hippl123432 hippl123432

27-01-2021
Mathematics

contestada

HELP ME PLEASE

Calculate the simple interest on a 12-month loan of $5,000 with a
monthly interest rate of 3%.

Respuesta :

daisy0110 daisy0110

27-01-2021

Answer:

$1800

Step-by-step explanation:

Interest in one month =3% =0.03

0.03x5000= $150 a month

150x12=$1800

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