koreybowers
koreybowers koreybowers
  • 04-05-2020
  • Mathematics
contestada


The Jones family plans to borrow $22,000 for 15 years. If the interest rate is 4.25%, how much will the family pay in interest ?

Respuesta :

squeals259
squeals259 squeals259
  • 04-05-2020

Answer:

344025

Step-by-step explanation:

20,000 x decimal multiplier

decimal multiplier = 1.0425

20,000 x 1.0425 = 20850

20850 x 15 = 344025

Answer Link
lucashartsell4
lucashartsell4 lucashartsell4
  • 12-10-2020

Answer:

140250

Step-by-step explanation:

Answer Link

Otras preguntas

EASY 5 POINTS!!!! You have a basketball trophy in your room. The ball on the trophy has a diameter of 9 inches. What is the volume of the ball? Use 3.14 for pi.
A nurse discusses ginger root with a pregnant patient who asks about the risks and benefits of using ginger root
Over the past year, a firm decreased its current assets and increased its current liabilities. as a result, the firm's net working capital:
A city is located at the following coordinates: 40°N 115°E. Based on these coordinates, which of the following is true?
One number exceeds another by 11. the sum of the numbers is 3535. what are the​ numbers?
What does a botanophile love
A tape that records one hour and 30 minutes on each side moves at cm a second through the tape player. How long, in metres, is the tape?
What is an example of the spatial analysis tradition in geography?
Sweet treats pays a constant annual dividend of $2.38 a share and currently sells for $52.60 a share. what is the rate of return?
Which one would it be