slove201 slove201
  • 03-07-2018
  • Mathematics
contestada

a radiology student borrow 4500 at an annual rate of 8.5% for 1 year what is the simple interest per month on this loan

Respuesta :

mathmate
mathmate mathmate
  • 03-07-2018
Simple Interest
= Pit   (P=principal, i=annual interest rate, t=time in years)
= 4500*0.085*(1/12)
= $31.875
= $31.88  (to the nearest cent)

Answer Link

Otras preguntas

How much larger is one cubic foot than one cubic inch
On page 14 of The Call of the Wild, Jack London writes, "In vague ways he remembered back to the youth of the breed." This statement is an example of A. the
The juices in the stomach break down food into a thick liquid called
why is it important for an organisation to know who its stakeholders are?
What is the are of the triangle below??
A solution of phosphoric acid has a boiling point of 158 degrees Celsius. What is the boiling point of the solution in degrees Fahrenheit?
Consider an assembly line with 20 stations. Each station has a 0.5% probability of making a defect. At the end of the line, an inspection step singles out the d
The __________ numbers or fractions are a subset of the real numbers.
Why were portraits important in early history?
what is the value of -2 x^2 +4y if x = -2 and y =3