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Anna35 [415]
3 years ago
8

Select from the drop-down menu to correctly identify the property shown.

Mathematics
2 answers:
Lelechka [254]3 years ago
5 0
Opposite of sum property 
Stolb23 [73]3 years ago
5 0

Opposite of sum property

I took the test

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Maurinko [17]

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Step-by-step explanation:

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Thang decided to borrow ​$6000 from his local bank to help pay for a car. His loan was for 3 years at a simple interest rate of
Jlenok [28]

Answer:

<em>Thang will pay $1620 interest</em>

Step-by-step explanation:

<u>Simple Interest</u>

Definition: Interest calculated on the original principal only of a loan or on the balance of an account.

Unlike compound interest where the interest earned in the compounding periods is added to the new principal, simple interest only considers the principal to calculate the interest.

The interest earned is calculated as follows:

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I = 6000*0.09*3

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Thang will pay $1620 interest

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3 years ago
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