Amy got a $1,000 loan from her bank, and she had to repay $1,500. What are the principle and interest amounts in this transaction?

Question

24-09-2018
Mathematics

contestada

Amy got a $1,000 loan from her bank, and she had to repay $1,500. What are the principle and interest amounts in this transaction?

Respuesta :

Otras preguntas

Solve this problem, Each month, Megan babysits for a total of 50 hours. How many hours will she spend babysitting in a year? hours Type the correct answer.

A \greenD{4\,\text{cm} \times 6\,\text{cm}}4cm×6cmstart color greenD, 4, space, c, m, times, 6, space, c, m, end color greenD rectangle sits inside a circle wit

JEWELRY Ava bought a necklace for $8.50 and some earrings that cost $3.75 for each pair. The total cost was $19.75. Write and solve an equation to find how many

Problem of pickles answer key

2. Describe the camp experience for Washington evacuees at Camps Manzanar, Harmony, and Minidoka. What were the conditions like? What type of communities did th

PLEASEEEE HELPP MEEE WITHHH NUMBERSSS 9 AND 10 PLEASEEE HELPPP MEEEEE!!!!!!!!

The pressure and temperature inside a bike tires 10 ATM and 10 K receptively. What will the pressure be come in the tire when the temperature is increased to 20

1. _ LiBr2 + __K2CO3 -->___ LiCO3 +_ KBr Reaction Type:

Complete.1. 64 OZ =lb2. 5 T =Ib3. 13 lb =OZ4. 9,000 lb =T5. 45 oz =lbOZ 6. 3.25 T =Іь PLS HELP

TPS00 TPS00 · Answer 1 · 2018-09-24T06:09:47+02:00

TPS00 TPS00

24-09-2018

Loan amount = $1000

So the principal is $1000.
_____________________

Repayment amount = $1500

Interest = Repayment amount - principal

=> Interest = $1500 - $1000 = $500
______________________

[tex]\textbf{ \red{Principal = 1000 dollar}} \\ \\ \textbf{ \blue{Interest = 500 dollar} }[/tex]

Answer Link