naziahwebb naziahwebb
  • 11-02-2020
  • Mathematics
contestada

What is the simple interest if you buy a $50,000 car at 11% for 15 years

Respuesta :

brian7672
brian7672 brian7672
  • 11-02-2020

Answer:

$132,500.00

Step-by-step explanation:

Formula of simple interest: P(1+rY)

50,000(1+0.11*15) [11% is equal to 0.11]

50,000(1+1.65)

50,000(2.65)

132,500

Answer Link

Otras preguntas

In which situations is eleastic potential energy present check all that apply
Which statement best characterizes the ideas of Jean-Jacques Rousseau?
write an equation of the line connects to the points A(1,3) and B(4,-9)? can anyone help please ASAP please
Why does Japan has many earthquakes while Thailand does not?​
Expand the logarithm. log4 (3xyz​)2
As monoculture becomes more profitable, some crop varieties are threatened with extinction. Which of the following would be the best solution to this global eco
some activities done during independent day​
We all believe that the survival girl ...................better then A. was B.is C.be D .to be Anyone help me, pleaseeee~~~~
the value of x is: 12. 6. 2. None of the choices are correct.
Which of the figures shown on the circle is a chord? answers: 1) ef 2) cd 3) fc 4) ac