tledet24
tledet24 tledet24
  • 02-01-2020
  • Mathematics
contestada

Calculate the simple interest paid on a loan of $544 at 3% for three months.


$48.96


$4.80


$4.90


$4.08

Respuesta :

asm24
asm24 asm24
  • 02-01-2020

Answer:

4.08

Step-by-step explanation:

Interest I =Pnr

3 months =3/12 year = n

r = 3%

and, P = 544$

Therefore,

[tex]i = 544 \times (3 \div 100) \times (3 \div 12) \\ \: \: \: = 4.08[/tex]

Answer Link

Otras preguntas

________ was an important eighteenth-century geologist who developed the concept of Uniformitarianism to explain the slow, steady changes responsible for shapin
help me with these questions
solve this with an explantion
please help im stuck need help
tú / mirar el menú / media hora
how did the environmental and public health problems theory hurt roman
In the story, Hà’s mother pushes aside her grief and takes over the support of her family after her husband is captured by the enemy. Which theme is developed b
Solve the system by substitution. y = -7x+ 3 y = -8x
Micheal earns $87 for 15 hours of part time work. How long must he work to earn $135
Which option is best described as a hormone that induces feelings of satiety, or fullness when eating?.