Find the total amount due on the simple interest loan. Round your answer to the nearest cent.Principal = $15,500Rate = 8%Time in years = 3

A. $19,220.00
B. $56,833.33
C. $17,422.00
D. $16,145.83


Answer: A

Mathematics

You might also like to view...

The autonomous differential equation represents a model for population growth. Use phase line analysis to sketch solution curves for P(t), selecting different starting values P(0). Which equilibria are stable, and which are unstable? = P(P - 3)

What will be an ideal response?

Mathematics

Solve the inequality and graph the solution set.| x | > 6

A. (-?, -6)

B. (-6, 6)

C. (6, ?)

D. (-?, -6) ? (6, ?)

Mathematics

Classify the number as rational or irrational.

A. rational B. irrational

Mathematics

Solve by any desired method. If there is no real number solution, say so.3x2 + 8x = -1

A. x = 
B. x =  
C. x =  
D. x =  

Mathematics