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2 years ago

5

Suppose you borrowed $15,000 at a rate of 11.1% and must repay it in 5 equal installments at the end of each of the next 5 years

. How much interest would you have to pay in the first year?

1 answer:

Elodia [21]2 years ago

3 0

Answer:

The answer is $1,665.

Step-by-step explanation:

<h2>$15,000 x 0.111 (11.1%) = $1,665 x 5 = $8,325 ÷ 5 = $1,665</h2><h2> </h2><h2 /><h2 />

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2 years ago

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Murljashka [212]

Answer:

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1 year ago

Which is greater 3.6 m or 36 cm?

WARRIOR [948]

Answer:

36

Step-by-step explanation:

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2 years ago

Read 2 more answers

If q is inversely proportional to r squared and q=30 when r=3, find r when q=1.2

beks73 [17]

Answer:

r = 3

Step-by-step explanation:

q = k / $r^{2}$

k = q $r^{2}$ = 1.2 x 3 x 3 = 10.8

q = 10.8/ $r^{2}$

1.2 = 10.8/ $r^{2}$

r = $\sqrt{10.8 /1.2}$ = 3

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1 year ago