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astra-53 [7]
3 years ago
11

You should always read the fine print before signing a contract.

Business
2 answers:
Bess [88]3 years ago
6 0
I would say yes, because a person would want to know fully what they are getting into.  
pshichka [43]3 years ago
6 0

The answer to your question is yes or true

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On a loan of $32,000 at 7% interest for 6 months, how much do you wind up paying to pay off the loan?.
RideAnS [48]

The amount to be paid at the end of the loan period will be $33,120. The rate of interest on the loan is given as per annum and hence the interest is to be calculated for 6 months.

<h3>Calculation of settlement amount of loan:</h3>

Given:

\rm Principal &= \$32,000\\\\Rate &= 7\%\:per\:annum\\\\Tenure = 6\:months

Interest is calculated from the following formula:

\rm Interest = Principal\times Rate \times Tenure

Hence the interest for the loan will be:

\begin{aligned}\rm Interest &= \$32,000\times 7\% \times 6\: months\\\\&= 32,000 \times \dfrac{7}{100}\times \dfrac{6}{12}\\\\&= \$1,120\end

The final payment for the loan will be the combination of principal and interest.

Therefore final payment = $32,000 +$1,120

                                        = $33,120

Learn more about the topic here:

brainly.com/question/2284847

8 0
2 years ago
a and b working day 12, B and C working day 16, C and A Working day 24 ,so c how many days work completed for the days
Mila [183]

Answer:

C will take 96 days alone to do the work.

Explanation:

given,

A and B work for 12 days...................(1)

B and C work for 16 days...................(2)

C and A work for  24 days...................(3)

Adding equation (1) and (2)

A + 2 B + C = \dfrac{1}{12}+\dfrac{1}{16}\\2 B + \dfrac{1}{24}=\dfrac{1}{12}+\dfrac{1}{16}\\2B =\dfrac{1}{12}+\dfrac{1}{16}-\dfrac{1}{24}\\B=\dfrac{5}{96}

from equation (2)

B+C = \dfrac{1}{16}\\\dfrac{5}{96}+C = \dfrac{1}{16}\\C=\dfrac{1}{16}-\dfrac{5}{96}\\C=\dfrac{1}{96}

hence, C will take 96 days alone to do the work.

4 0
4 years ago
What are the benefits of hiring a teenage worker?
stealth61 [152]
Seen as it may be 1 of there first jobs you can pay them less because they don't have as much experience as someone has has worked in the job for years
3 0
3 years ago
Read 2 more answers
Real per capita GDP in Taiwan in 1961 was about $500, but it doubled to about $1000.00 by 1981. a. What was the average annual e
aliya0001 [1]

Answer:

the average annual economic growth rate in Taiwan from 1961 to 1981 was 41.42%

Explanation:

Hi, we need to use the following formula.

FV=PV(1+r)^{t}

Where:

FV = GDP in 1981 ($1,000)

PV = GDP in 1961 ($500)

r = growth rate

t = years from 1981 to 1961 (20 years)

So, it should look like this:

1,000=500(1+r)^{20}

Now, we solve for "r"

\frac{1,000}{500} =(1+r)^{20}

2=(1+r)^{20}

\sqrt[20]{2} -1=r

r=0.4142

So, the growth rate of Taiwan´s GDP is 41.42%

Best of luck.

5 0
3 years ago
If you were in charge of developing a tax system for a country, how would you structure taxes? For example, who should pay the g
Katena32 [7]
Weathy use tax money for health care


tathy
3 0
4 years ago
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