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
Viktor [21]
3 years ago
12

a bank offers a home improvement loan with simple interest at an annual rate of 12% j.t. borrow $14000 over a period of 3 years

how much will he pay back altogather
Mathematics
1 answer:
marishachu [46]3 years ago
3 0
Simple interest means you just multiply the total times the interest amount

14000*.12 = $1680
Since it is annual interest and it is 3 years of payments we have to multiply the interest by 3

$1680*3 = $5040

Add the total interest to the starting sum for your answer:

$14,000 + $5040 = $19,040 total paid back
You might be interested in
how do I find the area of a shaded region and the non shaded region inside the non shaded region???????
mixer [17]
There's no diagram here so I can't be specific, but I've attached an image.

7 0
3 years ago
Adam uses coconut milk for the dessert.
elena-14-01-66 [18.8K]
Do you mean 3.14 for pi or just 3?

5 0
3 years ago
Help!!!
DochEvi [55]
I think it’s b so yea
6 0
2 years ago
A map has a scale of 1 in: 10 mi. On the map, the distance between two cities is 5 inches. What is the actual distance between t
Schach [20]
50 miles since 1 inch equals 10 miles and there's 5 inches that means 5x10=50
4 0
3 years ago
Find the slope of the line that goes through each pair of points. (-1,7) and (5,7)
Georgia [21]

Answer:

0

Step-by-step explanation:

m=(y2-y1)/(x2-x1)

m=(7-7)/(5-(-1))

m=0/(5+1)

m=0/6

m=0

5 0
3 years ago
Other questions:
  • Who sets the price in a monopolistic competition
    10·2 answers
  • A pair of corresponding side of two similar pentagons have length of 12cm and 28cm
    7·1 answer
  • Apiece of paper wieghts 0;647gram what is the wieght of the paper to the nearest tenth of a gram
    12·2 answers
  • Pedro invests £800 in a bank account that pays 3% simple interest per year. How much money will he have in his account after 3 y
    15·1 answer
  • What are the solutions to 2x - y = 16 and 8y = 4(4x - 32)
    9·1 answer
  • Please help me answer my questions...
    6·2 answers
  • Whats 4+Z?????????????????????????????????
    13·1 answer
  • A total of 712 tickets were sold for the school play. They were either adult tickets or student tickets. There were 62 more stud
    6·1 answer
  • Ronisha invests $5000 in an account that earns 2.3% annual simple interest. After 3 years, Ronisha invests the interest earned i
    15·1 answer
  • Help me please<br><br> Solve the inequality s:<br><br> 5s+2&gt;7
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!