Kyle took out a seven-year loan of $8,000 loan from his bank. The bank charges an interest rate of 5 percent, compounded yearly. Kyle wants to know the total amount he will have to pay back.
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Kyle took out a seven-year loan of $8,000 loan from his bank. The bank charges an interest rate of 5 percent, compounded yearly. Kyle wants ...” 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
Haley is twice as old as Riley. The sum of their ages is 39. Write an equation that represents (x), Riley's age.
Answers (2)
A cats catnip toy is on sale for 10 percent off the regular priceof 3.30 find the sale price
Answers (1)
What is the repeating decimal 0.242424 ... as a fraction in simplest form?
Answers (1)
Janelle made a fruit cake using bananas and apples. Forty percent of fruits are bananas. If she used a total of 120 fruits, how many apples should she use
Answers (1)
The same charity organization from problem 6 has to pay $4,700 for the banquet hall as well as $110 per plate for each ticket sold. What equation models the total amount spent as a function of the number of tickets sold?
Answers (1)
New Questions in Mathematics
8 22/66 in lowest terms
Answers (1)
The exponential function y (x) = ce^ax satisfies the conditions y (0) = 2 and y (1) = 1. find the constraint of c and a. what is y (2) ?
Answers (1)
Ten children equally share 60 almonds. How many almonds will 5 children get?
Answers (2)
The game of European roulette slots: 18 red, 18 black, and I green. A ball is spun onto the wheel and will eventually land ina slot, where each slot has an equal chance of capturing the ball. Gamblers can place bets on red or black.
Answers (1)
What is the equation for an arithmetic sequence with a first term of 6 and a second term of 2?
Answers (1)