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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Check the picture below.

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Please try to give me the answers

gladu [14]

Answer:

a = 1, b = 2, c = 3

Step-by-step explanation:

$a + \frac{1}{b + \frac{1}{c} } = \frac{10}{7} \\ \\ a + \frac{1}{b + \frac{1}{c} } = 1 + \frac{3}{7} \\ \\ a + \frac{1}{b + \frac{1}{c} } = 1 + \frac{1}{\frac{7}{3} } \\ \\ a + \frac{1}{b + \frac{1}{c} } = 1 + \frac{1}{2 + \frac{1}{3} } \\ \\ equating \: like \: terms \: on \: both \: sides \\ \\ a = 1 \\ \\ b = 2 \\ \\ c = 3$

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