koiryrubio koiryrubio
  • 02-12-2017
  • Mathematics
contestada

Mia borrowed 5,000 from her grandparents to pay college expenses. She pays them $125 each month, and simple interest at an annual rate of 5% on the remaining balance of the loan at the end of each year. For how many years will she pay interest?

Respuesta :

Sierraa396
Sierraa396 Sierraa396
  • 02-12-2017
25×12=300 for the year
5000-300=4700

5%×4700=235
235÷25=9.4
Answer Link

Otras preguntas

join me to watch anime​nvc-myxe-vhc
................. can kids learn from TV? A. Where B. What C. When D. Who
What is 12x12 inch Square and 3/4 inch pixels?
Find the value of x to the nearest tenth. *Will Give Brainliest*
WILL GIVE BRAINLIEST ASAP
Select the question that best completes this conversation between friends. Lisa: ____________________ Roberto: Me va regular.
A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $58; Second purchase $69; Third purchase
Do you agree or disagree with the following statement? "Watching TV is a waste of time for children". Write a paragraph of about 150 words to express your opini
Find the area in the right tail more extreme than z=0.93 in standard normal distribution, rounded to three decimal places.
1 simplify 6x64 ÷ 16 +7-21​