ejimleslie8 ejimleslie8
  • 24-09-2020
  • Mathematics
contestada

Keisa borrowed $400 at a simple interest rate of 3% per year. How much interest will she owe in 18 months?

Respuesta :

ga6brielleo6gun22 ga6brielleo6gun22
  • 24-09-2020

Answer:

simple interest calculator, simple interest formula, what is simple interest, ... financing will cost you or how much you can earn on an investment. ... Annual Interest Rate ... you must repay not only the amount you borrowed – the principal ... Calculate simple interest (I) by multiplying the principal (p) by the rate

Step-by-step explanation:

Answer Link
agboolar42 agboolar42
  • 24-09-2020

Answer:

$18

Step-by-step explanation:

convert 18 months to year(s) and use the simple interest formula

interest=principalxratextime

100

Answer Link

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