sofiandreagarcia sofiandreagarcia

01-04-2022
Mathematics

contestada

Olivia borrowed $5,000 for 5 years at 5% simple interest.

Respuesta :

suphultamang suphultamang

01-04-2022

Answer:

The answer is $1250

Step-by-step explanation:

Solution,

Principle (P) = $ 5,000

Time (T) = 5 years

Rate(R) = 5 %

Simple Interest (I) = ?

Now,

We have,

Simple Interest (I) = P×T×R/ 100

= 5,000×5×5/100

= $1250

Answer Link

Otras preguntas

Imagine you are a Chinese peasant who was sent to a commune during the Great Leap Forward. Write an essay describing how this event has affected your life.

$1,034,473.45 spell it out

A group of hikers buy 8 bags of trail mix. Each bag contains 3 1/2 cups of trail mix. The trail mix is shared evenly among 12 hikers. How many cups of trail mix

What is the meaning of arch?

what can you say about the end behavior of the function f(x)=-4x^6+6x^2-52

Explain who John Brown was and a brief outline of his past?

Match the words on the left to their definitions on the right. redistricting a ballot by a voter who will be absent from a polling place on voting day voter reg

3(9.99) + 5(1.29). plz Answer show work

Which sentence from the passage suggests that the narrator's creation wants to speak with the narrator? from Frankenstein by Mary Shelley It was on a drea

Please help! Correct answers only please!The M&M jar has a square base with a length and width of 7 cm and a height of 6.5 cm. What would be the most reason