3 years ago

If you borrow $675 for six years at an interest rate of 10%, how much interest will you pay?

1 answer:

4 0

The formula for simple interest is
I = Pnr

I = interest
P = principle amount = $675
n = number of years = 6
r = rate of interest = 1% = 0.01

So, I = 675*6*0.1 = 405

so your Interest will be $405 after 6 years.

You might be interested in

At the frozen yogurt shop, a machine fills cups with 4 ounces of frozen yogurt before adding the toppings. After the cups are fi

Alenkinab [10]

The yogurt can weigh anything above or equal to 4 ounces and less or equal to 6 ounces.

4 0

3 years ago

Sylvie finds the solution to the system of equations by graphing.

Rina8888 [55]

Answer:

The third graph is your answer.

Step-by-step explanation:

I included a graph below with the correct graphing.

7 0

3 years ago

find the size of each sample needed to estimate the difference between the proportions of boys and girls under 10 years old who

Alex Ar [27]

Answer:

sample

Step-by-step explanation:

6 0

3 years ago

The standard deviation is used in conjunction with the ▼ to numerically describe distributions that are bell shaped. The ▼ varia

crimeas [40]

Solution: The standard deviation is used in conjunction with the mean to numerically describe distributions that are bell shaped. The mean measures the center of the distribution, while the standard deviation measures the spread of the distribution.

In normal distribution (bell shaped distribution) , the mean and standard deviation are used to describe its distribution. The mean measures the center of the distribution, while the standard deviation takes care of the spread of the distribution.

The mean of the normal distribution is $\mu$ and the standard deviation is $\sigma$