shenders316 shenders316
  • 10-05-2021
  • Mathematics
contestada

If you borrow $900 for 4 years at an
annual interest rate of 5%, how
much will you pay altogether?

Respuesta :

SacredSpork SacredSpork
  • 10-05-2021

Answer:

$995.04

Step-by-step explanation:

You pay $20.73 every month. $20.73 x 48 = $995.04

Answer Link
lemonicecream520 lemonicecream520
  • 10-05-2021

Answer:

i am going to assume that for interest you mean simple interest.

900*5%*4=180

180+900=1080.

if you mean compound interest...

900*(1+5%)^4=1094.0 (1.d.p)

Answer Link

Otras preguntas

What was the name given to low cost,multifaceted dwellings in the cities in the late 1800s?
1. If asked to "contrast" something in a prompt, you should do what? Provide an answer that says what something is, and how it works. Provide an answer that foc
A potato has a volume of 750cubic centimeters and a mass of 390grams. Calculate its density. Write your answer to the hundredths place.
The social-conflict approach explains why all the world's societies recognize some form of incest taboo a. True b. False
__________ is the self-esteem that comes from feeling liked and accepted by one's peers, family, and teachers.
what test would be used to determine whether a person has an infection?
z=5-5i and w=radical3-i find z/w and product of zw
GFZ=38, ZFE= 2x+125, GFE= x+163. Find x.
How many gallons of 30% antifreeze should be mixed with 10 gallons of 93% antifreeze to obtain a 65% antifreeze mixture ?
please help it will be greatly appreciated :)