marshdai000 marshdai000

09-01-2019
Mathematics

contestada

Find the total amount owed after 6 months on a loan of $900 at an annual simple interest rate of 8.5%

Respuesta :

09-01-2019

Answer:

The answer would be $38.25

Step-by-step explanation:

I=PrT, where P is the principle amount, r is the interest, and t is the time in years. There for it would be, I=900*0.085*0.5 (0.5 because 6 months is half of a year)

Hope this helps!

Answer Link

Otras preguntas

Help asap----------------------

I need help! Pls can someone help ASAP!

A person walks 8 m/s towards the north. Is this an example of speed or velocity? Explain your answer.

MARKING BRAINLEST HELP The process of amending the Constitution is an example of federalism because it requires: approval of two-thirds of the Congress approval

There is a zero coupon bond that sells for $4,550.90 and has a par value of $10,000. If the bond has 18 years to maturity, what is the yield to maturity'? Assum

identify two rights defined or described in the declaration of rights of a child. will mark brainliest :)

Choose the correct value for the linear correlation between latitude and August precipitation from: (i) r= -1, (ii) r=-0.700, (iii) r=-0.161 or (iv) r=-0.538

How many senators are there today and why?

how are metals and nonmetals similar

ASAPWILL MARK AS BRAINLIEST10PS What is the difference between n request and mild command?EXPLAIN YOUR ANSWER PLEASETHE BEST ANSWER WILL HAVE +1 FOLLOWER (ME) +