alsoveliz03 alsoveliz03
  • 01-05-2021
  • Mathematics
contestada

The amount of interest accrued on
a $7,000 loan with 6% interest after t years.

Respuesta :

samuelonum1
samuelonum1 samuelonum1
  • 06-05-2021

Answer:

$420t

Step-by-step explanation:

Given data

Principal= $7000

Rate= 6%

Time= t years

The expression for the amount is

Simple interest= PRT/100

Sustitute

Simple interest= 7000*6*t/100

Simple interest= 42000t/100

Simple interest= 420t

Hence the amount after t years is $420t

Answer Link

Otras preguntas

please help on this one?
How did the powers of the Supreme Court and federal law extend by significant court cases during the 1800's
What are 6 major forms of direct marketing?
Moving a neutral wire in a(n) ____ field will induce a(n) _____. A. electric; current B. magnetic; current C. electric; magnetic field D. magnetic; electric fie
What is the number????
Please select the word from the list that best fits the definition ocean current that cools the West Coast of the United States
PLEASE HELP ASAP!! Excerpt from George Gray Edgar Lee Masters I have studied many times The marble which was chiseled for me-- A boat with a furled sail at re
Jane paid $40 for an item she received a 20% discount. Janes friend says this means that the original price of the item was $48
You have a total of 35 coins, all nickels ($0.05) and quarters ($0.25). The total value is $5.75. Find the number of nickels, n, and quarters, q. Show work fo
What direction do the Sun, Moon, and stars appear to move in the sky?