jojoloco29 jojoloco29
  • 16-10-2020
  • Mathematics
contestada

What is the interest on $450 loan at 7% for 2 year

Respuesta :

58851 58851
  • 16-10-2020

Answer:

$63 is correct answer

Step-by-step explanation:

Answer Link
ruthmgr111
ruthmgr111 ruthmgr111
  • 16-10-2020

Answer:

$63

Step-by-step explanation:

here,

principle=$450

rate=7%

time=2yrs

intrest=?

now,

as, we know,

intrest=(p×t×r)÷100%

intrest=($450×7×2%)÷100%

intrest=$6300÷100

therefore, intrest=$63#

Answer Link

Otras preguntas

Why do sugary things get hot in the microwave?
which of the following would nost likely be found near a volcano?A. igneous rockB. metamorphic rockC. chemical sedimentary rockD. clastic sedimentary rock
What is constant velocity. Is it ever constant? If so at which times
A bag contains 5 red marbles, 10 white marbles, and 7 blue marbles. you draw 5 marbles out at random, without replacement. what is the probability that all the
The hypothalamus secretes corticotropin releasing hormone (crh) onto the anterior pituitary to stimulate secretion of
can someone help me with my homework
a tree is planted in a meadow. after 20 years it has grown into a big tree, weighing 250kg more than it was planted.where does the extra 250kg come from?explain
The simplest formula for a compound made from element x this 21 nitrogen by mass is
Area of the brain that regulates sleep-wake cycles is the
Which european country has the greatest influence on central americaâs development?