QuinaMartinez QuinaMartinez
  • 25-04-2017
  • Mathematics
contestada

The following information is known about a loan.

Time = 7 years
Interest rate = 6%
Interest = $840.00

What was the principal on the loan?

Respuesta :

fussellk
fussellk fussellk
  • 25-04-2017
Use the formula I = PRT.....you'll get $2000
Answer Link
alyciascott6
alyciascott6 alyciascott6
  • 26-07-2019

Answer:2000

Step-by-step explanation:

Answer Link

Otras preguntas

A wooden block is in the shape of a regular hexagonal pyramid. The lateral surface area of the pyramid is 450 square centimeters, and the pyramid has a slant he
A box is 9 inches by 11 inches. The donuts have a radius of 1.25 inches. How many donuts can fit in the box?
What is the relationship between costs of materials and distribution channels?
Necesito conclusiones sobre una autobiografía
What is the Magnitude of an earthquake that is 1,000 times more intense than a standard earthquake? Round to the nearest tenth. The answer is 3 (B) on edge.
How did the yearly flooding of the Nile River affect the people of ancient Egypt? A) It washed away homes and forced the people to move to a new location. B) It
helppp plsplssssspls​
Autotrophs and heterotrophs are classified according to their energy pathways autotrophs are able to-
please help, i forgot which was which... (positive or negative coefficient) 19b Is the coefficient of x^(2) in the quadratic function positive or negative? (ima
help me with my aleks