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

Help PLEASE 10pts CMON PEOPLE I NEED TO FINISH THIS TODAY
Even though slavery was outlawed in all northern states by 1820, African Americans who lived in the North still faced ___________because many whites viewed them
What is the image point of (2,-5)(2,−5) after a translation right 4 units and up 3 units?
CAN SOMEONE PLEASE HELP ME WITH THESE 2 QUESTIONS??
If a plant fall which way will the roots grow
I NEED HELP PLEASE IM FAILING AND NO TROLLS I AM DEAD SERIOUS ​
JJ buys a video game for $50.00. If the sales tax is 8.25% Enter the sum, in dollars, that JJ paid, including tax.
Put in order the following sentences .
A family has two cars. The first car gets 25 miles per gallon and the second car gets 15 miles per gallon. In a week the two cars went 725 miles and consumed 35
[tex] \sqrt{ {4 a}^{2} + {12a}^{2} } [/tex]​