dariusneals180
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 sqdancefan
  • 03-04-2018
I = Prt
t = I/(Pr)
t = $900/($5000*.036) = 5 . . . years
Answer Link

Otras preguntas

A 1200-kg car pushes a 2100-kg truck that has a dead battery to the right. When the driver steps on the accelerator, the drive wheels of the car push against th
What do you call a set of programs?
What is the value of X? Enter your answer as a decimal in the box. Round only your final answer to the nearest 10th.
Select all that apply. Which dynasties tried to cut off trade with the mongols? The Jin The song The xia The Ming
what is the volume of the oblique cone shown? round the answer to the nearest tenth. the diagram is not drawn to scale. 178.0 in ^3 4,539.6 in ^3 2,269.8 in ^3
In the early 1900s, godfrey hardy and wilhelm weinberg were both studying population genetics and created models to explain their ideas. upon which premise was
write 653.000 in a scientific notation
in what ways can pesticides be harmful to children?
Which actions are characteristic of mental illness? Check all that apply. brushing teeth every hour because one’s mouth feels dirty refusing to eat breakfast fo
What is the square footage of a 13 foot by 14 foot circle?