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

1. Which one of the following items would be most likely to have a list of chapter titles? A. A novel B. A magazine C. An article D. A newspaper

Which describes the characteristics of a liquid? A. It has no fixed volume or shape. B. It has a fixed volume and shape. C. It has high energy and expands to fi

What would be the mean if the value 3 was added to the following set? 14, 14, 17, 19, 25 17.8 20.8 18.4 15.3

what gas does hydrogen change into as a star becomes hotter

If u add 5 to me and then divide by 9,u get 3. What number amI?

What was important about Charles Martel's victory at the Battle of Tours

a baseball team has home games on Thursday and Saturday. the two teams together earn $4746.50 for the team. Thursdays game generates $53.50 less than Saturday's

What is the scientific notation of 8888800

Write in powers of 10 notation: 3 trillion; five-thousandths; 730,000,000,000,000; 0.000000000082.

karen is making two displays. One display has 57 red mugs. The other display has 76 sports mugs. The rows of each display must have the same number of mugs. Wha