Ask question

Ask question

All categories

3 years ago

9

Jose borrowed $20,000 dollars to buy a new speed boat. The interest rate on his loan was 5 percent. He will pay it back in three

years. How much interest will he pay? What will be the total amount he'll pay for the boat including interest? PLEASE HELP :)

1 answer:

Lubov Fominskaja [6]3 years ago

7 0

20,000 * .05 = 1,000 1,000 * 3 = 3,000 20,000 + 3,000 = 23,000 Hope This helps :)

You might be interested in

n 2000 the population of a small village was 2,400. With an annual growth rate of approximately 1.68%, compounded continuously,

Nitella [24]

Answer:

The population would be 3358

Step-by-step explanation:

Since, exponential growth function if the growth is compound continuously,

$A = Pe^{rt}$

Where,

P = initial population,

r = growth rate per period,

t = number of periods,

Given,

The population in 2000, P = 2,400,

Growth rate per year = 1.68% = 0.0168,

Number of years from 2000 to 2020, t = 20,

Thus, the population in 2020,

$A=2400 e^{0.0168\times 20}$

$=2400 e^{0.336}$

$= 3358.4136$

$\approx 3358$

6 0

3 years ago

The blue figure is a dilation of the black figure. the labeled point is the center of dilation. tell whether the dilation is an

Varvara68 [4.7K]

Answer:

Step-by-step explanation:

um

8 0

3 years ago

Question 4 of 17

Vlada [557]

Answer:

I think it is A OR D

4 0

3 years ago

Solve for A R=x(A+B)

julia-pushkina [17]

R=x(A+B)
divide both sides by x
R/x=A+B
minus B both sides
(R/x)-B=A
A=(R/x)-B

5 0

3 years ago

Please i need this to be done. The end of the marking period is Friday and i have until tomorrow to do some of this can anyone h

natita [175]

Good luck I answered on the other one

6 0

3 years ago