Seudónimo Seudónimo
  • 16-11-2019
  • Mathematics
contestada

mr thomas borowwed $1200 from a bank for 90 days at a 12 1/3% annual interest. how much did he pay?

Respuesta :

sodiqolamilekan69
sodiqolamilekan69 sodiqolamilekan69
  • 16-11-2019

Answer:

Step-by-step explanation:

I=prt/100

p=1200

r=37/3%=12.33%

t=90/365=0.2466year

I=1200*12.33*0.2466/100

I=$36.49

Amount paid=interest+principal

Amount paid=36.49+1200

Amount paid=$1236.49

Answer Link

Otras preguntas

In a free-fall experiment, an object is dropped from a height of h = 400 feet. A camera on the ground 500 ft from the point of impact records the fall of the ob
What caused Egypt’s troubles in the 1800s?
What is the importance of the edict of Milan issued by the emperor Constantine in 313 A.D. ?
Blinking in response to a puff of air directed to your eye is a
What parts of the brain are involved in the learning process
In process cost accounting, the costs of direct materials and direct labor are charged directly to
if f and g are continuous functions with f(3)=5 and lim x-->3 [2f(x)-g(x)]= 4, find g(3)
Early in our history, problems of old age were considered to be:
what is matellic bonding
This is my next Trigonometry question I am needed help on- I just want to be sure I've got it right, or if not, then the steps I need to take to get it right. T