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Mathematics, 17.02.2021 17:10 raytaylorh010801
A bank loans a customer $87,000 for a period of 5 years. The simple interest rate of the loan is 4%. What is the total amount that the customer will need to pay the bank over the 5 years?
Select one:
a. $17400
b. $1,305,000
c. $104,400
d. $12,093,000
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Answers: 1
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Juliana says that she can use the patterns of equivalent ratios in the multiplication table below to write an infinite number of ratios that are equivalent to 6: 10. which statement explains whether juliana is correct? she is correct because she can multiply 6 and 10 by any number to form an equivalent ratio. she is correct because 6: 10 can be written as 1: 2 and there are an infinite number of ratios for 1: 2. she is not correct because the multiplication table does not include multiples of 10. she is not correct because 6: 10 is equivalent to 3: 5 and there are only 9 ratios in the multiplication table that are equivalent to 3: 5.
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A bank loans a customer $87,000 for a period of 5 years. The simple interest rate of the loan is 4%....
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