ItsbeenAgatha ItsbeenAgatha

02-11-2021
Mathematics

contestada

A bank made a farmer a loan of $1,400 at 15% for three years compounded annually. Find the future value and the compound interest paid on the loan. Compare the compound interest with simple interest for the same period?

Respuesta :

2027177 2027177

02-11-2021

Answer: The principal amount is P=$1000P=$1000. •

Step-by-step explanation:

Answer Link

Otras preguntas

the form of city government merges executive and legislative functions in single group of officials

what were National and State Bank policies in the 1830's contributed to?

21.) Which best describes the antecedent in the sentence? Mr. Walker helped Larry with his Latin lessons, but he had to leave early. A. clear B. missing, unc

what elements are involved in hydrogen bonding

what is the largest prime factor of 34

How does the value of the 8 in 589,310 compare to the value of the 8 in 598,301? A. It is 8 times as much B.It is 10 times as much C. It is 80 times as much

why do people join interest groups?

what does ich hoffe, dass Sie und Ihre Familie geht es gut

what does ich hoffe, dass Sie und Ihre Familie geht es gut

what is 20/7 as a mixed number what is 9/4 as a mixed number what is 22/5 as a mixed number what is4/3 as a mixed number