1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
miskamm [114]
1 year ago
13

Thank you for you help

Social Studies
1 answer:
Readme [11.4K]1 year ago
5 0

The interest of Lin is calculated for the loan to be taken, $181 for 4.5% interest rate. $179.4 Interest expense total if 3.9% interest is paid for 8 years.

<h3 /><h3>What is Interest?</h3>

Interest is the amount paid in return for loan, the interest is calculated with a percentage that is agreed when loan is provided.

Loan is charged with the interest rate.

The interest expense was calculated as $575 * 4.5% * 7 years = $181

$575 * 3.9% * 8 years = $179.4.

Mrs. Brookes will have approximately $1400 at the end of year 2.

$1200 * 1.08 = $1296

$1296 * 1.08 = $1399.68

Ben will earn $ 11,249 for Account I

Ben will earn $ 10,927 for Account II

Account I

$10,000 * 1.04 =  10400

$10400 * 1.04 = 10816

$10816 * 1.04 = 11249

Account II

$10,000 * 1.03 = 10300

$10300 * 1.03 = 10609

$10609 * 1.03 = 10927

Learn more about Interest at brainly.com/question/27405159

#SPJ1

You might be interested in
Metaphors through which the kwakiutl understand and describe their life come from
dybincka [34]
<span>Metaphors through which the kwakiutl understand and describe their life come from "Eating".</span>
The Kwakiutl Indians are original individuals of the Pacific Northwest Coast. They live in English Columbia, Canada. Each Kwakwakawakw people group has its own reserve, or reservation. Stores are lands that has a place with a Local American tribe and is lawfully under their control.
6 0
3 years ago
How are hospitals and clinics helping in population management?<br>​
JulsSmile [24]

Answer:

wdefrhjklo;

Explanation:

sdfhjkl;'

6 0
3 years ago
Which civilization ushered in an era of prosperity as Greece's first military and economic superpower
kolezko [41]
The Mycenaean civilization gained very super power<span> of </span>Military, and Economy<span>.</span>
8 0
2 years ago
Read 2 more answers
Facts about Rio de Janeiro
zimovet [89]
Would you like a paragraph to be answered in
6 0
2 years ago
Read 2 more answers
As a result of ___________ studies, Frito-Lay discovered shiny potato chip bags invoked feelings of guilt. Therefore, it switche
netineya [11]

Answer:

Neuromarketing.

Explanation:

Like it's name implies, neuromarketing is the branch of marketing whose task is to study the costumers' cognitive responses to marketing stimuli. Like the exercise exemplifies: using neuromarketing, Frito-Lay discovered that shiny potato chip bags invoked feelings of guilt. Therefore, they switched its packaging to matte bags in order to make sales grow, which was the right call.

7 0
3 years ago
Other questions:
  • Jordan had planned to deliver a persuasive speech encouraging his classmates to buy hummers so they could be "cool." after resea
    15·1 answer
  • Who won the presidency from an incumbent for the first time in U.S. History
    9·1 answer
  • Found mainly in the Gulf of Mexico, what is Mexico's most important natural resource?
    14·2 answers
  • In which area did the french find the most sucess
    14·1 answer
  • A(an) ________ locus of control is the belief that our outcomes are outside of our control; an ________ locus of control is the
    11·1 answer
  • How does the constitution divide power among the governments
    10·2 answers
  • Harvey was at his college reunion where he noticed Raymond, his former roommate. Harvey and Raymond did not get along well at th
    8·1 answer
  • Mercedes takes her 1-year-old son, Justice, to visit a day-care center where she plans to enroll him. Justice eagerly explores t
    9·2 answers
  • What was the result of the brown vs. board of education case?
    15·1 answer
  • The practice of psychosurgery such as prefrontal lobotomies, in which part of the brain is surgically destroyed or disconnected
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!