Mathematics

Mathematics, 01.09.2019 02:50, jayqq4240

Determine the simple interest paid after 3 months on a loan of 9,700 dollars borrowed at an annual interest rate of 11%.

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Mathematics, 26.06.2019 21:00, johnisawesome999

One method to determine the monthly payment for a car loan is based on using future-value simple interest. to use this method, first find the sum of the principal of the loan and the total simple interest to be paid on the loan. then, divide the sum by the number of months in the loan period. keri is planning to get a $12,000 loan to buy a used car. let r be the annual interest rate and t be the length of the loan, in years. 1. which expression represents the total simple interest, in dollars, that keri will pay? 2. which formula can be used to find m, the monthly payment on keri’s car loan?

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Mathematics, 10.07.2019 03:10, bmartinez26

Kira borrowed $800 from a bank for 5 years and was charged simple interest. the total interest that she paid on the loan was $320 . as a percentage, what was the annual interest rate of her loan?

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Mathematics, 14.09.2019 08:30, codycoker4200

Jamie just paid off a loan he took out six months ago at 12% simple annual interest. he paid $3,816.00, which was the sum of the principal and the simple interest accrued over the length of the loan. what was the amount of principal he borrowed? give answer in dollars rounded to the nearest cent. do not enter "$" sign in answer

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Mathematics, 08.11.2019 20:31, AdrianBrewer8168

Michele borrowed $3,000 for 9 months and paid $168.75 in simple interest on the loan. find the annual simple interest rate that michele paid on the loan.

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