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

Suppose a lion eats the found carcass of a dead wildebeest instead of hunting a live wildebeest what ecological principle does that event show
What measurement can physicians use to assess an adult's risk for high LDL cholesterol, triglycerides, or blood pressure
What do the dances that are masked in Oaxaca represent?
Which of the following is the correct interpretation of "ibuprofen 400 mg po cf bid"? A. Ibuprofen 400 milligrams by mouth with food twice daily B.
Can you help me with this first question please(it’s attached)? It would be greatly appreciated!
Find the common ratio geometric sequence please
Explain why photosynthesis must occur first in order for cellular respiration to occur
Does Lewis think that JFK has been supportive of the civil rights movement?
Which best describes what is happening in section C? His car is stopped. His car is speeding up. His car is slowing down. His car is traveling at a constant spe
The main concern of southern africa's subsistence farmers is