ItsbeenAgatha
ItsbeenAgatha ItsbeenAgatha
  • 02-11-2021
  • Mathematics
contestada

A bank made a farmer a loan of $1,400 at 15% for three years compounded annually. Find the future value and the compound interest paid on the loan. Compare the compound interest with simple interest for the same period?

Respuesta :

2027177
2027177 2027177
  • 02-11-2021

Answer: The principal amount is P=$1000P=$1000. •

Step-by-step explanation:

Answer Link

Otras preguntas

Can some one help me with 19 and 20
A sociologist wants to study popular attitudes and perceptions about astrology among college students in california. she believes that people who have astrologi
What was the northern strategy to win the civil war?
A jar contains 5-gram bolts and 10-gram bolts. the contents of the jar weigh 3.8 kg. if there are 460 bolts, how many 10-gram bolts are there in the jar? (conve
Consider a bundle of 325 brownies and 300 cookies. How do we label this production bundle? A. Inefficient B. Efficient C. Impossible
Hope someone can help with this
Q # 10 please. help me. to resolve
If calcium carbonate (CaCO3) decomposes, what would the product of the reaction be?
Can someone help me find the answer and find out how to get the answer for X, Y, T, W, and Z
Convert 95 minutes into hours. (answer in decimal form and round to the nearest tenth.)