subject
Mathematics, 03.10.2021 19:50 garyyunga2002

A restaurant borrows $19,700 from a local bank for 4 months. The local bank charges simple interest at an annual rate of 2.45% for this loan. Assume each month is 112 of a year. Answer each part below. (a)Find the interest that will be owed after 4 months.

(b)Assuming the restaurant doesn't make any payments, find the amount owed after 4 months.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 12:50
In which source of water would a wave travel the fastest? o ice o cold o room temperature o hot mark this and return save and exit next
Answers: 2
question
Mathematics, 21.06.2019 14:30
Acable company wants to provide cell phone service for residents on an island. the function for the cost of laying the cable from the island to the mainland is c(x)= 6.500 square root x2+4, where x represents the length of the cable in feet. what are the domain and range of the function? a) domain: all real numbers range: all real numbers greater than or equal to 17,000 b) domain: all real numbers greater than or equal to 0 range: all real numbers greater than or equal to 17,000 c) domain: all real numbers greater than or equal to 0 range: all real numbers greater than or equal to 13,000 d) domain: all real numbers greater than or equal to 13,000 range: all real numbers greater than or equal to 0
Answers: 3
question
Mathematics, 21.06.2019 18:30
Iwill give ! if m∠a=59 and m∠3=81°, what is m∠b? m∠b= _[blank]_°
Answers: 2
question
Mathematics, 21.06.2019 21:20
If the value of cos330°is√3/2 then find cos 165°.
Answers: 2
You know the right answer?
A restaurant borrows $19,700 from a local bank for 4 months. The local bank charges simple interest...
Questions
question
Mathematics, 14.04.2020 23:25
question
Mathematics, 14.04.2020 23:25
Questions on the website: 13722367