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
timurjin [86]
3 years ago
7

What is the interest you will pay if you borrowed $120 at 5% interest for 6 years?

Mathematics
2 answers:
kobusy [5.1K]3 years ago
6 0

Answer:

Hope this helps!

Step-by-step explanation:

We will need the loan payment formula:

That formula is really complex and we expect you to solve it.

Your monthly payment would be $1.93 per month for 6 years making the TOTAL loan cost 1.93 * 12 * 6 = 138.96

Since the principal you borrowed is $120 the total interest =

(138.96 minus 120.00) which equals $18.96

hichkok12 [17]3 years ago
6 0

Answer:

The answer is 36

Step-by-step explanation:

120*0.05=6

6.6=36

You might be interested in
What is the surface area of a sphere with a radius of 6 m rounded to the nearest square meter?
muminat

Answer: 452.39m²

Step-by-step explanation:A=4πr2=4·π·62≈452.39m²

7 0
3 years ago
5²+3³.2³/4³=?<br><br> Thanks...
solong [7]
5^{2} =25 \\  3^{3} =27 \\  2^{3} =8 \\  4^{3} =64 \\  \\ 27.8=216 \\ 216+25=241 \\  \\  \frac{241}{64} =3,76 \\  \\\framebox[1.1\width]{Good Luck!} \par
4 0
3 years ago
Read 2 more answers
at a school 111 students play at least one sport this is 30% of the students at the school how many students are at the school​
mixas84 [53]

Mark as Branliest if you like the answer and want to be ansewered frequently within no time

3 0
3 years ago
Please help with this
Murljashka [212]

Answer:

i think its b

Step-by-step explanation:

5 0
3 years ago
HELPP it’s angles of a triangle much appreciated !
bulgar [2K]

Answer:

The coastline of alaska is longer than the entire coastline of the lower forty-eight states

3 0
2 years ago
Other questions:
  • I need help can someone help me
    14·1 answer
  • PLEASE HELP!!!!!!!!!!<br> what’s the RANGE of <br> y = x^2 -3x -4
    9·1 answer
  • How many cups of sugar is needed for 5 gallons
    10·1 answer
  • Marcus is putting a rectangular fence around his garden to keep the animals from stealing his vegetables. The perimeter of the r
    6·1 answer
  • Complete Ratio table
    6·2 answers
  • BRAINLIST HELP PLEASE
    13·1 answer
  • A 10-foot ladder is leaning against a wall. The bottom of the ladder is 4 feet from the wall as shown in the picture.
    12·2 answers
  • The solution to 3.2x = 11.52 is x =
    9·2 answers
  • the centre of circle having radius 3 Units lies in the third quadrant if the circle touches the x axis at (-4,0) then find the e
    5·1 answer
  • Describe how the figure at the right<br> shows that 36 +27= 9 X (4 + 3).
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!