SOLUTION: I GAVE YOU THE WRONG E-MAIL FIRST THIS IS THE RIGHT ONE CAN YOU PLEASE HELP 1. WHAT IS THE MONTHLY PAYMENT ON AN ADD ON INTEREST LOAN, IF $6,000 IS BORROWED AT 10 PERCENT FOR

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: I GAVE YOU THE WRONG E-MAIL FIRST THIS IS THE RIGHT ONE CAN YOU PLEASE HELP 1. WHAT IS THE MONTHLY PAYMENT ON AN ADD ON INTEREST LOAN, IF $6,000 IS BORROWED AT 10 PERCENT FOR      Log On

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Question 33993: I GAVE YOU THE WRONG E-MAIL FIRST THIS IS THE RIGHT ONE
CAN YOU PLEASE HELP
1. WHAT IS THE MONTHLY PAYMENT ON AN ADD ON INTEREST LOAN, IF $6,000 IS BORROWED AT 10 PERCENT FOR 12 MONTHS/
2.AT THE AVERAGE COST 6.5 CENTS PER KILOWATT HOUR, FIND THE WEEKLY COST OF OPERTING 4 HOURS EACH DAY A TV USES 200 WATTS PER POWER

Answer by checkley71(8403) About Me  (Show Source):
You can put this solution on YOUR website!
6000*.10=600 INTEREST ADD TYO THE PRINCIPAL YOU OWE 6600 OVER 12 MONTHS THUS THE EQUAL PAYMENTS WILL BE 6600/12 OR 550 PER MONTH.
6.5*4*7*.200=36.4 CENTS PER WEEK