Vince borrows $900 to buy a couch. He will pay off the loan by paying 1.5% simple interest for 2 years. Vince incorrectly calculates the amount he will pay back using the expression below. 900 + 900 (1.015 • 2) What is the correct amount Vince will pay back altogether? Explain the error in Vince's expression.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Vince borrows $900 to buy a couch. He will pay off the loan by paying 1.5% simple interest for 2 years. Vince incorrectly calculates the ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
In 2016, the population of the United States was approximately 325 million people, with an annual growth rate of approximately 0.7%.
Answers (1)
Students in a statistics class participated in a project in which they attempted to estimate the true mean height of all students in their large high school. The students were split into 4 groups.
Answers (1)
What is the solution to this equation 5/6x = - 1/6
Answers (1)
A loan has a due date of November 20. If it is made on August 21, for how many days is the loan?
Answers (1)
For every 5 coins carmen gets, she gives 2 to her brother frank. if carmen has 9 coins, how many does frank have?
Answers (1)
New Questions in Mathematics
What is the sum 3/4+5/16 A) 14 16 B) 17 16 C) 53 16 D) 7 16 those are fractions btw
Answers (2)
How do you solve 27:1620
Answers (1)
Which statements are true fir the following expression (10-2) * (8+7)
Answers (2)
The area of a regular octagon is 25 cm2 what is the area with the sides five times as large
Answers (1)
What best explains an algebraic expression
Answers (1)