evanthesmartest89 evanthesmartest89

30-09-2021
Mathematics

contestada

Edgar takes out a loan of $5,540, to be repaid over 7 years at 8.5% simple interest. How much interest will Edgar have to pay on the loan?

Respuesta :

30-09-2021

Answer:

$3,296.30

Explanation:

Answer Link

Otras preguntas

A 16-year-old entered into a written agreement to buy a car from a dealership. He made a small down payment and took out a loan from the dealership for the rema

FILL THE BLANK. A firm evaluates all of its projects by applying the IRR rule. The required return for the following project is 21%. The IRR is _______ and the

Blossom Company has the following year-end account balances on November 30, 2021: Service Revenue $37,000; Insurance Expense $2,700; Rent Expense $8,100; Suppli

Once a garment has been made, it is delivered to one of Sasha's own warehouse and then shipped sells out quickly. The empty shelves in Sasha stores create a sca

journal entries and posting to ledger trial balance p&l account and balance sheet 12. Depreciation on Equipment 10% per annum. 13. Car is purchased $2500 an

What system is used to coordinate flow of materials, products, and information between supply chain partners to reduce duplication and redundancy? (2 mark) What

Why do you believe it is important for Governments to focus on Geo-Hazards? Justify your response with the use of examples from the Caribbean. Select an area wi

Calculating Future Values [LO1] Your coin collection contains 47 1952 silver dollars. If your grandparents purchased them for their face value when they were n

dy ex sinx = dx' x√x²+1 [6] 2.1. Find the points on the graph of f(x) = 8x x²+1' where the tangent line is horizontal. [5] 2.2. 7 2.3. Find the point where the

At what yearly interest rate, compounded half-yearly, should Mary invest R20 000 to have R28 000 available after 30 months? Give the answer rounded to two decim