iLoveMustard
iLoveMustard iLoveMustard
  • 11-03-2021
  • Mathematics
contestada

How much interest will you pay if you borrow $850 for 2 years at 4% interest?

Respuesta :

amolinar
amolinar amolinar
  • 11-03-2021

Answer:

If you're being charged annually, you would end up paying $918.

Step-by-step explanation:

850 * 0.04 (or 4%) = 34

34 * 2(years) = 68

850 + 68 = 918

You would end up paying $68 in interest.

Answer Link
royalking1914 royalking1914
  • 30-04-2021

Answer:

Its $68

Step-by-step explanation:

just got it right.

Answer Link

Otras preguntas

what is the standard deviation, s of 0.26 and 0.23
Save-way-more food store received  a delivery of 86 boxes of apples and bananas. Each box of apples had a mass of 32 Ib., and each box of bananas had a mass of
Need Help, thanks.2 < 1 - x < 6
I need help with my homework can anyone help?
the dimensions of a 10 ft by 6 ft rectangle are multiplied by 1/3. how is the area affected?
multiply and simplify answer (1-x)(2-7)  please help.
Three years after purchase, a car is estimated to be worth $24,000.  At five years, its value is $19,000.  If the car is depreciating in a linear manner, write
what happens to water when wet clothes dry?explain
Why did the palmer raids happen?
List one way a parallelogram and a rhombus are different
good job