garrorosaoxocci garrorosaoxocci
  • 04-02-2020
  • Mathematics
contestada

The simple interest due on a six month loan of $2500 is $125. What is the monthly payment of the loan?

Respuesta :

DevonFen DevonFen
  • 10-02-2020

The monthly payment of the loan is  =$ 437.5

Step-by-step explanation:

Given , the simple interest due on a six month loan of $2500 is $125.

Total amount he paid =$ (2500+125)

                                    =$2625

The monthly payment of the loan is =$(2625÷6)

                                                                =$ 437.5

Answer Link

Otras preguntas

CH3CH(C2H5)(CH2)2 c(CH3)2 c(C2H5)2CH3 tentukan rantai utama dari senyawa karbon?
what are some non examples of density
the unit for energy is the
Which responsibilities were assigned to the federal government under the Articles of Confederation? a.taxing goods and services b.maintaining a militia c.drawi
a farmer has one square field of land if he divides his land into square fields that are one third long and one third wide how many fields does he have
What is the period of the function y=3/2cot(3/5x)+5
A line that passes through point (3,7) and has a slope of 3/4. The equation of the line is ? If point a(x,5) lies on the line , the value of x is ?
When was world war 1
Which of these strategies ensures soil quality for the next growing season? digging irrigation canals using crop rotation enclosing animals in fences findin
Susana tiene trece años. Isabel tiene diez y siete años.