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 :

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

Factor the expression using GCF 20p-60=___

Fighting in Vietnam started in 1954 when which European nation tried to reassert their colonial claims to Indochina? France Great Britain The Netherlands German

which of the following correctly describes a gas a) the particles do not move b) the particles are closely locked in position and can only vibrate c) the partic

Nina had 9 apples to share with 5 of her friends. If all 6 people get an equal share, how many apples will each person get? How do you know?

Bailey got 7 bows for her birthday.She lost 1/3 of her bows at school.When she got home,she realized she only had 42 bows left.How many bows did she have before

Which cash crop was the largest export from the South just before the Civil War?

What do Guatemalans think about punctuality? Schedules are more important than people. They are never on time anywhere. Punctuality is admired but not stric

what is 185% as a decimal and as a mixed number

The relationship between citizenship and the right to vote

17=5k-2 what Is (k) help me please