All categories

2 years ago

How many simple interest accrues on a $5,000 loan at 8% for 18 months?

Mathematics

1 answer:

katen-ka-za [31]2 years ago

5 0

Answer:

$600

Step-by-step explanation:

A = P(1 + rt)

P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods.

A= 5,000(1+ 0.08x1.5) = $5600

You might be interested in

you lose 5 points for every wrong answer in trivia game. what interger reprsents the change in your points after answering 8 poi

inessss [21]

-40 points would be the integer

8 0

3 years ago

Type the correct answer in each box. Use numerals instead of words.

lora16 [44]

Answer:

the answer is -4x^2-3x-5

8 0

2 years ago

Write the following expression as the product of a repeated variable. X^5

klemol [59]

Answer:

Step-by-step explanation:

6 0

2 years ago

Find the Volume. Plz Help

koban [17]

Answer:

Step-by-step explanation:

$V = \frac{l*w*h}{2} = \frac{18*12*9}{2} = \frac{1944}{2} = 972$

3 0

2 years ago

Read 2 more answers

Mrs. Johnson put 22,250 miles

Viefleur [7K]

The change in quantities can be represented as percentage

<em>The percentage decrease in miles driven is 34.83%</em>

The given parameters are:

$\mathbf{Initial = 22250}$

$\mathbf{Final = 14500}$

The percentage decrease is calculated as:

$\mathbf{\%Decrease = \frac{Final - Initial}{Initial} \times 100\%}$

Substitute known values

$\mathbf{\%Decrease = \frac{14500- 22250}{22250} \times 100\%}$

$\mathbf{\%Decrease = \frac{-7750}{22250} \times 100\%}$

$\mathbf{\%Decrease = \frac{-775000}{22250} \%}$

$\mathbf{\%Decrease = -34.83 \%}$

The negative sign implies that, the change represents a decrement.

Hence, the percentage decrease in miles driven is 34.83%

Read more about percentage change at:

brainly.com/question/14801224

7 0

2 years ago