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JulijaS [17]
3 years ago
6

Dave has a three–year college loan for $10,000. The lender charges a simple interest rate of 6 percent. How much interest will h

e have to pay?
Mathematics
2 answers:
Sonbull [250]3 years ago
7 0
I= 10000*3*0.06 I=1800 is the answer 
Taya2010 [7]3 years ago
6 0

Answer:

$1800

Step-by-step explanation:

Using the formula for simple interest:

A=P(1+rt)

Where:

A = Total Accrued Amount (principal + interest)

P = Principal Amount

r = Rate of Interest per year in decimal

t = Time in years

Substituting the values:

A=10000(1+0.06(3))

A=11800

A is the total accrued amount, which means to find the interest paid over the three years, subtract the principal amount. So the interest is 11800-10000=1800

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Answer:

Step-by-step explanation:

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He is saving his earning to go for ski and it cost $190

For him to save $190, let know the hours he is going to work

He earns $8/hour and need $190,

Then he is going to work for

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At least, he needs to work for 24hours and since the 24hours is in a day then, Becca his wrong, he doesn't need extra to work extra 6hours.

We are not told if he need to buy something or do something else we are only told he needs $190 for the trip

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3 years ago
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Step-by-step explanation:

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Step-by-step explanation:

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