subject
Mathematics, 09.10.2020 20:01 destinysmithds7790

The shoe store manager borrowed $17,000.00 from the bank to purchase 1000 pairs of shoes. The bank charges a simple interest rate of 5% per year on a loan to a business. If it takes 3 years to pay back the loan and interest, what is the total amount of interest that the shoe store will pay? What is the total amount, including interest, that the shoe store must pay on the loan?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
Aheated piece of metal cools according to the function c(x) = (.5)x ? 7, where x is measured in hours. a device is added that aids in cooling according to the function h(x) = ? x ? 2. what will be the temperature of the metal after two hours?
Answers: 2
question
Mathematics, 21.06.2019 21:00
Find the perimeter of the triangle with vertices  d(3, 4),  e(8, 7), and  f(5, 9). do not round before calculating the perimeter. after calculating the perimeter, round your answer to the nearest tenth.  
Answers: 1
question
Mathematics, 21.06.2019 22:30
Which of the following is an example of a rational number? a. π b. √ 9 c. √ 8 d. 3.8362319
Answers: 1
question
Mathematics, 21.06.2019 23:20
The following hormone had their receptors in the cell membrane except a-insulin b-tsh c-gh d- cortisol
Answers: 2
You know the right answer?
The shoe store manager borrowed $17,000.00 from the bank to purchase 1000 pairs of shoes. The bank c...
Questions
question
Biology, 02.10.2019 08:30