3 years ago

If you borrow $2400 for four years at an annual interest rate for 6% how much will you pay all together

Mathematics

1 answer:

pishuonlain [190]3 years ago

3 0

Answer:

$3029.94

Step-by-step explanation:

We can use the simple interest rate (appreciation) equation: A = P(1 + r)^t

Simply plug in our variables to find our answer:

A = 2400(1 + 0.06)^4

And we should get 3029.94 as our answer!

You might be interested in

Find the original price of a pair of shoes if the sale price is $22.00 after a 50% discount

Alik [6]

$44. 22*2=44, and 44/2=22.

3 0

3 years ago

Solve the equation using the distributive property and properties of equality. Negative 5 (a + 3) = negative 55 What is the valu

ivann1987 [24]

Answer:

negative 14

Step-by-step explanation:

took the on edge

8 0

2 years ago

Read 2 more answers

What is 77/8 in simplest form

julsineya [31]

Find a common multiplier then divide ex. 21/27 = 7/9

3 0

3 years ago

Which of the following are in the correct order from least to greatest?

Cloud [144]

The first option because turn them all into degrees and it says:
54, 60, 90, 120, 255

7 0

2 years ago

Read 2 more answers

Write a proportion for 56% of a number is 244

Misha Larkins [42]

$\frac{56}{100} = \frac{244}{x}$ So, You cross multiply and get 56x=244(100). Simplify and you get 56x=24400. Divide each side by 56 and you get 435.71. 56% of about 435.71 is 244.

6 0

3 years ago