dockdemon
dockdemon dockdemon
  • 01-12-2017
  • Mathematics
contestada

What is the interest for an $8,720 loan at 12.5 percent for 15 years?

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 03-12-2017
The formula is
I=prt
I interest?
P loan 8720
R interest rate 0.125
T time 15 years
I=8,720×0.125×15
I=16,350

Hope it helps!
Answer Link

Otras preguntas

How can we find the measure of an exterior angle if we know the measurement of an interior angle
how do i divide by zero
Who is William Shakespeare
Which property is used to identify the origin of an igneous rock? color density hardness crystal size
why is there friction between objects
Please help me on this
write skeleton equations for the following reactions C. aluminum(s)+copper(I) chloride(aq) ----> aluminum chloride(aq)+copper(s)
You are cycling around Europe with friends. A cycling festival is starting soon in Barcelona. It will take 4.5 hours to cycle there. How many minutes in tota
Which statement is general rather than specific? A) "Marian Anderson was one of my favorite singers." B) "Next thing you know, everything changed for Marian." C
In which case did the Supreme Court's decision allow schools to use forced bussing to ensure integration of its schools?