raionnaraglin
raionnaraglin raionnaraglin
  • 03-03-2021
  • Mathematics
contestada

Nate borrows $300 to buy a smartphone. He is charged 5% simple interest per year.



How much interest, in dollars, will Nate pay after 2 years?

Respuesta :

Аноним Аноним
  • 03-03-2021

Answer:

He is charged 5% simple interest per year. How much interest, in dollars, will Nate pay after 2 years? The interest after 2 years will be 0.05*300*2 = 30 dollars.

Answer Link

Otras preguntas

What type of triangle is shown below?
A store purchased a DVD for 12.00 and sold it to the customers for 50% more than the purchase price. The customer was charged a 7% tax when the DVD was sold. Wh
Help with question 9 I don't get it
On a particular Sunday an art museum had 285 visitors and that was 20% of the total number of visitors for that week how many total visitors did the art museu
which title is most accurate for this timeline?
Which power source is the best option for the city to use in order to comply with the restrictions listed?
which word most accurately describes Roy?
Write the equation in standard form for the circle x2+y2–36=0
A skier is skiing down a slope on the mountain. Is the mechanical energy conserved? Why or why not?
Helmet please explain