Ask
your own question, for FREE!
Mathematics
20 Online
OpenStudy (anonymous):
Daniel borrowed $8,000 at 6% interest for 10 years. What was the total interest
Still Need Help?
Join the QuestionCove community and study together with friends!
OpenStudy (hanner_b_nanner):
$8,000x6%(0.06)= $480... So, how much for 10 years? $480x10=$4,800
OpenStudy (anonymous):
I=prt $4,800 is correct
OpenStudy (solomonzelman):
is it compound interest or simple interest, if compound how many times per year is it compund?
OpenStudy (hanner_b_nanner):
it would be simple interest, because the rate stays the same over the period of the 10 years.
OpenStudy (solomonzelman):
the rate is not by how much the invested sum has been increased, it's the % of interest gained, but I see what you meant.
Still Need Help?
Join the QuestionCove community and study together with friends!
OpenStudy (hanner_b_nanner):
okk:))
Can't find your answer?
Make a FREE account and ask your own questions, OR help others and earn volunteer hours!
Join our real-time social learning platform and learn together with your friends!
Join our real-time social learning platform and learn together with your friends!
Latest Questions
Twaylor:
how to make good breakfast food ingredients : 1 mother flat bread bananas peanut
lovelove1700:
u00bfA quu00e9 hora es tu clase?Fill in the blanks Activity unlimited attempts left Completa.
glomore600:
find someone says that that one person your talking to doesn't really like you should I take their advice and leave or should I ask the person i'm talking t
Addif9911:
Him I dimmed the light that once felt mine, a glow I never meant to lose. I over-read the shadows, let voices crowd the room where only two hearts shouldu20
EdwinJsHispanic:
Poem to my mom who proved my point "You proved my point, I am a failure. but I kinda wish, you were my savior.
Wolfwoods:
The Modern Princess "you spoke so softly to me, held me close when no one else did, loved me in a way no one else dared to.
Wolfwoods:
The Pain Of Waiting "The short story would be that we fell in love, you left and I continued to wait for you.
Twaylor:
how to make good breakfast food ingredients : 1 mother flat bread bananas peanut
49 minutes ago
0 Replies
0 Medals
lovelove1700:
u00bfA quu00e9 hora es tu clase?Fill in the blanks Activity unlimited attempts left Completa.
15 minutes ago
2 Replies
0 Medals
glomore600:
find someone says that that one person your talking to doesn't really like you should I take their advice and leave or should I ask the person i'm talking t
22 hours ago
5 Replies
0 Medals
Addif9911:
Him I dimmed the light that once felt mine, a glow I never meant to lose. I over-read the shadows, let voices crowd the room where only two hearts shouldu20
2 days ago
4 Replies
0 Medals
EdwinJsHispanic:
Poem to my mom who proved my point "You proved my point, I am a failure. but I kinda wish, you were my savior.
2 days ago
6 Replies
2 Medals
Wolfwoods:
The Modern Princess "you spoke so softly to me, held me close when no one else did, loved me in a way no one else dared to.
3 days ago
11 Replies
3 Medals
Wolfwoods:
The Pain Of Waiting "The short story would be that we fell in love, you left and I continued to wait for you.
3 days ago
7 Replies
2 Medals