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

In pete's blueprint the length of a side wall is 16 inches. find the actual length of the wall. 2. the back wall of the house is 33 feet long. what is the lengt

When researching your topic, which sources of information should be avoided? Check all that apply. government-sponsored websites commercial sources focused on s

Measures taken against Germany by the Treaty of Versailles did not include: French control of Alsace-Lorraine occupation of Germany division of German colonies

The overall message of this essay can be best described as?

What is the area of this polygon? Enter your answer in the box ___ units^2

Living things come from nonliving things. True or False

PleaseWhich ordered pair is a solution to the system of equations? Note: Use the substitution method. {x=1/4y+2 {−4x+3y=4 (7/2, 6 ) (−1/4, 1 ) (−11/2, −26/3 )

As consumers get older, the value they receive from certain consumption activities often changes. for example, some older consumers do not have as much fun atte

Given a standardized normal distribution with a mean of 0 and a standard deviation of 1, what is the probability that z is less than 1.57?

what have scientists used to build a chronology of earths past