shantol shantol
  • 21-05-2014
  • Mathematics
contestada

Sam borrows $1,000 from a bank that is charging eight percent simple interest per year. If he pays the loan back in six months, how much interest will he pay?

Respuesta :

Аноним Аноним
  • 07-07-2014
[tex]8\%:2=4\%=0.04\\\\0.04\ \times\ \$1,000=\$40\leftarrow answer[/tex]
Answer Link

Otras preguntas

Given the graph below, which of the following statements is true? The graph represents a one-to-one function because every x-value is paired with only one y-val
Write the equation of a circle with a center at (6, 7) and a diameter of 4.
Which of the following numbers is divisible by both 3 and 9? A.7605 B.7690 C.5390 D.4524
Read the passage Amal walked into the store and asked the shopkneper for a book about cars, Amal loved cars. He told the shopkaseper that he wanted to build car
The side of a square is (4x-2y) what is the perimeter of the square
Which territory did the us gain from a treaty
how do I use logarithms when i haven't used it. math
Why is important to learn about the environment?
For any positive integer n, the sum of the first n positive integers equals n(n+1)2n(n+1)2. what is the sum of all the even integers between 99 and 301 ?
What aspects of this course were most useful or valuable?