Seudónimo Seudónimo
  • 16-11-2019
  • Mathematics
contestada

mr thomas borowwed $1200 from a bank for 90 days at a 12 1/3% annual interest. how much did he pay?

Respuesta :

sodiqolamilekan69
sodiqolamilekan69 sodiqolamilekan69
  • 16-11-2019

Answer:

Step-by-step explanation:

I=prt/100

p=1200

r=37/3%=12.33%

t=90/365=0.2466year

I=1200*12.33*0.2466/100

I=$36.49

Amount paid=interest+principal

Amount paid=36.49+1200

Amount paid=$1236.49

Answer Link

Otras preguntas

What three things happen in order for a chemical reaction to occur?
who did the romans destroy
What is the factored form of [tex]x^2-36z^2[/tex]?
What role did the press play in rallying America support for a war in Cuba?
What is the basic unit of a culture's social structure??
The mass of cart 1 was 1.10kg and mass of cart 2 is what's being solved for. They were next to each other and a spring was activated and the two carts moved awa
how is the study of the earths interior an example of indirect observation
A club with 30 members is to select five officers (president, vice president, secretary, treasurer, and historian). In how many ways can this be done?
If a standard drinking straw is 19.5 cm long and has a diameter of 0.6 cm how many square centimeters of plastic are used in one straw?
How did trade affect European navigation?