patriciagrant130 patriciagrant130

04-05-2020
Mathematics

contestada

The owner of a clothing store borrows $5,000 for 1 year at 14.5% interest. If he pays the loan back at the end of the year, how much does he pay back

Respuesta :

homelessdoglookingfo homelessdoglookingfo

04-05-2020

Answer:

Depends on the sort of interest, He could have paid annual interest, compound interest, monthly. If it is annual interest the answer is 5,725$

Step-by-step explanation:

Multiply the initial value by the growth (1.145)

Answer Link

Otras preguntas

what is the rosseta stone

An ____ is an controlled study of specific variables

Which element of music is specified by these symbols? speed VIU duration pitch

We have come to a place where success cannot be measured by the old standard. Just to make money is no gauge anymore of success. A man may not be able to make

Rational or irrational

Gianna put $1000 in a savings account for 18 months, The interest on the account is 3.5%. How much will Gianna earn in interest? What amount will she have at th

What was sharecropping? Farming land you owned. home O Picking cotton. Farming land you rented. Plantation slavery.

1-10 how good is hamilton?

A point on a coordinate grid is represented by what letters??

Which two numbers does StartRoot 128 EndRoot lie between on a number line?