dariusneals180
dariusneals180 dariusneals180
  • 03-04-2018
  • Mathematics
contestada

The principal on a loan is $5000, the interest rate is 3.6% and the simple interest is $900.00. How long was the loan?

Respuesta :

sqdancefan
sqdancefan sqdancefan
  • 03-04-2018
I = Prt
t = I/(Pr)
t = $900/($5000*.036) = 5 . . . years
Answer Link

Otras preguntas

Choose three articles from the Universal Declaration of Human Rights that address the issues you uncovered while researching your chosen event/topic. Explain ho
in the book the great gatsby: does gatsby get involved in the festivities at his parties?
Why did Nixon order US forces to mine North Vietnamese harbors in 1972? to intimidate the Viet Cong to end the Tet Offensive to cut off supplies to North Vietna
Why might a newlywed chinese couple receive the gift of a scroll painting with peonies?
Those with positive attitudes tend to ___________. a. Be dissatisfied with their jobs faster b. Be sick more often than others c. Be unable to solve problems cr
How many times longer is one centimeter than one millimeter
Women finally achieved the passage of the Equal Rights Amendment in the early 1980s.
Please help with this problem!!! Asap thank u so much!!!
graph each function over a one-period interval. y= -2 sec1/2x
Seeing the musher approach the sled dogs gamboled joyfully dance about the dogs yard with unbridled excitement