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inna [77]
3 years ago
9

Zoe takes out a discounted loan for $1,200 at a simple interest rate of 6%, but only receives $1,020 into her bank account. What

's the duration of the loan? Give your answer in months to the nearest month.
Business
1 answer:
I am Lyosha [343]3 years ago
3 0

Answer:  35 months

Explanation:

Interest to be paid = 1,200 - 1,020

= $180

This means that;

180 = 1,020 * 0.06 * t

61.2t = 180

t = 2.94 years

In months

= 2.94 * 12

= 35.28

= 35 months

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Answer:

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Explanation:

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One of the downsides of sole proprietorship is the fact that the owner takes all the risk of the business. In other words, if the business suffers or fails, it is the sole proprietor that would be affected because he/she is the only person in charge of the business.

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A candy company has 115 pounds of cashews and 140 pounds of peanuts which they combine into two different mixes. The deluxe mix
LekaFEV [45]

Answer:

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Explanation:

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In 1 or 2 sentences, define an externality and explain how the government makes companies take responsibility for negative exter
tamaranim1 [39]

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The monetary base is equal to
ss7ja [257]

Answer:

The correct answer is option A.

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sveta [45]
Your answer would be they offer Higher interest rates.
5 0
2 years ago
Read 2 more answers
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