G1reenKeyez2160 G1reenKeyez2160

01-08-2017
Mathematics

contestada

Sum of $12000 from a financing company for 3 years at 15% per annum. What is the total interest he paid in 3 years

Respuesta :

TheRealCutlass TheRealCutlass

01-08-2017

So there are many factors to this, but lets assume the basics:

-He made equal payments every month for 36 months

assuming that is true, the answer is $2,975.42

Assuming that is NOT true and he made NO monthly payments at all and at the end paid the entire balance, the interest would be $6,250.50

Answer Link

capdagod capdagod

01-08-2017

The answer to this question would be

Answer Link

Otras preguntas

2. The energy of a photon that has a wavelength of 12.3 nm is _______ J. A) 2.72 x 10^-50 B) 1.62 x 10^-17 C) 4.42 x 10^-23 D) 1.99 x 10^-25 E) 1.51 x 10^-17

13. A local school has 20 classes with 40 students in each class. How A many students are there in the school? students

please help really need it. will give extra brainliest.

A eraser has a mass of 4g and a volume of 2cm3 what is it’s density

P(-4,3) and Q(0,5) find the coordinates of the midpoint M

What physical feature is common in both the Great Plains and the Coastal Plains regions of Texas? Lack of water resources Lack of water resources Cold winters a

please help me :((( it’s geometry

Alternate interior angles are _______ when lines are _______

9. There are 40 minutes to solve a test of 60 questions. A student completes 20 questions in 20 minutesHe continues with the same speed and leaves the hall 10 m

−6−1.5(4b+8)=3(−6−2b)