Ask a New Question

Asked by Anonymous

Question
Find the amount paid for the loan.

$1500 at 9% for 2 years
3 years ago

Answers

Answered by mathhelper
at compound interest:
amount = 1500(1.09)^2 = ...

at simple interest
amount = 1500 + 1500(.09)(2) = ....
3 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

Find the amount paid for the loan. $2400 at 10.5% for 5 years Find the amount paid for the loan. $1500 at 9% for 2 years $___ Find the amount to be paid back on 500 for 2 weeks at 100 interest what is the amount to be paid if compound interest is calculated on 500.00 for 2 years at 10% What amount must be paid to settle an invoice of $1200 dated Nov.28 , terms 3/10, n/30 if the invoic... Determine the amount to be paid within the discount period for purchase with an invoice price of $7,... The total amount under a paid for 3 kilo of rice and 2 kilo of fish is less than 400 pesos suppose a... the total amount of jurene paid 5 kilos of rice and 2 kilos of fish is less than php 600. What mathe... 3.the total amount Jurene paid for 5 kilos of rice and 2 kilos of fish is less than php 600 a.wha... Chart A: week Paid amount 1 200 2 250 3 300 4...
Submit Your Answer

Question

Question
Find the amount paid for the loan.

$1500 at 9% for 2 years

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