ChaseA543996 ChaseA543996
  • 03-11-2022
  • Mathematics
contestada

Karl borrowed $5,700 from the bank for a year at 9% simple interest. What was the amount he paid back to the bank?

Respuesta :

SianaK241975 SianaK241975
  • 03-11-2022

Simple interest = PRT /100

where P is the principal

R is the rate

T is the time in year

From the question

P=$5700 R=9 T=1

substitute the values into the formula;

S.I = 5700 x 9 x 1 /100

=$513

Amount pay back = $5700 + $513 = $6,213

Answer Link

Otras preguntas

A wheel of mass 4kg is pulled up a plane inclined at 30° to the horizontal by a force of 45N applied to the axle and parallel to the plane. If the wheel has a r
Because bike lanes give a sense of a narrowed driving area, vehicles ... A. tend to drive faster. B. tend to drive a consistent speed. C. tend to drive slower.
These two triangles are congruent. Which one of these statements is correct? GH = JL GH = JK ∠GHI = ∠JLK ∠HIG = ∠JLK
He always (make) .... noise at night.
Read the situations below and determine which relationship is not functional Situation 1: a cell phone bill to the amount of minutes used Situation 2: the perim
I need the answer to this plsss
Divide 4 over 5 ÷ 1 over 10 = ____. Numerical Answers Expected! Answer for Blank 1:
Beth cooked a cake for 30 minutes. How many degrees did the minute hand turn?
Convert 9.3 kribs into grees given that 4.2 kribs = 18 grees.
plz help meeeeeee pretty pleaseeeeeee.