bewellplus.gsu.edu
nikdion1
nikdion1 nikdion1
  • 06-11-2016
  • Mathematics
Answered

Jake received a student loan for $12,000 he plans on paying off the loan five years at the end of five years Jake will have paid his 3600 in interest what is the simple interest rate on the student loans

Verified Answer :

aj56
aj56 aj56
  • 06-11-2016

There is a formula for this, I attached an image

View image aj56
Answer Link

Related Questions

Consider a gas in a sealed rigid container Which of the following will increase if more gas is pumped into the container at constant temperature Check all that
What political party is associated with passing the apartheid laws ANC Afrikaans National Sharpeville
Read the excerpt below Which of the following groups would have most supported the ideas expressed in this passage before the French Revolution Men are born and
Which was a main reason for creating the Articles of Confederation
Pentagon ABCDE is shown on the coordinate plane below Pentagon on coordinate plane with ordered pairs at A negative 2 4 at B negative 6 2 at C negative 5 negati
Help please Geometery
Which city became the leading African American community in the United States a Harlem b Detroit c Chicago d New Orleans
What is the 14th term of the sequence 2 4 6 8 16 32 A 448 B 4096 C 8 192 D 16 384
Why did the Us Government open Ellis island in 1892
what happens on the side of the earth opposite the moon