subject
Mathematics, 01.07.2019 04:10 karina1466

Debbie mcadams paid 7% interest on a $10,000 loan balance. jan burke paid $8,525 interest on a $77,500 loan. based on 1 year.
a. what was the amount of interest paid by debbie?
interest paid by debbie
$
700
b. what was the interest rate paid by jan? (round your answer to the nearest tenth percent.)
interest rate paid by jan
11 %
c. debbie and jan are both in the 28% tax bracket. since the interest is tax deductible, how much will debbie and jan each save in taxes? (round your answers to the nearest cent.)
debbie
2604.00
$
save in taxes
jan
2387.00
$
not sure if i'm doing this right

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 20.06.2019 18:04
Sara bought a pair of pants that were on sale for 30 percent off of the original price. if the original price of the pants was $29, what was the sales price of the pants?
Answers: 1
question
Mathematics, 21.06.2019 18:00
In what organelle does photosynthesis take place?
Answers: 2
question
Mathematics, 21.06.2019 23:00
What ia the sum if the first 7 terms of the geometric series
Answers: 2
question
Mathematics, 21.06.2019 23:30
Which statements are true about box plots? check all that apply. they describe sets of data. they include the mean. they show the data split into four parts. they show outliers through really short “whiskers.” each section of a box plot represents 25% of the data.
Answers: 3
You know the right answer?
Debbie mcadams paid 7% interest on a $10,000 loan balance. jan burke paid $8,525 interest on a $77,5...
Questions
question
Biology, 28.06.2019 23:30
Questions on the website: 13722363