DeltaPines12 DeltaPines12

04-01-2016
Mathematics

Answered

Find the simple interest paid to the nearest cent for each loan amount, interest rate, and time.

$4,500, 9%, 3.5 years _____

please I need help

Verified Answer :

04-01-2016

I=prt
= ($4,500)(0.9)(3.5)
= $14,175

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