kample 3 Darnel owes a total of $3060 which includes 12% interest for the three years he borrowed the money. How much did he originally borrow? ion :

Q: Suppose you save $5 each week. If you continue saving for 5 years, how much will you have saved

A: Since we know that  normally there are 52 weeks in a year. so in 5 years = 52*5…

Q: Joshua borrows $300 from his older sister to buy a bike . he promises to pay the total amount plus…

A: Given that  Joshua borrows $300 from his older sister to buy a bike . he promises to pay the total…

Q: Joe is borrowing $600 from his parents in order to finish paying his tuition bill. His  parents…

A: Simple interest (SI)=Principal amount (P)×Rate of interest (R) in decimal ×Time(T) as a fraction of…

Q: Donald owes the bank $9450. To repay his debt, he paid a fixed amount back to the bank each month.…

A:

Q: Dexter deposited $6,300 into a savings account that earns 2.60% simple interest per year. How much…

A: Given that  Dexter deposited $6,300 into a savings account   that earns 2.60% simple interest per…

Q: Hector's second option for purchasing his $24,000 car is a loan with 4.5% interest over four years.…

A: Hector purchasing his car is a loan with  interest over four years.The aim is to find out how much…

Q: Margo borrows $100, agreeing to pay it back with 6% annual interest after 16 months. How much…

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Q: simple

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Q: Carlos deposits $600 into an account that pays simple interest at a rate of 2% per year. How much…

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Q: The weekly payroll of Abkar Hardware includes 19 employees who earn $220 each. How much is the…

A: We know: Social Security Tax is 6.2% of gross wages, up to $106,800. Medicare Tax is 1.45% of all…

Q: Zoey has $65,000 in a college savings account which earns 5% annual interest. Zoey plans on taking…

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Q: Jamie wants a new smart/TV sound system that cost $1,250. He does not have that much in cash to…

A:

Q: Professor Beatrice Kuhl invests $7,500 at 4.5% interest.  How much money will she have at the end of…

A: the given principal value P = $ 7,500 interest rate r = 4.5% for time t = 6 years

Q: Suppose you save $5 each week. At the end of one year, how much money will you have saved?

A: Given : you save $5 each week Total week in one year =52

Q: A friend lends you $900, which you agree to repay with 3% interest. How much will you have to repay?…

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Q: Kaj invests money in an account paying a simple interest of 1.2% per year. If she invests $90 and no…

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Q: Richard invests $205.42 every month into his retirement. At the end of 30 years, he has a balance of…

A: ANSWER :

Q: We invest $4000 in an account that pays simple interest of 3% each year. How much interest is earned…

A: Let, P = initial  amount r = annual  interest  rate t = time ,then the simple  interest  formula…

Q: Andy buys a gaming system for $400 on his credit card that charges 2% interest compounded monthly.…

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Q: A friend lends you $490, which you agree to repay with 7% interest. How much will you have to repay?…

A: Solution