Chris shopper received a $1,000 discount loan to purchase a washer and dryer. the loan was offered at 12% for 120 days. what are the proceeds? $40.00 $144.00 $960.00 $1,440.00

The correct answer is 960.

Step-by-step explanation:

120/360=0.333

Remember to use 360 because a bank year is 360 days.

Then you use the interest formula:

I= P×R×T

I=1000×0.12×0.333

39.99=I

Now take 1000 because your principal is 1000, and subtract that from 1000

1000-39.99=960

this shows a reflection over the x-axis and is translated one unit down and 6 units to the right (x + 6, y - 1)

hope this !

~just a girl in love with shawn mendes

the answer is:

the answer is:

to solve the problem, we need to remember the quotient of power property, it's defined by the following relation:

if we have a quotienf of powers that have the same base, we need to keep the same base and subtract the exponent of the denominator power to the exponent of the numerator power.

so, we are given the expression:

then, calculating we have:

hence, the answer is:

have a nice day!