9. A simple interest loan with a principal of
$5000 is paid back after 2 years. The total
payment is $5875. What is the annual rate of
interest on the loan?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “9. A simple interest loan with a principal of $5000 is paid back after 2 years. The total payment is $5875. What is the annual rate of ...” 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
Which of these true conditional statements has a true converse? A. If x > 3, then 2x > 6. B. If x > 3, then x > 2 C. If x > 3, then x > 0 D. If x > 3, then x > - 3
Answers (1)
How do I get the area of a hexagon if the radius is 2√3
Answers (1)
length of a rectangle is 4x^2 + 12x and the area of the rectangle is 24x^4 + 72x^3 what is the width of the rectangle
Answers (1)
Which value is equivalent to the expression 2^3 + 3^4
Answers (1)
Find the difference between 10 and - 25 (Hint: Subtract the numbers in the order given.)
Answers (1)
New Questions in Mathematics
An observer in a lighthouse 350 ft above sea level observes two ships directly offshore. The angle to the shore are 4 and 6.5 degrees.
Answers (1)
What number must you add to complete square? x2+10x=8 answers A. 10 B. 15 C. 25 D. 5
Answers (1)
Iᔕ 7/15 ᒪEᔕᔕ Tᕼᗩᑎ 1/2
Answers (1)
Find the range of f (x) = - x^2 - 8x - 4. (Enter your answer using interval notation.)
Answers (1)
The top surface of a desk has a length of 5.6 ft and the length is 4 times its width what is the width of the desk
Answers (1)