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vovikov84 [41]
9 months ago
10

$1,000 at 14% for 2 yearswhat is the simple interest?what is the total amount?

Mathematics
1 answer:
pshichka [43]9 months ago
6 0

Answer:

Simple Interest = $280

Amount = $1,280

Explanation:

Simple Interest = PRT/100

P is the Principal = $1000

R is the Rate = 14%

T is the Time = 2 years

Simple Interest = 1000 * 14 * 2/100

Simple Interest = 10 * 28

Simple Interest = $280

Amount = Principal + Interest

Amount = $1000 + $280

Amount = $1,280

Hence the required amount is $1,280

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Katen [24]
Answer: $51

60 * .15 = 9
60 - 9 = $51
4 0
3 years ago
Pls help me
Mashutka [201]

Answer:

A is the answer because...

Step-by-step explanation:

Let's narrow it down, so it is not D because 8/2=4 but 64/4=16, so already they don't share a slope. It is not B because the numbers don't work together like they should, since we are trying to prove proportionality. It is not C because we are not trying to square the numbers but find a similarity between the numbers, the same slope I mean. So that leaves A which has  the slope of 2, test it out now. 0 and 0 are the same, 4/2=2, 8/4=2, 12/6=2. So now you know that A is the correct answer.

Hope you understand! :)

3 0
3 years ago
Lily took out a 5-year loan from the bank for $31,000 to purchase a new car. At the end of the loan, she had paid a total of $37
otez555 [7]

Answer:

=24.5%

Step-by-step explanation:

  1. Simple interest = (principal×rate×time)÷100. *brackets first*
  2. transpose the formula to make rate the subject: rate= (100×simple interest) ÷ (principal×time)
  3. plug in values: rate = (100×37975) ÷ (31000×5)
  4. the result is 24.5%
8 0
3 years ago
It takes Mr. Martin 12 minutes to drive his bus route without stopping to pick up any passengers. For each passenger stop, he es
PtichkaEL [24]
14 = 0.5p + 12 <== ur equation
8 0
3 years ago
Read 2 more answers
a college loan of 15000 has a 3% annual simple interest rate what is the interest the student will pay after 5 years
inessss [21]

Answer:

Interest = $ 90000

Step-by-step explanation:

Given, Principal= $15000

Rate = 3%

Time = 5 years

Interest = P × R × T/100

Therefore, Interest = 15000 × 3 × 5/100

(dividing 100 by 5 to get 20)

= 15000 × 3 × 20

= 90000

if it helps don't forget to like and mark me down

7 0
3 years ago
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