3 years ago

I am struggle of answering this question

Mathematics

1 answer:

trapecia [35]3 years ago

7 0

2 years = 24 months.

96 per month x 24 months = 2,304 total amount paid back.

2304 - 2000 = 304 amount of interest.

304 / 2000 = 0.152

0.152 x 100 = 15.2%

This can be rounded to the closest percent, which would be 15% so she is correct.

You might be interested in

Estimate the quotient of 1246 divided by 4

VladimirAG [237]

Answer:

623/2

Step-by-step explanation:

5 0

3 years ago

Read 2 more answers

Logan took out $23,400 in student loans to attend college at a compound interest rate of 5%. He deferred payments for two years.

blagie [28]

Answer:

$25,740

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 5%/100 = 0.05 per year,

then, solving our equation

I = 23400 × 0.05 × 2 = 2340

I = $ 2,340.00

The simple interest accumulated

on a principal of $ 23,400.00

at a rate of 5% per year

for 2 years is $ 2,340.00.

8 0

3 years ago

arts and crafts shop has a bolt of crimson velvet 32 M long a customer came in during the morning and bought 120cm of the velvet

deff fn [24]

Answer:

2760

Step-by-step explanation:

I really don't know I just did 32x120

6 0

4 years ago

PLEASE HURRY! What is the value of x in this triangle? The triangle is labeled 5, 20 & x

a_sh-v [17]

Answer:

$x = 14.04$ °

Step-by-step explanation:

$\text{tan(x) = Opposite / Adjacent}\\tan(x) = 5/20\\tan(x) = 0.25\\x = 14.04$

3 0

2 years ago

Triangle ABC is a right triangle.

BabaBlast [244]

U can use the second last one

X + 90 = 2x + 40

6 0

4 years ago

Read 2 more answers