To go on a summer trip Manuel borrows $200. He makes no payments until the end of 4 years, when he pays off the entire loan. The
lender charges simple interest at an annual rate 5%
1 answer:
Answer:
A)40
B)240
Step-by-step explanation:
5% of 200 is 10
10*4 year=$40 interest
200+40=240 which is total
Im pretty sure
You might be interested in
<span>C side EF=18 cm; side GH = 30 ; height = 6 cm </span>
Answer:
Yes!
Step-by-step explanation:
Yes, because 2>1.
Answer:
A
Step-by-step explanation:
Convert 20% to a decimal, = 0.20. Multiply that times 36.25
36.25 x 0.20 = 7.25
The tip was $7.25
Answer:
6
Step-by-step explanation:
i think this is correct answer
