Ask a New Question

Asked by I NEED HELPPP

How much is owed after 3 years on a $300 loan if the rate of simple interest is 5%?
4 years ago

Answers

Answered by oobleck
300(1 + 0.05*3)
4 years ago
There are no AI answers yet. The ability to request AI answers is coming soon!

Submit Your Answer


We prioritize human answers over AI answers.

If you are human, and you can answer this question, please submit your answer.

Related Questions

what is the amount owed on a 39$ jacket if the tax rate is 5% What is taxable owed? What is the interest owed if the principle is 56,950. at 11 4/5 % interest for 155 days, using the 3... Money owed A. Assets B. Audit C. Liabilities D. Capital C in 2nd year Adam owed $ 977.53, in the 3rd year he owed $ 1036.18 and in the 4th year he owed $1098... a bank is owed $123 in interest on each of 24 customers loans. would this be best represented as a p... marisol owed $384 in interest after a 24 month loan with a simple interest rate of 8.09%. What was t... Yang owed two credit cards with balances of $7,500 and $3,500. The card with the $3,500 balance ch... Amount Owed (dollars) 1000 900 800 700 600 500 400 300 200 100 Laptop Loan Number of Wee... The table shows the fine owed for an overdue library book according to how many days it is overdue....
Submit Your Answer

Question

How much is owed after 3 years on a $300 loan if the rate of simple interest is 5%?

Ask a New Question
Archives Contact Us Privacy Policy Terms of Use