1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elan Coil [88]
3 years ago
10

A friend asks to borrow $250 for 18 months and pays 12% annual simple interest how much interest will you earn

Mathematics
1 answer:
Rzqust [24]3 years ago
7 0

Answer: $45

Step-by-step explanation:

Simple interest is calculated as Principal x Rate x Time/100

From the information given,

Principal = $250

Rate = 12% = 12/100 = 0.12

Time = 18 months; because time is given in months, we divide by 12; time is therefore stated as 18/12.

Step 2: Plug the values into the formula:

Simple interest = 250 x 0.12 x 18/12

= $45

You might be interested in
Find the value of C<br>​
Maurinko [17]

Answer:

61

Step-by-step explanation:

8 0
3 years ago
Can someone tell me the answer to this question
pshichka [43]
A can be the correct option
hoping it is right
7 0
2 years ago
What is the center and radius of this? BEST ANSWER GETS BRANLIEST!!<br><br> thank you sm!
evablogger [386]

Answer:

dwgsfa

Step-by-step explanation:

3 0
3 years ago
Algorithms 32.5° + 16°=
Nady [450]
32.5* +16* =48.5*


Hopes it's help
7 0
3 years ago
What is the solution to this
sergeinik [125]

Answer:

D.) 8x^2+11x-9

Step-by-step explanation:

5x^2 -(-3x^2) =8x^2

7x -(-4x) =11x

-4 -5 =-9

Hope it helps

4 0
3 years ago
Other questions:
  • Please help If you want you can show work.
    6·1 answer
  • an organic farm uses 3/7 of the land to grow potatoes and two fifths of the land to grow spinach the remaining land is used to g
    5·1 answer
  • Help please see the pictures
    5·1 answer
  • Who gon help me wit math
    13·1 answer
  • Which of the following is the graph of f(x) = x^2? Click on the graph until the correct graph appears.
    7·1 answer
  • The poll found that 38% of a random sample of 1012 American adults said they believe in ghosts. What is the lower bound for a 90
    6·1 answer
  • At the grocery store you brought 3/4 of a pound of red grapes and 7/12 of pound of green grapes
    12·2 answers
  • In how many days could 20 boys do a peice of work which 25 boys can do in 32 days ?​
    6·1 answer
  • Which is the graph of f(x)=1/2x? Edg
    15·1 answer
  • A health club charges a one-time sign-up fee and a monthly membership fee. The equation y=30x+40 represents what the health club
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!