frootloops12397 frootloops12397
  • 18-11-2020
  • Mathematics
contestada

What is the annual interest on a 5,000 loan with a simple interest rate of 6%

Respuesta :

TheyNoticeZyan
TheyNoticeZyan TheyNoticeZyan
  • 18-11-2020

Answer:$50.00

Step-by-step explanation:Each monthly interest is $4.17 so you muiltiply is by 12 and get $50.00 annually

Answer Link

Otras preguntas

what was the major events that led the British to defeat
Which of the objects is living or nonliving: Bacteria, virus, moss, you, a lemon seed, the air, bread, lettuce and rocks?
Who was the boy who  became king at the age of 9?
Modern Western ideas about freedom, the value of the individual, forms of government, and systems of law came from __________.
Who was the boy who  became king at the age of 9?
Find the circumference of the circle 30m. use 3.14 for n
how can paleontologists help us understand the past
Modern Western ideas about freedom, the value of the individual, forms of government, and systems of law came from __________.
why did foreign powers treat the US government under the Articles of Confederation with scorn?
what are three important types of forces