kaleighlong6498 kaleighlong6498
  • 24-09-2018
  • Mathematics
contestada

Amy got a $1,000 loan from her bank, and she had to repay $1,500. What are the principle and interest amounts in this transaction?

Respuesta :

TPS00
TPS00 TPS00
  • 24-09-2018
Loan amount = $1000

So the principal is $1000.
_____________________

Repayment amount = $1500

Interest = Repayment amount - principal

=> Interest = $1500 - $1000 = $500
______________________

[tex]\textbf{ \red{Principal = 1000 dollar}} \\ \\ \textbf{ \blue{Interest = 500 dollar} }[/tex]
Answer Link

Otras preguntas

John played center for four straight minutes before coming out of the game. what type of workout did john most likely experience?
how mant cubic centimeters of air would be needed to completely fill a soccer ball with a radius of 15cm?
Jennifer has built a shelf which can safely support 16.40 pounds. if there are 2.20462 pounds in a kilogram, how many kilograms can jennifer’s shelf support? a.
What shape has been used to form the quilt pattern below?
find the length of the segment with endpoints at (2, 7) and (8, -1)
What vitamin is neither fat or water soluble?
How long does humans know that long gone animals have been on earth?Explain why or why not?
What were the main reasons German forces aggressively expanded into neighboring countries in the late 1930s? Check all that apply. to unite German-speaking peop
What specific goal does Kennedy outline in this speech? pls help
Find the volume of the pyramid. Assume the base is a rectangle.