krodriguez68 krodriguez68
  • 24-09-2021
  • Mathematics
contestada

Thang decided to borrow ​$3000 from his local bank to help pay for a car. His loan was for 3 years at a simple interest rate of 5​%. How much interest will Thang​ pay?

Respuesta :

tornado247zls tornado247zls
  • 24-09-2021

Answer:

$450

Step-by-step explanation:

x/3000 = 5/100 (Cross multiply)

100x = 3000(5)

100x = 15000

100x/100 = 15000/100

x = 150

150(3) = 450

Answer Link

Otras preguntas

Jonas cut a piece of rope into 6 pieces that were each 5 3/8 inches long how long was the original piece of rope?
proper adjective for Greece
a parent with type AB blood could not produce a child with type ? A.B B.A C.O D.AB
according to Carnegie what were the revolutionary changes that made it possible for the poor to enjoy what the rich could not before afford?
Hey tiger has a mass of 34 KG and runs with a speed of 8.5 m/s what is the Connecticut Energy of the tiger?
who conquered Quebec
Use the term "concentration" in a sentence about liquids that conveys its meaning. (9 points)
where can light travel but not sound
Could 14/25 be simplfiyed
please someone help me and explain this question to me (the last question starting with a straw)