0
Joe borrowed 8000 on a one year note at 13. How much will Joe owe when the note comes due?
To calculate how much Joe will owe when the note comes due, we can use the formula for simple interest: (A = P(1 + rt)), where (A) is the total amount owed, (P) is the principal amount (8000), (r) is the interest rate (0.13), and (t) is the time in years (1).
Plugging in the values: (A = 8000(1 + 0.13 \times 1) = 8000(1 + 0.13) = 8000 \times 1.13 = 9040).
Therefore, Joe will owe $9,040 when the note comes due.
What else can I help you with?
How much money is needed to buy a McDonald's franchise?
$200,000 in cash (M1)-note this does not include borrowed money.
Juan bought a pickup truck for 16000 He paid 1000 down and borrowed the rest on a one year note at 16 interest How much will he owe at the end of one year?
Juan Juan bought a pickup truck for 16000 He paid 1000 down and borrowed the rest on a one year note at 16 interest How much will he owe at the end of one year?bought a pickup truck for 16000 He paid 1000 down and borrowed the rest on a one year note at 16 interest How much will he owe at the end of one year?
What is the importance of delivery notes?
a delivety note is a note that comes with a delivery.
Mary bought a red convertible for 14000 She paid 1000 down and borrowed the rest on a one year note at 15 percent interest How much will she owe at the end of one year?
"14,950" or "14,950.00" or "14950" or "14950.00"
What is the difference between a Promissory Note and a Loan?
A loan is a sum of money which is borrowed on the condition that it will be paid back.A promissory note is a written promise to pay the loan that sets forth the terms of the loan and is signed by both parties.
Joe borrowed 8000 dollars on a one year note at 13 percent how much will joe owe when the note comes due?
9040
How much money is needed to buy a McDonald's franchise?
$200,000 in cash (M1)-note this does not include borrowed money.
Juan bought a pickup truck for 16000 He paid 1000 down and borrowed the rest on a one year note at 16 interest How much will he owe at the end of one year?
Juan Juan bought a pickup truck for 16000 He paid 1000 down and borrowed the rest on a one year note at 16 interest How much will he owe at the end of one year?bought a pickup truck for 16000 He paid 1000 down and borrowed the rest on a one year note at 16 interest How much will he owe at the end of one year?
Do you have to pay a Tennessee title loan back if you never had a clear title?
Absolutely. You still borrowed the funds to purchase the property and you signed a note promising to pay the loan.Absolutely. You still borrowed the funds to purchase the property and you signed a note promising to pay the loan.Absolutely. You still borrowed the funds to purchase the property and you signed a note promising to pay the loan.Absolutely. You still borrowed the funds to purchase the property and you signed a note promising to pay the loan.
How do you get 8000 on panfu?
frst get yourself blocked then delete ur panda wait 24 hours and log in with the same thing but put 8000 after ur username ur panda will still be there just with 8000!!! NOTE: u can do this with any number
What is the rate of interest incurred on a note payable?
debt during the give This field indicates how much interest expense incurred from debt during the given period. This field contains only interest related costs paid for borrowed amount.period. This field contains only interest related costs paid for borrowed amount.y interest related costs paid for borrowed amount.
What type of note comes right before or after a space note?
In your terminology it would be a "line note". The " line note" that comes directly before or after the "space note" is said to be a "step" away from the "space note".
What note is after La?
The note that comes after La is Te.
Those are the clothes that i borrowed from my sister last week?
Then you had better wash them, iron the and give them back with a thank you note.
Mary bought a red convertible for 14000. She paid 1000 down and borrowed the rest on a one year note at 15 interest. How much will she owe at the end of one year?
"14,950" or "14,950.00" or "14950" or "14950.00"
What is the importance of delivery notes?
a delivety note is a note that comes with a delivery.
Mary bought a red convertible for 14000 She paid 1000 down and borrowed the rest on a one year note at 15 percent interest How much will she owe at the end of one year?
"14,950" or "14,950.00" or "14950" or "14950.00"
