1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vekshin1
3 years ago
5

If the person borrowed $3000 for 3 years at a rate of 2%, how much interest will they owe for the loan

Mathematics
1 answer:
krek1111 [17]3 years ago
3 0

In this case were going to solve the question using "simple interst", so since were looking for the interest it will be I= PxRxT (I stands for "interest", P stands for "principal", R stands for "rate" and T stands for "time")

so P is $3000

R is 2%

and T is 3 years

so we'll have to turn our rate into a decimal which is 2% = .02

now to start the problem:

I= (3000)(.02)(3)       (means 3000 x .02 x 3)

I= $180  is your answer


You might be interested in
What is the answer for B and how did you get it ?
Orlov [11]
The length of side b is 52 because using the Pythagorean theorem we know that a² + b² = c². When we plug in the known values we would get 1521 + b² = 4225, and when we subtract 1521 from both sides we would get b = 52.
7 0
3 years ago
Read 2 more answers
GCF of 28,42,and 56.<br><br> Please show work
natta225 [31]
<h2>Answer:  14</h2>

Step-by-step explanation:

If we factorize the numbers, we may be able to surmise the GCF:

28 = 2 × 2 × 7

42 = 2 × 3 × 7

56 = 2 × 2 × 2 × 7

∴ the GCF is 2 × 7 = 14

4 0
3 years ago
Select is a subset of or is not a subset of for the blank so that the resulting statement is true.
Andre45 [30]

Answer:

Step-by-step explanation:

Subset(1,3,5) because it is found in another set.

not subset(2,4,6,7,8,9,10) they are not found in the other set.

6 0
3 years ago
A square is inscribed in a circle. If the area of the square is 9 in2, what is the ratio of the circumference of the circle to t
IgorC [24]

The ratio of the circumference of the circle to the perimeter of the square is \pi \sqrt{2}:4

<em><u>Explanation</u></em>

Area of the square = 9 inch²

If the side length of the square is a, then

a^2 = 9 \\ \\ a= \sqrt{9} =3

So the side length of the square is 3 inch.

Now as the square is inscribed in a circle, so the diagonal of the square will be diameter of the circle.

Length of the diagonal of square = a\sqrt{2} = 3\sqrt{2} inch

So, the diameter of the circle = 3\sqrt{2} inch

If the radius of the circle is r, then

2r = 3\sqrt{2} \\ \\ r= \frac{3\sqrt{2}}{2}

Circumference of the circle, 2\pi r= 2\pi *\frac{3\sqrt{2}}{2}= 3\pi \sqrt{2} inch

and Perimeter of the square, 4a = (4*3)inch= 12 inch

So, the ratio will be: 3\pi \sqrt{2} : 12 = \pi \sqrt{2} : 4

8 0
3 years ago
Read 2 more answers
Time Warner Cable has a $50 setup fee and costs $30 per month for internet. Verizon Fios has no setup fee and costs $40 per mont
Lemur [1.5K]
It would prolly be 60
4 0
3 years ago
Other questions:
  • 72,500/2=?<br> 72,500/4=?<br> 72,500/6=?<br> Add all.<br> =?
    15·2 answers
  • On Saturday, mason biked 1.5 hours at a speed of 11.9 miles per hour. on Sunday, he biked 3.2 hours at a speed of 14.8 miles per
    14·1 answer
  • 20 points brainlist thanks
    13·2 answers
  • Two boxes are similar, the length of the side of the small box is 4cm, the length of the side of the big box is 16cm. The volume
    12·1 answer
  • This Assignment will be used as a QUIZ GRADE!
    7·2 answers
  • ASP PLZ
    13·2 answers
  • Pls help this is due today! Find the value of x, then the value of each angle:
    14·2 answers
  • Kelly has $100 she received for her birthday She saves $10 each week from doing chores Which function can be used to find t the
    12·1 answer
  • Permutations and, combinations: problem type 2.
    6·1 answer
  • Consider that x = 1.5 and y = 3. Which statement is true about x + y?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!