4 years ago

Find the simple interest on a 340% loan at a 7% annual interest rate for 3 years

Mathematics

1 answer:

fomenos4 years ago

6 0

Answer: $71.4

Step-by-step explanation:

Formular for Simple interest (I)

= Principal x Rate x Time

From the question, Given that p = 340

Rate = 7% = 7/ 100

Time = 3 years

Slot the values into the formula, then multiply to find Interest.

I = 340 × 0.07 x 3

=$71.4

I hope this is clear

You might be interested in

Select all the equations that have x=4 as the solution *

nirvana33 [79]

Answer:

A B D

Step-by-step explanation:

A 38+4=42

B 4+15=19

C 18= 20-2

D 32= 36-4

E 52-6=46

5 0

3 years ago

If a function f has an inverse function, then fis one-to-one.<br> A) True<br> B) False

Len [333]

Answer:

true

Step-by-step explanation:

4 0

3 years ago

A restaurant manager states the number of customers that enter the restaurant is equal to 3 times the number of people that buy

DENIUS [597]

Answer: true

Step-by-step explanation: The number of people would be 45

8 0

3 years ago

X+y= 1......... 4x+y = -23 <br> What's x and y

Temka [501]

X + y = 1.....multiply by -1
4x + y = -23
---------------
-x - y = -1 (result of multiplying by -1)
4x + y = -23
---------------add
3x = - 24
x = -24/3
x = -8 <====

x + y = 1
-8 + y = 1
y = 1 + 8
y = 9 <====

5 0

3 years ago

Read 2 more answers

Name all pairs of vertical,supplementary,and adjacent angles in this picture

Igoryamba

Vertical: p and r; s and q
Supplementary: p and s; p and q; q and r; r and s
Adjacent: same as supplementary

4 0

3 years ago