pumpkin12
pumpkin12 pumpkin12
  • 17-03-2016
  • Mathematics
contestada

A farmer borrowed $7200 for 3 months at 10% interest. How much interest will the farmer pay on the loan?

Respuesta :

zerofrancisco zerofrancisco
  • 17-03-2016
he will pay the 10% of $7200, and that is calculated like so:
(10%)(7200)
= (10/100)(7200)
= (1/10)(7200)
= 720
therefore he will pay $720
Answer Link

Otras preguntas

Who can help me on this????
What was the Renaissance? Please help!
Kepler's work revealed that the Earth was _____.
The value, in dollars, of a particular KX37B computer is given by V = -412.48x + 6843, where x is the number of years the computer has been in existence. a. -4
What species are commonely found in tundra biomes
In 1957, the Arkansas National Guard prevented nine African American students from attending Central High School in Little Rock. In response, President Eisenho
Which issue is most important to the Democratic Party? A)providing national health care B)increasing funding for defense C)decreasing regulation of industry D)l
Forming rhymes and keywords allows the learner to use a. Creativity b. Caution c. Both of these d. None of these
Can somebody help me, please?
There are over 850 occupations that can be learned through an apprenticeship. Please select the best answer from the choices provided T F