Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. in order to start a small business a student takes

In order to start a small business a student takes out a simple interest loan...

50.1K

Verified Solution

Question

Basic Math

image

In order to start a small business a student takes out a simple interest loan for 5000 00 for 9 months at a rate of 9 25 a How much interest must the student pay b Find the future value of the loan a The amount of interest is Round to the nearest cent as needed

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

As technology increases, the fuel efficiency of cars and trucks also increases. However, even though modern...

Chemistry
1.2K views

8A : Consider the titration, 10 mL of NaCN(Ka=4.9X10^-10) with .380M HCl. Calculate pH at 0.0mL...

Psychology
1.2K views

Why is it important to move your body (exercise) during the pandemic? Using research evidence and...

Physics
1.2K views

The most common isotope of boron is 115B. part b) Calculate this binding energy from equation EB=C1A−C2A2/3−C3Z(Z−1)/A1/3−C4(A−2Z)2/A±C5A−4/3....

Biology
1.2K views

24 tSNARES located on incoming vesicles that plan to dock at a target membrane will...

Physics
1.2K views

in a unbias p n junction 1 high potential is at n side and low...

Algebra
1.2K views

12 Convert the following word sentence as a mathematical statement involving a polynomial and then...

Accounting
1.2K views

In analyzing the statement of cash flows, why is it important that it be segmented...

Accounting
1.2K views

A merchandising company's sales budget indicates the following sales: January: $30,000; February: $20,000; March: $15,000....

Accounting
1.2K views

Sheridan Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and...

Accounting
1.2K views

Boulder Corporation uses estimated direct labor hours of 200,200 and estimated manufacturing overhead costs of...

Accounting
1.2K views

If any of the columns on the work sheet do not balance, it is not...