alsoveliz03 alsoveliz03
  • 01-05-2021
  • Mathematics
contestada

The amount of interest accrued on
a $7,000 loan with 6% interest after t years.

Respuesta :

samuelonum1
samuelonum1 samuelonum1
  • 06-05-2021

Answer:

$420t

Step-by-step explanation:

Given data

Principal= $7000

Rate= 6%

Time= t years

The expression for the amount is

Simple interest= PRT/100

Sustitute

Simple interest= 7000*6*t/100

Simple interest= 42000t/100

Simple interest= 420t

Hence the amount after t years is $420t

Answer Link

Otras preguntas

SOMEONE PLEASE HELPE ME ASAP SERIOUS ANSWERS ONLY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Read the sentence and answer the question. Apollo astronauts took additional classes astronomy, Earth geology, life sciences, and geology of the Moon. Which c
Really need help!!!!!!
which term best describes any ladder that can be readily moved or carried
In what ways does this context of violence in the united states promote child maltreatment?
Duchenne muscular dystrophy is a genetic disorder that arises from a recessive X-linked allele. Why is this disorder almost always restricted to males?
What does the number 0 displayed next to an object, text, or placeholder indicate?
Pleasee help I need to pass this class!!!! Solve for x
2.37 to the nearest tenth
someone please help ASAP!!!!! SERIOUS ANSWERS ONLY!!!!!!