williamslyquettia williamslyquettia

12-05-2022
Mathematics

contestada

A borrower has been approved for a loan of $5,000 at 8% interest. The loan will be repaid in nine months. What amount will be repaid at that time?

Respuesta :

Falcrum Falcrum

12-05-2022

Answer:

Just multiply 5000 * 0.08, which equals 400.

400 + 5000 = 5400

The borrower will repay $5400 at the end of nine months.

Step-by-step explanation:

Answer Link

Otras preguntas

Econometrics answers using the ols estimates shown in the table below, compare the estimated effects of a 13 % increase in average district income on test sco

After building a canvas and before painting it, a painter generally applies a coat of what

A customer buys an apple pie for $8.04, 6 cloves of garlic for $0./9 each, and a quarts of milk for $1.31. You are working the cash register. The customer gives

Help me with these questions

A type of specialty processor devoted exclusively to protecting your privacy.

Which of these is true about the normal balance of an income summary? a) It depends on which financial statement it appears. b) The balance is credit. c) The ac

What happened after the death of Mansa Musa? A. The Mali Empire began to decline. B. The Mali Empire engaged in the gold trade. C. The trade networks of Africa

What instruments are in the song heathens?

true? and false? At the end performance actors come out and bow in order from largest role to smallest

The cylinder shown has a volume of π in3. Find the volume of a cone with the same base and height as the cylinder.