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Mathematics, 23.04.2021 17:00 arteria3
Help please please will give brainlist please
Sydney borrowed $5500 from the bank to pay for her first semester of college. The loan has a simple interest rate of 6% for the length of the 5-year loan. How much interest will Sydney have paid? *
answer choices *
$165
$165,000
$1,650
$16,500
Max deposited $2300 into an account that earns 3.4% simple interest. How much interest will Max have earned in 10 years? *
answer choices *
$7,820
$3,082
$782
$10,120
Isaiah took out a 10-year, $11,000 loan to pay for repairs for his roof. He pays 2.25% simple interest. Which of the following shows the correct way to determine the interest paid? *
answer choices *
I = (11000)(2.25)(10)
I = (11000)(0.25)(10)
I = (11000)(25)(10)
I = (11000)(0.025)(10)
Heather borrowed $500 from a friend to pay for a car repair. Heather offered to pay 3% interest when she pays her friend back in 6 months. How much in interest will Heather pay her friend? *
answer choices *
$7.50
$9.00
$90.00
$75.00
USAA offers a simple interest rate of 3.5% on their savings accounts. If Kaleb deposits $3000 into an account there, how much will he have TOTAL in his account after 6 years? *
answer choices *
$6,300
$630
$9,300
$3,630
USAA offers a simple interest rate of 3.5% on their savings accounts. If Kaleb deposits $3000 into an account there, how much will he have TOTAL in his account after 6 years? *
answer choices *
$6,300
$630
$9,300
$3,630
Lance just moved near the lake and wants to purchase a boat. He borrows $8500 from the bank to help pay for it. The bank charges him 5% interest for his 4.5 year loan. What is the TOTAL amount that Lance will have to pay back to the bank? *
answer choices *
$1,912.50
$8,500
$10,412.50
$191.25
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Answers: 2
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