princessk8pants princessk8pants
  • 02-03-2018
  • Mathematics
contestada

ms.black paid $32 intrest at the rate of 8% on a loan of $200. For how long was the loan?

Respuesta :

jdoe0001 jdoe0001
  • 02-03-2018
[tex]\bf~~~~~~ \textit{Simple Interest Earned}\\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\to &\$32\\ P=\textit{original amount deposited}\to& \$200\\ r=rate\to 8\%\to \frac{8}{100}\to &0.08\\ t=years \end{cases} \\\\\\ 32=200(0.08)t\implies \cfrac{32}{200(0.08)}=t[/tex]
Answer Link

Otras preguntas

A book costs $14.00, plus an 8.5% sales tax. How much will the sales tax be? ​
How does Lincoln put responsibility for the war on the southern states?
DIFERENCIAS ENTRE EL CONCEPTO DE ESTADO Y GOBIERNO
What is the midpoint of the set of points (6,-3) (8,5)
what is the answer to this?
Why don't legumes need nitrogen-containing fertilizers? Why is nitrogen so important for living things?
Round 13.416 to the place named. hundredths The rounded number is
Complete the following sentence: How much you pay in taxes depends on _________________________.
2. Magnesium (Mg) can be described as a bright silver metal that is malleable at room temperature, conducts heat and electricity, and is combustible in the pres
what did african americans first control after the civil war?