Eiadr2ianajo Eiadr2ianajo
  • 24-11-2016
  • Mathematics
contestada

I need Financial Algebra help

What is the total interest on a ten-year 6.1% loan with a principal of $32,000?

Respuesta :

alsteva alsteva
  • 27-11-2016
[tex]I=Prt \\P=\$32,000 \\r=6.1\% \\t=10 \\ \\I=Prt=\$32,000\times6.1\%\times10=\$32,000\times \frac{6.1}{100} \times10=\$19,520[/tex]
Answer Link

Otras preguntas

What is the length of leg S of the triangle below?
why is sin(theta)= -1 equal to theta=(3\pi)/2
The elbow is an example of a compound machine found in the human body. true or false
ab - c = 9. Solve for c
Alisa buys a watermelon every year. The first time she bought a watermelon, it cost $2.50. She notices the price is getting more expensive, at a rate of 3% per
If tan x = .76 and cos x = .22, what is sin x?
Simplify. 1/3(1−1/4)^2
Does anyone know how to hard boil an egg? I have to do so for my Science class and I don't really know how too. P.S. I'm homeschooled so I don't have a teacher
Write 3^x = 66 as a logarithmic function.
one-fifth of the population of a mid-west city ia 8466. what is the population