karenvalenciaalzate karenvalenciaalzate
  • 02-03-2022
  • Mathematics
contestada

Joey borrowed $2,750 from
the bank at 5% simple interest
for 5 years. How much is Joey
going to pay in interest?

Respuesta :

AlexTheBoss101 AlexTheBoss101
  • 02-03-2022

Answer:

Simple Interest: $3.44

Annually Compounded Interest: $3.51

Answer Link
2151982
2151982 2151982
  • 02-03-2022

Answer:

Joey is going to pay $687.5

In all Joey is going to pay $3437.5

Step-by-step explanation:

To get 687.5 you have to do $2750 x 0.05 x 5 years

That gets you 687.5

Answer Link

Otras preguntas

add the like terms: -3ab+-10a+-8a
What number is 10,000 less than 337,676?
4y=3/x^2+2, what is the value of x?
27 g of Al will react with how much mass of O2 to produce Al2O3
What shape is a parallelogram
i need to write a paragraph 100 words or 500 characters using the words Commitment Employment Motivation Priorities and is to be an about me. i cant put words t
What number is 10,000 less than 337,676?
A car with mass 615 kg drives through an Arby's parking lot. What is the weight of the car? Isn't it just w=mg So, w=615 kg x9.8 m/s^2 w= 6,027 N
How many oxygen atoms are found in one molecule of nitric acid, HNO3?
4y=3/x^2+2, what is the value of x?