wualeskau wualeskau

13-04-2020
Mathematics

contestada

Christopher borrowed $22,000 for 7 years. At the end of the loan, he had paid a total of $27,390. Find the interest rate on the loan.

Respuesta :

loveandhippys loveandhippys

13-04-2020

Step-by-step explanation:

okay so we know i = prt

in this scenario

p = 22,000

r = ?

t = 7

i = 27,390

the equation for r is (i/p*t)

so now let's plug in what we know

r = 27,390/22,000 * 7

r = 1.245 / 7

r = 8.715

please rate 5 stars and vote brainliest and say thanks

Answer Link

Otras preguntas

A scientist hypothesizes that the water in all of the earths oceans are connected. What would most likely allow this hypothesis to become a theory

How did industrialization in the early 1800s affect women? Women began to go to school to learn a trade. Women began to work outside the home. Wom

Shannon is explaining to his girlfriend Genet that he never meant to hurt her feelings by comments he made. during the conversation he focuses all his attention

Mercantilism advocated the establishment of colonies to benefit which of the following: A) Colonists B) Mother country C) Native people D) Military officers

Which macromolecules are often made of three fatty acid‘s bond to a glycerol molecule. A.proteins B.lipids C.carbohydrates D.nucleic asids

javier will paint the four outside walls of the birdhouse but not the bottom or the roof.What is the area that javier will paint?

Solve d + 3 < 12 Can someone show how to get the answer.

A company's board of directors wants to form a committee of 3 of its members. There are 5 members to choose from. How many different committees of 3 membe

please help on this one?

Specialized cells and organs are necessary in multicellular organisms becasue in these organisms