Blake1053 Blake1053

01-02-2017
Business

contestada

$1500 at 12% interest for two years

Respuesta :

mun52022 mun52022

01-02-2017

1500*.12*2= $360 in interest
Total 1860 by the end of 2 years

Answer Link

mckennasage mckennasage

01-02-2017

First, convert 12% into a decimal. 12/100 = 0.12
1500*0.12 = 180. 1500+180 = 1680.
so it's 1,680 the first year.
1,680*0.12 = 201.60
1,680 + 201.60 = 1881.6
so 1,881.60 the second year!

So answer is, $ 1,881.60

Answer Link

Otras preguntas

if 120 marks is 60% what is full marks

Describe the differences between a prokaryotic and a eukaryotic cell, and identify their parts.

why do living things need nitrogen?

by hw much is the difference of 604 and 406.64 less than thier sum ?

Why is man a special creature? What two worlds does he share in?

Write 75 as the product of its prime factors. (2 marks)

written in simplest form, the expression (x^2)(y^2)-9 over 3-xy is equivalent to 1. -1 2. 1 over 3+xy 3. -(3+xy) 4. 3+xy Please show work

How many counting numbers are between 30 and 65, not including 30 and 65?

Polished metals have a metallic luster, which means that?

Find the value of 2 in this equation. 33- (8t) = 15