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
Vikki [24]
3 years ago
11

Your bank offers to lend you $114,400 at an 8.5% annual interest rate to start your new business. The terms require you to amort

ize the loan with 10 equal end-of-year payments. How much interest would you be paying in Year 2?
Computers and Technology
1 answer:
wlad13 [49]3 years ago
3 0

Answer: The amount of interest to be paid is $972

Explanation: This is gotten by firstly getting the amount of money to return per year without the interest which is $114400/10(years)= 11440

11440 is to be paid per year without interest. To get amount of interest is $11440*8.5/100 = $972 this is the amount of interest to be paid per year including in year 2.

Therefore, total amount of money together with interest to be paid each year and in year 2 = $11440+$972=12412.

You might be interested in
What is communication barriers?​
SSSSS [86.1K]

Answer:

A communication barrier is anything that prevents us from receiving and understanding the messages others use to convey their information, ideas and thoughts.They can interfere with or block the message you are trying to send.

7 0
3 years ago
Read 2 more answers
Which network component connects a device with the transmission media and allows it to send?
yanalaym [24]
The wireless network I believe
5 0
3 years ago
Azzam is reviewing a paper he just wrote about kinetic friction for his physics class. On the third page, he realizes that every
bogdanovich [222]

Answer: Azzam used the tool while he was on the third page

Explanation:

The most likely the reason why the phrase was not fixed is because Azzam used the tool while he was on the third page.

This can be infered from the information given when we're told that he uses the Find and Replace tool and clicks on "Replace All" to fix the issue with regards to the error that he made and thus was done from the third page. Therefore, the tool might not have worked for the first page.

4 0
3 years ago
3. Wi-fi connections have limited range of :
Tamiku [17]

Answer: D) 300 metres would be my choice because our wifi can only go that far outdoors, inside wifi can only travel up to 150 metres.

Explanation: Hope this helps! Have a wonderful day!

Don’t forget to thanks & Brainliest is always appreciated!

3 0
3 years ago
How do I convert years to days on Python. For example, if I were to enter 3 years it should output "You are 1095 days old".
Scorpion4ik [409]

years = int(input("Enter the # of years: "))

print("You are "+str(years*365)+" days old")

I wrote the code in python 3.8. I hope this helps!

6 0
3 years ago
Other questions:
  • Brianna is a multimedia specialist who works for a large fast food chain. What task
    12·1 answer
  • The purpose of the trusted platform module is:
    15·2 answers
  • You can precede a subquery with the ___ operator to create a conditiion that is true if one or more rows are obstained when the
    10·1 answer
  • What is the boundary folding method?
    5·1 answer
  • Dzięńdobry kto ogarnia komędy w minicraft bardzo dobrze i by mi pomógł w stworzeniu serwera [dostanie w zamian range właścieciel
    5·1 answer
  • What is the computer that is similar to a destop but smaller in size
    8·1 answer
  • In the code snippet, what is the “win” part called in programming?
    12·1 answer
  • Give 5 comparisons of the three employees with the highest net pay
    5·2 answers
  • When the user types into a Textbox control, the text is stored in the control's __________ property.
    6·1 answer
  • What type of an attack is being executed if an attacker substituted an invalid mac address for the network gateway so no users c
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!