menu
Qammunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
A company borrows $100,000 for 5 years at a simple interest rate of 10.5%. Find the interest paid on the loan The interest paid on the loan is ? The total amount paid is ?
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
A company borrows $100,000 for 5 years at a simple interest rate of 10.5%. Find the interest paid on the loan The interest paid on the loan is ? The total amount paid is ?
asked
Jul 28, 2022
72.0k
views
3
votes
A company borrows $100,000 for 5 years at a simple interest rate of 10.5%. Find the interest paid on the loan
The interest paid on the loan is ?
The total amount paid is ?
Mathematics
high-school
Douwe
asked
by
Douwe
8.5k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
4
votes
Answer:
$52,500
$152,500
Explanation:
$100,000 * .105 = $10500
Johnozbay
answered
Aug 1, 2022
by
Johnozbay
8.0k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
No related questions found
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
answers
Other Questions
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
The cost of 5 similar digital cameras and 3 similar video cameras is 3213. Each video camera costs 4 times as much as each digital camera. John buys a digital camera and a video camera. How much does he
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity.org