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 historical event do Americans celebrate on the Fourth of July? 1.Official signing of the Declaration of Independence 2.George Washington's birthday 3.The f

The withdrawal of eleven Southern states from the Union in 1860 which precipitated the American Civil War 1860 Election Secession Populism Dawes Act

what is the dot in i called?

What was manorial system

Which two U.S. presidents were impeached?

The point where the two axes intersect (0,0).

This US national park covers 270 square miles, and 95% of it is underwater. Divers and snorkelers explore its shipwrecks and a bright coral reef, home to reef

The belief that the U.S. should extend all the way to the Pacific Ocean because it was God's will Spoils system Harriet Tubman Manifest Destiny Dawes Act

This is inverse functions...any help on 3aii?

Which poem-turned-song, written by Katharine Lee Bates, was originally called “Pikes Peak” and describes our country’s natural splendor and the patriotism of i