jdj8402 jdj8402

04-02-2021
Business

contestada

My cousin borrowed $18000 for new car loan for 6 years he told me that at the end of the loan he pained $25560 for interest and principal what was the rate of the loan

A 7% b 8% c 9% d 9%

Make you the brainlist if you answer

Respuesta :

04-02-2021

Answer:

7%

Explanation:

R = (1/T)(A/P-1)

R = (1-6)((25560/18000)-1)

R = .07

R = 7%

Answer Link

Otras preguntas

170000 in scientific notation

Light in vacuum travels at a speed of 3.00 x 10^8 m ^-1 s^-1 on average earth is 93,000,000 miles from the sun how many minutes does it take sunlight to reach

Charlie runs at a speed of 3 yards per second. About how many miles per hour does Charlie run

My daugher is trying to Solve -7.8x=-1.56

There is 27 campers. This is nine times as many as the number of counselors. how many counselors are there?

Please help. What is the value of the expression when a = 3 and b = 2? 3a^3 + 2b^3A.78 B.97C.135 D.745

factor completely: 6m^2 - mn - 12n^2

During the California Gold Rush of the 1850s, some Americans in the eastern part of the United States reached California by sailing all the way around South Am

Simplify square root of 72

How do I solve the equation 6=-w/8