citycardriving123458
citycardriving123458 citycardriving123458
  • 03-03-2020
  • Mathematics
contestada

Trevor borrows $4000 on a 5-
year loan. He is charged 5%
simple interest per year. How
much interest is he charged
for 5 years?​

Respuesta :

diyapatel232
diyapatel232 diyapatel232
  • 04-03-2020
0.25% bc he is charged 5% per year so just multiple 5% times 5=0.25%
Answer Link
amna04352
amna04352 amna04352
  • 13-04-2020

Answer:

$1,000

Step-by-step explanation:

4000 × (5/100) × 5

1000

Answer Link

Otras preguntas

Which of the following words means "very soft"? a. Piano b. Pianissimo c. Forte d. Fortissimo
Leviathan was a member of Captain Nemo's crew. a. True b. False My answer: True 2. Select all that apply. The Black River is: _____. a. an inland river b. on
Why did johnson urge members of congress to support this bill?
Compare the decimals 9,135.40 and 9,135.4.
Definition of absolutism
The region with the greatest number of colonial and commercial competitors was a. the western coast of Africa. b. Indonesia. c. the Caribbean islands. d. th
Oceania includes islands located in this ocean. Indian Pacific Atlantic Arctic
Persian rulers divided their vast empire into smaller regions ruled by loyal _____. A. serfs B. satraps C. citizens D. philosophers
What would be the answer to " round 6.125 to the nearest tenth"?
please help with these two questions