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 value of (3^4)^2 - √(64) divided by 5^3?
+
Math Question: Find the factors of 42 using factoring formulas. (Hint: Prime factorization or trial and error)
+
What is the value of 5 raised to the power of 3, multiplied by 2, and then subtracted by the square root of 16?
+
New questions in Mathematics