yhasmienerahaguilarr yhasmienerahaguilarr
  • 18-04-2024
  • Mathematics
contestada

AJ borrowed Php 4,000 for 5 years at 6% simple interest rate. How much interest did he pay?

Respuesta :

olumideolawoyin
olumideolawoyin olumideolawoyin
  • 18-04-2024

Answer:

Interest paid = Php 1200

Step-by-step explanation:

[tex]i \: = \frac{prt}{100} [/tex]

where i = interest, p = 4000, r = 6%, t = 5.

[tex]i = \frac{4000 \times 6 \times 5}{100} = 40 \times 30 = 1200[/tex]

Interest paid = Php 1200

Answer Link

Otras preguntas

Where are most faults located? And what is a fault in science terms?
why does the earth not lose its heat as quickly at night as the moon does?
one number is 6 more than another.  Their product is is 520.  Find the numbers
one number is 6 more than another.  Their product is is 520.  Find the numbers
What is 32 over 48 simplified and with what numbers
one number is 6 more than another.  Their product is is 520.  Find the numbers
What is 32 over 48 simplified and with what numbers
one number is 6 more than another.  Their product is is 520.  Find the numbers
How do you do y divided by 9=12?
What is 32 over 48 simplified and with what numbers