patriciagrant130 patriciagrant130

04-05-2020
Mathematics

contestada

The owner of a clothing store borrows $5,000 for 1 year at 14.5% interest. If he pays the loan back at the end of the year, how much does he pay back

Respuesta :

homelessdoglookingfo homelessdoglookingfo

04-05-2020

Answer:

Depends on the sort of interest, He could have paid annual interest, compound interest, monthly. If it is annual interest the answer is 5,725$

Step-by-step explanation:

Multiply the initial value by the growth (1.145)

Answer Link

Otras preguntas

Myra is evaluating the expression –31.7 + 4.5x, when x = 2.1. –31.7 + 4.5(2.1) = –27.2(2.1) = –57.12 What was Myra’s error? A.Myra should have multiplied -31.7

what is the value of f if f + I-3 11/12 = 18

How to get an associate degree in illustration?

Explain how seismic waves are generated by an earthquake

Don and Marie like to go to a good restaurant. Dinners are $16 to $19 dollars with soup or salad. A beverage is $1.50. Dessert is $3.75. If one dinner is $16, t

a ______ map shows what the rocks in an area are and what they are made ofa. contourb. geologic c.topographic

What are the two primary reasons why Europeans first settled in America?

how to find x for similar right triangle

how do you do prime factorization?

In the line, “A heart whose love is innocent!” the word “heart” is used as _________________. sibilance metonymy personification synecdoche