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What is 2/5 interest of 20,000 at 16 percent interest?

Science & Mathematics by Anonymous 2018-06-09 05:33:08

Social Science

What is 2/5 interest of 20,000 at 16 percent interest?

5 answers

  • Anonymous

    2/5 x 16/100 x 20000 2/5 x 16 x 200 = 2 x 16 x 40 = 1280

  • Anonymous

    2/5 of 20,000 is 8,000 and 16% of 8,000 is 1,280

  • Anonymous

    6400/5 = 1280

  • Anonymous

    I don't understand your question.

  • Anonymous

    (20000/100) x 16 = 3200 total interest (3200/5) x 2 = 1280 1280

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