Given:
amount borrowed $6,100
interest rate 6% - assuming annual interest rate
term - 290 days of a 365 day year.
This is a simple interest computation.
Interest = Principal * interest rate * term
Interest = 6,100 * 6% * 290/365
Interest = 290.79
Total payment at the end of the 290 term would be $6,390.79.
Principal + interest → 6,100 + 290.79 = 6,390.79
Answer:
Hey there! ok , so your equation would be 28 / 3
Step-by-step explanation:
The equation would be 28/3 because there are 28 students in the class and the ratio of boys to girls is 3-9 meaning that it is 1/3, which is the same as dividing by 3, so the equation would be 28/3
Multiply principle by time by rate
1200(.02)(5)
120
Answer:
3 is the answer hope it helps