lele70802 lele70802

30-01-2017
Mathematics

Answered

How much interest will have to be paid on a loan of $11035 for 55 months at a simple interest rate of 8.8% per year? Round to the nearest cent.

Verified Answer :

clarklovesmath clarklovesmath

30-01-2017

I = prt

you multiply 11035 by .088 by 55/12

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