mendozafran6362
mendozafran6362 mendozafran6362
  • 17-12-2020
  • Mathematics
contestada

Joe borrowed $8,000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in 4 years?

Respuesta :

lilliannroehrkasse
lilliannroehrkasse lilliannroehrkasse
  • 17-12-2020

Answer:

2240

Step-by-step explanation:

7% of 8000 is 560, and 28% of 8000 is 2240. 560 x 4 is also 2240.

Answer Link

Otras preguntas

You have been asked to write an essay about the chemical process of fire. Which of these is the most effective topic sentence for a paragraph in this essay? Cam
Describe each step of mitosis
Answer question attached. No working needed.
what happens when a country's central bank raises the discount rate for banks?
Identify the vertex of the function, F(x) =3(x-1)2 + 5.
Can someone help me with this I don’t know how to do it and I’ve tried
This adaptation allows the panda to perform which activity? A Grasping B Running C Scratching D Throwing
I need help with is question please.
What is the volume of this figure? Enter your answer in the box. m³
The rule for the dilation of quadrilateral QRST to the image Q'R'S'T' is DO,0.5(x, y) → (0.5x, 0.5y). What are the coordinates of Q', if Q(0, 2)? ( , )