Answer:
So you take 6.4% and multiple it by $3,000 and add it each year :D, the final answer should be 58,000$
Step-by-step explanation:
I did the math you are welcome for the answer
Answer: 3 cofficients are there ( 5, 2, and 6).
Answer:
89 green marbles and 46 blue marbles
Step-by-step explanation:
1/10 of 700 would be 700 would be 70 because 70 x 10 = 100 hope this helped
The simple interest accrued is = $750
<h3>Calculation of simple interest</h3>
The principal amount of the loan = $7500
The rate at which the interest is paid is = 2.5%
The time that it will take to pay the interest = 4 years
Using the formula for Simple interest;
SI= P×T×R/100
SI = 7500×4 × 2.5/100
SI= 75000/100
SI=$750
Therefore, the interest accrued on a $7500 loan with a 2.5% interest rate over 4 years is = $750
Learn more about simple interest here:
brainly.com/question/20690803
#SPJ1
