Blake1053 Blake1053

01-02-2017
Business

contestada

$1500 at 12% interest for two years

Respuesta :

mun52022 mun52022

01-02-2017

1500*.12*2= $360 in interest
Total 1860 by the end of 2 years

Answer Link

mckennasage mckennasage

01-02-2017

First, convert 12% into a decimal. 12/100 = 0.12
1500*0.12 = 180. 1500+180 = 1680.
so it's 1,680 the first year.
1,680*0.12 = 201.60
1,680 + 201.60 = 1881.6
so 1,881.60 the second year!

So answer is, $ 1,881.60

Answer Link

Otras preguntas

Chris has a recipe for a dish that serves 8 people. Chris wants to change the recipe to serve 2 people. How much baking soda eill he beed in the new recipe

Why is Africa important to the speaker in “For My Children”?

why did william penn call pennsylvania "a holy experiment"?

Janine has 3 3/4 cup of flour. She uses 1/3 of the flour to make pancakes.How many cups of flour did she use?

Blood indicators of beneficial bone activity are apparent ________ weeks after a person quits smoking

What is a characteristic of a successful budget

Hailey has a 5 foot long extension cords .she wants to know its length in inches.how many inches long is the cord?

What times what makes 192 but add together and makes 32?

Sake is made from the fermentation of: a. barley. b. fruit. c. rice. d. vegetable. e. any grain.

Que is on pic.i can't able to type in text.