alsoveliz03 alsoveliz03
  • 01-05-2021
  • Mathematics
contestada

The amount of interest accrued on
a $7,000 loan with 6% interest after t years.

Respuesta :

samuelonum1
samuelonum1 samuelonum1
  • 06-05-2021

Answer:

$420t

Step-by-step explanation:

Given data

Principal= $7000

Rate= 6%

Time= t years

The expression for the amount is

Simple interest= PRT/100

Sustitute

Simple interest= 7000*6*t/100

Simple interest= 42000t/100

Simple interest= 420t

Hence the amount after t years is $420t

Answer Link

Otras preguntas

Fallacies rely on incorrect conclusions drawn from interpreting evidence. A. True B. False
Which value of m will create a system of parallel lines with no solution? y=mx-6 8x-4y=12
Chief Complaint (CC): A 60-year-old obese man presents to the emergency department complaining of severe pain in his lower jaw and shortness of breath that deve
g(t)=2.0.4^t for t = -2​
Please help!!!!!!!!!!!asap
What did the election of 1856 show? Check all that apply. A. There was a political divide between the North and the South. B. A third-party candidate could do w
Two populations are not yet reproductively isolated if interbreeding results in ____ . A. stronger offspring B. weaker offspring C. living offspring D. fertile
Select the correct text in the passage. Which sentences indicates that Jim is planning his poster design? Jim is a graphic designer. He is creating a social awa
[tex]-2(bx - 5) = 16[/tex]
THE OWL HOUSE Does ANYONE know when the three 44 min episodes are coming out, but it bothers me because AMPHIBIA ended and now OWL HOUSE IS TOOOOO