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strojnjashka [21]
3 years ago
15

Joe borrowed $2,000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in 8 years?

Mathematics
2 answers:
Artist 52 [7]3 years ago
7 0

Answer:

$1120

Step-by-step explanation:

Please let me know if you want me to add an explanation as to why this is the answer. I can definitely do that, I just don’t want to waste my time in case you don’t want me to :)

storchak [24]3 years ago
6 0

Answer:

Do 2000 x 8

Step-by-step explanation:

16,0000

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Hello there!

First, we need to put our data set into proper numerical order (least to greatest).

Set: , 1,2,2,4,4,5,6,7,8,9,11

Now, to find the mean, we need to add them all up.

1 + 2 + 2 + 4 + 4 + 5 + 6 + 7 + 8 + 9 + 11 = 59

Then, divide it by how many numbers there are : 12

59 divided by 12 = 4.9166667

Round it to the nearest tenth.

4.9166667 = 4.9

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