lillianr1532 lillianr1532
  • 27-02-2022
  • Mathematics
contestada

Find the amount paid for the loan.

$2400 at 10.5% for 5 years.

Respuesta :

emmakateintheuk
emmakateintheuk emmakateintheuk
  • 28-02-2022

Answer:

0.525

Step-by-step explanation:

10.5%x5

by definition p%=p/100

10.5/100x5

divide the numbers

0.105x5

multiply the numbers

0.525

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