Megan has a loan of $24,650. This loan has a simple interest rate of 4% per year. What is the amount of interest that Megan will be charged on this loan at the end of one year?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Megan has a loan of $24,650. This loan has a simple interest rate of 4% per year. What is the amount of interest that Megan will be charged ...” 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
Fido wants to buy a new car. He will need to get a car loan. Fido decides to wait for a few months until his credit history improves. Which explains whether Fido is making a sensible decision?
Answers (1)
If a round plate has a radius of 6 inches, what is the area of the plate
Answers (1)
Last week Holly took a math test. She got 98 out of 123 questions correct. What percentage did Holly get correct? Round to the nearest hundredth.
Answers (2)
Tell whether each question can be written in the form y = mx + b y = 8 - x^2 y = 4 + x y = 3 - 2x
Answers (1)
What is the area of the parallelogram? 15 cm 21 cm 20 cm
Answers (1)
New Questions in Mathematics
The equation (x-6) (8+x) = (x-6) (8) + (x-6) (x) illustrates the use of which property?
Answers (1)
Consider the equation x^2=36
Answers (1)
If AB=BC, AB=4x-2, and BC = 3x+3, find AB
Answers (1)
A circular flower bed is 24 m in diameter and has a circular sidewalk around it that is 4 m wide. Find the area of the sidewalk in square meters
Answers (1)
An amount of $49,000is borrowed for 13 years at 7.25% interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back? Use the calculator provided and round your answer to the nearest dollar.
Answers (1)