3 years ago

Question 2 of 10

1 answer:

8 0

The answer is C because the United States had a huge military response to the Taliban flying planes into the twin towers or 9/11

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Step-by-step explanation:

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Judy Clark went to Reel Bank. She borrowed $7,800 at a rate of 6 1/2%. The date of the loan was September 2. Judy hoped to repay

abruzzese [7]

Answer:

$7995.85

Step-by-step explanation:

We will use simple interest formula to solve our given problem.

$A=P(1+rt)$ , where,

A = Amount after t years,

P = Principal amount,

r = Annual interest rate in decimal form,

t = Time in years.

$r=6.5\%=\frac{6.5}{100}=0.065$

$t=\text{141 days}=\frac{141}{365}\text{ year}$

$A=\$78001+0.065\times \frac{141}{365})$

$A=\$7800(1+0.065\times 0.38630136986)$

$A=\$7800(1+0.025109589041)$

$A=\$7800(1.025109589041)$

$A=\$7995.85479$

$A\approx \$7995.85$

Therefore, Judy will will pay back on January 20: <u>$7995.85</u>.

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3 years ago