giaviradia266 giaviradia266
  • 01-07-2021
  • Mathematics
contestada

A company borrows $100,000 for 5 years at a simple interest rate of 10.5%. Find the interest paid on the loan
The interest paid on the loan is ?
The total amount paid is ?

Respuesta :

loconte loconte
  • 01-07-2021

Answer:

$52,500

$152,500

Step-by-step explanation:

$100,000 * .105 = $10500

Answer Link

Otras preguntas

What is the least common denominator for 5/6 and 3/8. 3/4 and 6/7
Simplify the expressions: cot 0 sec 0 A. Sin0 B. Csc0 C. Cos0 D. Cos* 0
what's another word for over thinking?
Mini-Project: Cents and the Central Limit Theorem 1. Collect a sample of at least 50 pennies by setting aside all the pennies you receive in change for severa
How do you?...Multiply out and simplify 10(2x-1)-20x?
What is the amplitude of y=1/2 sin2x
what is a high structure part of a church which has 5 letters
How do you?...Multiply out and simplify 10(2x-1)-20x?
Mini-Project: Cents and the Central Limit Theorem 1. Collect a sample of at least 50 pennies by setting aside all the pennies you receive in change for severa
Simplify the expressions: cot 0 sec 0 A. Sin0 B. Csc0 C. Cos0 D. Cos* 0