Answer: $10000
Step-by-step explanation:
From the question,
Principal = $43000
Time = 5 years
Rate = Unknown
Simple Interest = $51,600 - $43000 = $8600
We need to calculate the rate of interest which will be:
Interest = PRT/100
8600 = (43000 × 5 × Rate) / 100
Cross multiply
8600 × 100 = 215000 × Rate
Rate = 860000 / 215000
Rate = 4%
Assuming Justine borrowed $50,000 instead, the yearly Interest will be:
= (50000 × 5 × 4%)
= 50000 × 5 × 0.04
= $10000
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Answer explaining=
Answer:
Step-by-step explanation:
C
Answer:
3 hours 39 minutes
Step-by-step explanation:
4:33 + 0:39 = 5:12
5:12 + 3:00 = 8:12
Answer:
38, 26
Step-by-step explanation:
(x+78) + (x-12) +x = 180
3x + 66 =180
3x = 114
x = 38
P = 38-12=26