickmontano nickmontano

05-03-2015
Mathematics

contestada

Determine the simple interest paid after 3 months on a loan of 9,700 dollars borrowed at an annual interest rate of 11%.

Respuesta :

AaronNicole AaronNicole

05-03-2015

Multiply $9700 by 11% to get the annual interest, then divide by 12 months in year and multiply by # of months. 9700 * .11 = 1067 1067/12 = 88.9166666 88.9166666*3= $266.75

Answer Link

Otras preguntas

how many day is in a dogs year if there is 7 dog years in a human year

which is bigger 9 ounces or 150 grams

Railroads encouraged the growth of settlements in the West because they A. paid people to settle the Great Plains. B. paid to remove local Native Ameri

which policies would have received the most support from georgia's "malcontents"? a) policies that would allow trade with the spanish in st. augustine. b) polic

The number has 9 digits. the digit in the tenths place is the digit used to represent a half dozen. the digit in the tens place is the value of a fraction with

which characteristic is shared by all living things

Which term describes this diagram? A. trophic level B. food web C. food chain D. matter cycle

what is 10×4 thousands in place vaule

which ratio is equivalent to 5:4 ?

quantity x squared minus 3 x minus 54 over quantity x squared minus 18 x plus 81 times quantity x squared plus 12 x plus 36 over quantity x plus 6.