Keisa borrowed $400 at a simple interest rate of 3% per year. How much interest will she owe in 18 months?
2 answers:
Answer:
simple interest calculator, simple interest formula, what is simple interest, ... financing will cost you or how much you can earn on an investment. ... Annual Interest Rate ... you must repay not only the amount you borrowed – the principal ... Calculate simple interest (I) by multiplying the principal (p) by the rate
Step-by-step explanation:
Answer:
$18
Step-by-step explanation:
convert 18 months to year ( s ) and use the simple interest formula
interest = p r i n c i p a l <em>x</em>r a t e <em>x</em> t i m e
<u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u> </u> <u>1</u> <u>0</u> <u>0</u>
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The answer is 65.9 because the place right after the decimal is the tenths place
Answer:
$637.50
Step-by-step explanation:
P = $3000
t= 5years
r = 4.25% per annum
Interest = (p×r×t)/100
= (3000×4.25×5)/100
= $637.50
Answer:
The area is 63a
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Step-by-step explanation:
Debt is negative dollars, which means she owes at least 25 dollars to the department store
Answer:
1/10
Step-by-step explanation:
1/2 * 1/5
Multiply the numerators
1*1 = 1
Multiply the denominators
2*5 =10
Numerator over denominator
1/10
