Given that loan amount P=20000
Interest rate r=5% = 0.05
Time of loan t=4 years
Now to find the interest amount we just plug those values into formula
simple interest = P × r × t
simple interest = 20000* 0.05* 4
simple interest = 1000 * 4
simple interest = 4000
Hence final answer is choice b. $4000.
Answer:
A. 120 in.
Step-by-step explanation:
Just multiply the two numbers.
Answer:
the third one
Step-by-step explanation:
X^2+ox-36=(x-6)(x+6)
x^2+0x-36=0
1.20x = 50
x = 50 / 1.20
x = 41.67 <== before tax