Realvanco Realvanco
  • 04-04-2019
  • Business
contestada

What is this simple interest of a loan for $1000 with 5% interest after three years

Respuesta :

MrDay
MrDay MrDay
  • 04-04-2019

1000 x 5 x 3= $15000/100 = $150 in simple interest

Answer Link

Otras preguntas

Geometry math question no Guessing and Please show work thank you
After three years Remington or $390 and simple interest from a CD into which she initially deposited $4000 what was the annual interest rate of the CD
What currently practiced ideology has its roots in the French Revolution?democracycapitalismMarxismsocialism
A substance of unknown mass absorbs 138 kilojoules of energy, going from 298 to 303 kelvin. if the specific heat of the substance is 7.11 j/g·°c, how much of th
What is the slope of the line that passes through points (2,-3) and (5,1)
Which of the following is NOT a type of bank account? A. cuenta de ahorros B. cuenta corriente C. cajero automático
"He who sings, prays twice". What does St Augustine mean by this statement?
A substance of unknown mass absorbs 138 kilojoules of energy, going from 298 to 303 kelvin. if the specific heat of the substance is 7.11 j/g·°c, how much of th
Which term best describes the movement of water molecules in and out of a cell
What is the probability that all the roots of x2 + bx + c = 0 are real? [0,1]?