Bill takes a loan of $9,000.00 at a 8% simple interest rate for 6 years.
a. How much interest will he pay after 2 years?
b. How much interest will he pay in total for the loan?
A. $720.00; $3,600.00
B. $1,408.00; $4,224.00
C. $36,000.00; $12,000.00
D. $1,440.00; $4,320.00
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Bill takes a loan of $9,000.00 at a 8% simple interest rate for 6 years. a. How much interest will he pay after 2 years? b. How much ...” 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
A snail is traveling at a rate of 1.5 feet per minute. a. Write the rate in feet per second. b. Write the rate in feet per hour
Answers (1)
9. Stephanie swam 5/8 of a lap in the morning and 1/3 of a lap in the evening. How much further did she swim in the morning than the evening?
Answers (1)
Two rectangles have corresponding sides in the ratio of 3 : 4. The larger rectangle has one side measuring 6 inches. What is the measure of the corresponding side in the smaller rectangle? a. 4.5 in c. 12 in b. 8 in d. 18 in
Answers (1)
What is the difference between 450.2 and 6.957
Answers (1)
Abigail made a quilt that has an area of 4,800 square inches. The length of the quilt is 1 and 1/3 times the width of the quilt. What are the dimensions of the quilt?
Answers (1)
New Questions in Mathematics
At president Obama's inauguration in 2013, the newspaper headlines stated there were about 800,000 people in attendance.
Answers (1)
1.02 X 10^2 8.54 X 10^-3 6.83 x 10^-4 9.12 X 10^-6
Answers (1)
Solve the equation, round the answers to two decimal places. 4=e^0.08t
Answers (1)
What is the solution 1/2x=5/6
Answers (2)
3ab^5 (11a^2-2ab+5b^2) =
Answers (1)