Question
A person buys a stove that costs Q. 9,500. Pay a down payment of Q. 2,000 and agrees to pay Q 8,000 nine months later, what interest rate simple annual paid?, in excel
78
likes391 views
Answer to a math question A person buys a stove that costs Q. 9,500. Pay a down payment of Q. 2,000 and agrees to pay Q 8,000 nine months later, what interest rate simple annual paid?, in excel
Darrell
4.5100 Answers
Monto del préstamo
9500-2000=7500
Tiempo:
9\div12=0,75
Interés
8000-7500=500
I=Impr
500=7500(r)(0,75)
r=8.89\%
Frequently asked questions (FAQs)
What is the resulting vector when a vector of magnitude 5, pointing east, is subtracted from a vector of magnitude 3, pointing north?
+
What is the limit of (3x^2 - 4)/(x^2 + 7) as x approaches 2?
+
What is the value of side length 's' in the formula for the area of a square: A = s^2?
+
New questions in Mathematics