Item 20 You have two loans, for 2 years each. The total interest for the two loans is $138. On the first loan, you pay 7.5% simple interest on a principal of $800. On the second loan, you pay 3% simple interest. What is the principal for the second loan?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Item 20 You have two loans, for 2 years each. The total interest for the two loans is $138. On the first loan, you pay 7.5% simple interest ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Rafiq is making a fruit juice using 48 ounces of grape juice and some seltzer water, he wants to make 10 equal servings that are at least 9 ounces each should he add 32 or 48 ounces of seltzer water?
Answers (1)
The condition ∑ Fi = 0 is sufficient to assure that a rigid body is in equilibrium. True False ... ?
Answers (1)
Verbal expression for 5 (x+2) in algebraic
Answers (1)
Which factor makes capitalism such a successful economic system? Business owners have the right to take private property from citizens if it benefits the overall economy. Banking regulators work to limit the possibility of economic problems.
Answers (1)
Which of the following is a function equivalent to f (x) = 5 (1.9) ^3x? f (x) = 34.29^x f (x) = 5 (6.86x) f (x) = 5 (6.86) ^x f (x) = 328.51^x
Answers (1)
New Questions in Mathematics
How much greater is 113,998 than 97,813
Answers (1)
Molly purchased 7 apples for $3.96. while looking at her receipt, Molly divided three $3.96 by 7. why might Molly perform this calculation?
Answers (1)
Which statement is true about millimeters and kilometers?
Answers (1)
A bag contains of cards 2 red 3yellow, 3 blue What is the probability that you will draw a red card and then a yellow card
Answers (1)
What is the ratio of 0.9 and 0.8
Answers (2)