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 best Latin translation for "I dedicated"?

The height of Mount Everest is times the height of a waterfall.

According to Newton's Second Law of Motion, why would you not want to drive a regular car during a race on a racetrack?

Two major problems caused by Urban growth:

geometry study guide help!

how do photoynthesis and cellular respiration work together to make ecosystems function?

PLS HELP DUE TONIGHT!!! 30 POINTS

What are some freedoms you receive in America that aren’t freedoms in every country?

To help their patients, psychologists seek to control them, that is, to make the patient conform to behavioral standards set up by the psychologist. true or fal

You and your friend are playing moving catch with motorized catapults, where you move towards each other while passing a ball back and forth. If you are moving