tootie9806 tootie9806

01-05-2021
Mathematics

contestada

María Rodriquez Single-payment loan of $1,000 Interest rate of 7% Ordinary interest for 108 days What is the interest owed? What is the maturity value?

Respuesta :

handerson7 handerson7

02-05-2021

Answer:

$1,020.71

Step-by-step explanation:

Solving the equation:

A = 1000(1 + (0.07 × 0.29589)) = 1020.7123

A = $1,020.71

Answer Link

Otras preguntas

What is the mole fraction of water in 200g of 95% (by mass) ethanol, C2H5OH? C2H5OH= 46g/mol

Which Texan served as secretary of the Treasury Department in the early 1990s? A. Mickey Leland B. George W. Bush C. Lloyd Bentsen D. Tom Delay

What is the product of the polynomial below? (8 - x2)(x - x3) A.x5 - 9x3 + 6x B.x5 + 9x3 + 6x C.x5 + 9x3 + 8x D.x5 - 9x3 + 8x

Propose a situation where friction is undesirable.

Which leader in the Civil Rights movement made this statement? This is the twenty-seventh time I have been arrested - and I ain't going to jail no more! We been

how do you do square roots totem pole

If you're standing on the beach looking out at the ocean as far as you can see, where's your zenith? a) on the local horizon B)straight over your head C)

The Fourth Crusade was launched by the

which action is an example of poor sportsmanship

What is 1/7 times 5 in fraction form