dariusneals180 dariusneals180

03-04-2018
Mathematics

contestada

The principal on a loan is $5000, the interest rate is 3.6% and the simple interest is $900.00. How long was the loan?

Respuesta :

sqdancefan sqdancefan

03-04-2018

I = Prt
t = I/(Pr)
t = $900/($5000*.036) = 5 . . . years

Answer Link

Otras preguntas

Find the exact value of sec30º.

what is the equation of a line that contains the points 5,0 and 5, -2x=5x=0y=0y=5

ngonjera kuhusu mwizi wa ng'ombe

Which of the equations below could be the equation of this parabola?

why is radioactive dating important when approximating the age of earth?

A bag contains 9 marbles: 2 are green, 3 are red, and 4 are blue. Melissa chooses a marble at random, and without putting it back, chooses another one at random

las madres les lei un cuento a sus hijos anoche

Describe how different types of solutes dissolve in water

How do you spell 3:10 in Spanish?

James and the writer of Proverbs both imply one of the central tenets of the Christian worldview: there exist right and wrong, and we can know them for certain.