Daphne3130go Daphne3130go

Business

Answered

Damon convinced his aunt to lend him $6,900 to purchase a plasma digital TV. She has agreed to charge only 12 percent simple interest, and he has agreed to repay the loan at the end of one year. How much interest will he pay for the year

Answer :

Manethogo Manethogo

Answer:

444

Explanation:

Simple Interest for a year can be calculated using

I = PRT/100

P= Principle amount

R= percent simple interest

T= time

(3700)(12)(1)/100 = 444

Answer Link

Go Teaching: Other Questions

Which Of The Following Identifies The Central Idea Of The Text? A. The Great Depression Was A Very Difficult Time For America

W=-2, X = 3, Y=0, Z= -1/2 Y²-w²/xz

If S = [tex]\frac{n}{2}[/tex](a + L), Find N When, S= 640, A = 25 And L = 39

Please Solve Quickly 

X - 20 Is Greater Than Or Equal To -11

What Is The Answer To This Question

In A Parallel Circuit With 4 Lights, why Will The Other Lights Work even If One Of The Bulbs Goes Out? A. Because Each Light Has Its Own Complete Path for The E

I've Spoken To A Boy ___father Died Of Cancer Last Week

Statement And Recommendations On The Issue Of Human Rights Violations To The Government

Which Word Best Fits The Blank In The Sentence Below? Forgetting To Do Your Homework _______ Excuses You From Not Turning It In On Time. A. hardly B. hardest

List The Seven Sacraments. Choose Two Sacraments And List What Is Common To Both Sacraments And What Is Unique About Each

4 /5 + 3 /15 - 2 /3 =???????