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pshichka [43]
3 years ago
14

Jake received a student loan for $12000. He plans on paying off the loan in 5 years, Jake will have paid $3600 in interest. What

is the simple interest rate in the student loan?
Mathematics
1 answer:
vazorg [7]3 years ago
3 0
6%
You want to calculate the interest on $12000 at 6% interest per year after 5 year(s).

The formula we'll use for this is the simple interest formula, or:

Where:

P is the principal amount, $12000.00.
r is the interest rate, 6% per year, or in decimal form, 6/100=0.06.
t is the time involved, 5....year(s) time periods.
So, t is 5....year time periods.

To find the simple interest, we multiply 12000 × 0.06 × 5 to get that:

The interest is: $3600.00
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Tpy6a [65]

Answer:

There appears to be statistical bias.

Step-by-step explanation:

There is a likelihood of potential bias in the experiment. This is is because the results can be manipulated so that they can be in line with the organization's objectives and of the funders.

Only verified and quantified surveys are able to provide statistically unbiased results.

7 0
3 years ago
In a school , the ratio of a soccer players to volleyball players is 4:1
sladkih [1.3K]
There are 4 times as many soccer players as there are volleyball players.
5 0
3 years ago
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1 + (-2/3) - (9/2) evaluate
Elina [12.6K]

Use the least common denominator(LCD) to solve this equation:

1 + (-2/3) - (9/2)

so, what is the LCM of 3 and 2 : 6

so, the LCD = 6

1 + (-2 x 2/6) - (9 x 3/6)

the 1 = 6/6

Put it back into the equation:

6/6 + (-4/6) - (27/6)

Then, take it out of the parenthesis:

6/6 - 4/6 - 27/6

Simplify:

= - 25/6

which is the answer.

Hope that helped !! Have a great day now

7 0
3 years ago
Read 2 more answers
At the beg ending of 2009 Marilyn invested $5000 in a savings account account pays 4% interest per year at the end of the year a
pychu [463]

Answer:Use the given functions to set up and simplify

y

e

a

r

.

2009

=

5000

=

4

%

=

0.04

y

e

a

r

=

0.04

y

e

a

r

=

0.04

Step-by-step explanation:

I Think

6 0
3 years ago
At the Rue’s zoo there are 400 total animals. 100 of them are reptiles. What percentage of the total amount of animals are not r
Mariana [72]

Answer:

I´ll say 75% because basically well..lets say that there are 400 animals then you divide them all to 100 so there is 100 animals in each box and lets say 100 animals = 25% so we add another animal and that gives us 50% then another and 75% so you get wear im going with this right?

Step-by-step explanation:

But the answer is 75%

4 0
3 years ago
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