marlikacolin marlikacolin
  • 15-01-2019
  • Mathematics
contestada

Alicia borrowed $
3,000 from the bank at a rate of 12% simple interest per year How much interest did she pay in 4 years

Respuesta :

mathewsrolltide mathewsrolltide
  • 15-01-2019

Answer:

$1720.56

Step-by-step explanation:

3000(1+0.12)^4

3000(1.12)^4

3000(1.57351936)

4720.56

-3000

1720.56

Answer Link

Otras preguntas

Importancia de la dominancia incompleta
Using Pythagoras' theorem, work out the length of the hypotenuse of this right-angled triangle. Give your answer to the nearest centimetre. 7 cm 19 cm Not drawn
A student measured the length of a room and obtained the measurement of 3.99m. If the percentage error of his measurement was 5% and his own measurement was sm
3. Use the graph of f(x) below to answer the following questions. Approximate answers are okay. ​
11 Analyze what types of features are evident on you Profile​
Find the integer closest to √42.3​
The population of California was about 37 million in 2010 and increasing by 1.0% each year. Create a formula to estimate the population of California in 2020.
Which graph represents the polar curve r = 3 – 2cos(θ)?
The length of the longer side of a rectangle is 2 in. less than twice the length of the shorter side. The area of the rectangle is 60 in2. What is the differenc
According to the document, what happened after Indians signed peace treaties?