Lenn25 Lenn25
  • 13-10-2019
  • Mathematics
contestada

Find the interest on a loan of $4500 at 6 1/2% for six years

Respuesta :

Lucas0226
Lucas0226 Lucas0226
  • 13-10-2019

Answer:

$6255

Step-by-step explanation:

10% of 4500 is 45

5% of 4500 is 22.5

45 x 6 = 270 + 22.5 = 292.50

6.5% = 292.5

292.5 x 6 ( years) = 1.755 ( interest earned)

4500 + 1755 = $6255 after 6 years

Answer Link

Otras preguntas

I NEED HELP ASAP!!! I put this question down for 20 points. Read the following paragraph and complete each blank with EITHER the preterite or imperfect form of
How was the balances between the north and the south preserved in the senate
Micah is deciding what rooms of his house he is going to paint. He wants to spend no more than $150 on the paint and supplies. Which situation is represented
as isthmus is a narrow strip of land that is bordered by water on each side,and that connects two larger pieces of land.How does this differ from a tombolo?
C7H16+O2-----> CO2+H2O
Q. Evidence of humans living during the Paleolithic Era A. has been found in Antarctica. B. has only been found in Africa and Australia. C. has been found in b
Why does Chopin introduce the reader to her protagonist as “Mrs.Mallard” rather than by her first name?
Which is not a theme in the hobbit
Codes of ethics often differ with respect to three characters. They are:
Which does a traditional camera need in order to capture images