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Lady bird [3.3K]
3 years ago
9

Thang decided to borrow $2000 from his local bank to help pay for a car. His loan was for 3 years at a simple intrest rat it 5%.

How much interest will Thang pay?
Mathematics
1 answer:
irakobra [83]3 years ago
3 0

Answer:Thang will pay $300 as interest

Step-by-step explanation:

We would apply the formula for determining simple interest which is expressed as

I = PRT/100

Where

P represents the principal

R represents interest rate

T represents time in years

I = interest after t years

From the information given

T = 3 years

P = $2000

R = 5%

Therefore

I = (2000 × 5 × 3)/100

I = 30000/100

I = $300

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A crewman on a fishing boat was injured and needs to be treated in a hospital right away. You are with a Coast Guard station nea
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The helicopter has to leave at 1:30 pm to meet the boat after 2 hours at the meeting point.

<h3>What is Speed ?</h3>

Speed is the distance covered by an object in a given amount of time.

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According to the data in the question

If the boat goes to the station ,

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boat needs to reach the meeting point 300 miles away from the station.

which is 100 miles from where it is now

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the boat will need 10 hours to go to the meeting point.

To meet the boat , which will take 10 hours the helicopter must start flying after 8 hours as it will also take 2 hrs

So 8 hours from 5:30 am will be 1:30 pm

The helicopter has to leave at 1:30 pm to meet the boat after 2 hours at the meeting point.

To know more about Speed

brainly.com/question/7359669

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