bibby426 bibby426

13-01-2022
Mathematics

contestada

If the interest paid was $1428 on a principal of $5100 and an interest rate of 4%, how many years was the loan for?

Respuesta :

jtm2588 jtm2588

13-01-2022

Answer:

7 years

Step-by-step explanation:

Use the formula I=Prt

Convert 4% to a decimal. 4% = 0.04

1428 = 5100(.04)t

1428 = 204t

1428/204 = 204t/204

t = 7 years

Answer Link

Otras preguntas

how is german unified during revolution in britain,?

Given the numbers r=-45 and s=96, which statement is true?

In equilateral △ABC, y = ?

Find a counter example to the statement, the product of any integer and itself is odd

explain what Adam Smith theory of the invisible hand was and each element of the hand . Do you agree with theory or not ? Explain

What is the solution to -122 <-3 (-2-8×)-8×?

read the sentence below for this experiment you will need _____a magnet, a piece of paper, and a steel washer. which choice indicates the best way to complete t

help please, thanks in advance

Nation-states are very much like organisms. They are born, they grow, they need nourishment, and they eventually decline and die. However, unlike natural organi

In eight months, 55.6 gallons were used. Find the unit rate.