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2 answers:
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Answer:
The amount of interest is $5580.
Step-by-step explanation:
Given : Jacob borrowed $30, 000 to start up his consulting business. The loan had simple interest rate of 6.2% for 3 years.
To find : The amount of interest he will pay with the loan ?
Solution :
Using interest formula,
Where, P is the principal P=$30,000
R is the rate of interest R=6.2%=0.062
T is the time t=3 years.
Substitute the value in the formula,
Therefore, The amount of interest is $5580.
Answer:
B. 71.43%
Step-by-step explanation:
The sensitivity is the probability that a test will indicate 'disease' among those with the disease, that is, the test has a positive results:
In this problem, we have that:
150 people with the disease tested positive and 60 tested negative. So the sensitivity is:
The correct answer is:
B. 71.43%