13-10-2019
Mathematics

contestada

Find the interest on a loan of $4500 at 6 1/2% for six years

Respuesta :

Lucas0226 Lucas0226

13-10-2019

Answer:

$6255

Step-by-step explanation:

10% of 4500 is 45

5% of 4500 is 22.5

45 x 6 = 270 + 22.5 = 292.50

6.5% = 292.5

292.5 x 6 ( years) = 1.755 ( interest earned)

4500 + 1755 = $6255 after 6 years

Answer Link

Otras preguntas

plz solve my problem.any how

What are the two parts of binomial nomenclature?

who is the official leader of the state?

The exclusionary rule states that if evidence is found during an illegal search, it must be destroyed immediately. cannot be admitted into consideration. can b

The radius of a circular park is 114 yd. To the nearest yard, what is the circumference of the park?

Most real-world choices aren't about getting all of one thing or another, instead, most choices involve _________________, which involves comparing the benefits

Compare the functions below: Which function has the smallest minimum? A. F(x) B. G(x) C. H(x) D. All three functions have the same minimum value

You toss five fair coins. The probability that all five coins land heads is

Why did World War I last for so long

Why is it beneficial to form partnerships between schools