Mr. Sprocket borrows $3,500 from his bank to buy a used car. The loan has a 7.4% annual simple interest rate. If it takes Mr. Sprocket two years to pay back the loan, what is the total amount he will be paying?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Mr. Sprocket borrows $3,500 from his bank to buy a used car. The loan has a 7.4% annual simple interest rate. If it takes Mr. Sprocket two ...” 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
What equivalent fraction of 7/10
Answers (2)
If Jack gets lost and he walks a mile a day, how many days would it take him if he is 10 miles away?
Answers (1)
Marie has a small copy of Rene Magritte's famous painting, The Schoolmaster. Her copy has dimensions 2 inches by 1.5 inches. The scale of the copy is 1 in.:40 cm
Answers (1)
The mean of a set of 5 numbers is 7. a) What is the sum of the numbers? b) If the number 1 is added to the list, what is the new sum of the numbers? c) What is the mean of the new list of numbers?
Answers (1)
Use the associative property to find more factors of 12 and 30
Answers (1)
New Questions in Mathematics
An exponential function is expressed in the form y=a*b*. The relation represents a growth when
Answers (1)
In 2000 the population of a district was 750,000. With a continuously compounding growth rate of approximately 4%, what will the population be in 2025?
Answers (1)
26.35 rounded to the nearest hundred
Answers (1)
What is 1/5 out of 40
Answers (2)
Choose the best answer to explain whether the question is statistical or not statistical. How far from work do all the employees live?
Answers (1)