oscarsprangers198 oscarsprangers198

13-03-2020
Mathematics

contestada

A bank loans $2100 to a business at 7% for 3 months. How much simple interest will the bank earn?

Respuesta :

sqdancefan sqdancefan

13-03-2020

Answer:

$36.75

Step-by-step explanation:

The amount of interest payable is given by ...

I = Prt = $2100·0.07·(3/12) . . . . . . . . t is in years

I = $36.75

The bank earned $36.75 on the loan.

Answer Link

Otras preguntas

how does knowing about supply and demand help

How did the constitutional convention deal with slavery , one the most divisive issues of the period

Bob is putting books on a shelf and takes a break after filling 18 1/2 inches on the book shelf. The book shelf is now 2/3 full. How long is the entire bookshel

can someone help me out here number 4 plz

Identify the sentence type.

Which describes the difference between the graph of f(x)=x^2 and g(x)=-(x^2-2)

if the rights to intellectual property are not sold or given away who owns the intellectual property

Approximately what percentage of Americans are affected by Schizophrenia

You have 138.72 in your saving account u take out 45.23 and 18.00 you deposit 75.85 into your account

The ratio of wooden bats to metal bats in the baseball coach’s bag is 2 to 1. If there are 20 wooden bats, how many metal bats are in the bag?