Given that loan amount P=20000
Interest rate r=5% = 0.05
Time of loan t=4 years
Now to find the interest amount we just plug those values into formula
simple interest = P × r × t
simple interest = 20000* 0.05* 4
simple interest = 1000 * 4
simple interest = 4000
Hence final answer is choice b. $4000.
Total = Principal * e^(rate*years)
Total = 4,500 * 2.718281828459^(.02*4)
Total = 4,500 * 2.718281828459^(.08)
Total = 4,500 *
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1.0832870677
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Total =
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4,874.79
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calculator for checking the answer:
http://www.1728.org/compint.htm
I HAVE NO IDEA WHAT THE ANSWER IS!!! CAN YOU TELL ME???
Answer:
19 will be the answer.
Step-by-step explanation:
10+9=19
Answer:
The answer is 7/20 miles.
Step-by-step explanation:
Just multiply 7/6 x 2/5, then you have the answer