naziahwebb naziahwebb
  • 11-02-2020
  • Mathematics
contestada

What is the simple interest if you buy a $50,000 car at 11% for 15 years

Respuesta :

brian7672
brian7672 brian7672
  • 11-02-2020

Answer:

$132,500.00

Step-by-step explanation:

Formula of simple interest: P(1+rY)

50,000(1+0.11*15) [11% is equal to 0.11]

50,000(1+1.65)

50,000(2.65)

132,500

Answer Link

Otras preguntas

Can someone please help me!
What is the simultaneous use of multiple keys called? A. polytonality B. polyrhythm C. tone cluster D. atonality
(01.01 LC)Which of the following describes a situation in which the total distance a basketball player travels is 0 meter from his starting point? Answers : A
Why are logical fallacies problematic in an argument? because if the argument is emotional it cannot be valid because if the evidence is faulty then the claim m
The number of gallons of water in a large tank at time (t) minutes is given by the function W(t)=160,000-8,000t+t². Find the average rate of change of the numbe
pls anwer the question
What is the following product? 3 sqrt 24 3 sqrt 45
In the accompanying figure, triangle ABC has coordinates A(0,3), B(7,3), C(7,7). What is the area of triangle ABC in square units?
historia de simon bolivar
What is the answer to 11-2r+3=4