Lashonda wants to buy a new boat but needs money for the down payment. Her parents agree to lend her money at an annual rate of
3% CHarged as simple interest. They lend her $6000 for 4 years. She makes no payments except the one at the end of that time.
1 answer:
Answer: $6, 720
Step-by-step explanation:
Formular for simple interest =P×R×T
where;
P= 6000
R= 3% = 0.03
T= 4 years
$6000 × 0.03 × 4
= $720
The total amount to be paid back at the end of time will be
$6,000 + $720
=$6, 720
I hope this helps
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The answer is 3n because the 3 is the coefficient
Answer:
<h3>Part A</h3>
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<h3>Part B</h3>
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Step-by-step explanation