mexicanmemes2021 mexicanmemes2021
  • 03-12-2021
  • Mathematics
contestada


Vidal borrows $25,000 from the bank to fund his college education. The interest rate is
6.8%. How much interest will he accrue over four years?

Respuesta :

ewomazinoade ewomazinoade
  • 09-06-2022

The amount of interest he would accrue over the four years is $6800.

What is the interest?

Interest is the cost of borrowing. It is the amount of money that the borrower pays the lender for use of his funds.

Interest = amount borrowed x interest rate x number of years

25,000 x 4 x 0.068 = $6800

To learn more about interest, please check: https://brainly.com/question/26164549

#SPJ1

Answer Link

Otras preguntas

please answer...............​
Which one of the following choices is an organization that verifies qualifications of dog trainers?a) AVMAb) AVBTc) APDTd) NADOI
how to prove that [tex] \cos( \alpha ) = \frac{1}{2} ( {e}^{i \alpha } + {e}^{ - i \alpha } )[/tex]​
Anyone plz help me, plz show the working. THANK YOU SO MUCH!
What property is used to rewrite (x + 2)(y + 4z) as y(x +2) + 4z(x + 2)? Associative Property of Addition Commutative Property of Addition Distributive Property
Can anyone help please! Ixl geometry
Your secondary servers have not been able to contact your primary server to synchronize information. How long will the secondary servers attempt to contact the
Juan: - A mí no me gustan las películas de horror, ¿y a ti? Pedro: -Amí O A. nunca O B. tampoco OC. también O D. nada
What is one purpose of alogorihm​
Suppose we have 100 g of each of the following substances. Which sample contain the greatest number of moles (F.W. = Formula Weight) A. HCI, F.W. = 36.5 B. H_2O