Answer:
Step-by-step explanation:
7 + 3 + 5 + 15 = 30
Answer:
you subtract 7 from both sides
Step-by-step explanation:
Given that loan amount P=20000
Interest rate r=5% = 0.05
Time of loan t=4 years
Now to find the interest amount we just plug those values into formula
simple interest = P × r × t
simple interest = 20000* 0.05* 4
simple interest = 1000 * 4
simple interest = 4000
Hence final answer is choice b. $4000.
Answer:
$12.60
Step-by-step explanation:
12x.05 = .6 then .6+12 is 12.6
sorry if this is wrong lol
Answer:
45%
Step-by-step explanation: