Mathematics, 09.11.2020 04:00 unknownroses
A restaurant borrows $19,700 from a local bank for 8 months. The local bank charges simple interest at an annual rate of 2.45% for this loan. Assume each month is 1/12 of a year. Answer each part below.
Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the list of financial formulas.
(a) Find the interest that will be owed after 8 months.
$
(b) Assuming the restaurant doesn't make any payments, find the amount owed after 8 months.
Answers: 1
Another question on Mathematics
Mathematics, 21.06.2019 14:40
The coordinate grid shows points a through k. which points are solutions to the system of inequalities listed below? 2x+ ys 10 2x 4y < 8 oa c, d, k o e, f. g, j oa, c, d, h, k oe, f. g, h, j
Answers: 3
Mathematics, 21.06.2019 20:30
Aregular pan has a length that is 4/3 the width. the total area of the pan is 432in.2. what is the width of the cake pan?
Answers: 1
Mathematics, 21.06.2019 23:20
Triangle xyz, with vertices x(-2, 0), y(-2, -1), and z(-5, -2), undergoes a transformation to form triangle x? y? z? , with vertices x? (4, -2), y? (4, -3), and z? (1, -4). the type of transformation that triangle xyz undergoes is a . triangle x? y? z? then undergoes a transformation to form triangle x? y? z? , with vertices x? (4, 2), y? (4, 3), and z? (1, 4). the type of transformation that triangle x? y? z? undergoes is a .
Answers: 2
You know the right answer?
A restaurant borrows $19,700 from a local bank for 8 months. The local bank charges simple interest...
Questions
History, 24.06.2019 01:30
Mathematics, 24.06.2019 01:30
