lovinglifeforever123 lovinglifeforever123

12-12-2015
Mathematics

contestada

An X-ray machine for animals costs$125,000. If the loan is for 10 years, an the interest paid is $65,625, what is the interest rate on the loan

Respuesta :

12-12-2015

The answer is 5.25%.

$65,625/10yrs=$6,562.50 per a year.

6,562.5/125000= .0525 which translates to 5.25%.

Answer Link

Otras preguntas

Which best describes the purpose of a controlled experiment?

2. Discuss, in detail, three things that we can learn from fossils.

A cola company wants to test their cola against their biggest competitor's cola. They decide to randomly sample 150 people. The results from their survey show

what is the product (2x-1)(x+4)

Which set of numbers can represent the lengths of the sides of a right triangle? Round to the nearest whole number. 4, 4, 4 4, 6.93, 8 11.2, 16.2, 19.2

Contributing ideas, helping problem solve, and participating in the discussion is the role of the _____ in a peer review group. note-taker timekeeper particip

Select the equation of the line that passes through the point (2, 6) and is perpendicular to the line x = 4. y = 4 y = 6 x = 6 x = 2

Which monomials are perfect cubes? Check all that apply. 3x3 8x12 27x9 100x3 125x5

When rocks break down because of chemical reactions it is called

What type of forest would you find south of spruce? A. oak B. palm C. spruce