zayraventuracon zayraventuracon
  • 18-03-2021
  • Mathematics
contestada

Find the simple interes charged on a loan of $26,500 for 8 months at an interest rate of 7%. Show ALL your work or explain

Respuesta :

fnej
fnej fnej
  • 18-03-2021

Answer:

$1236.67

Step-by-step explanation:

I = Prt

P = 26500

r = 0.07

t = 8/12 = 2/3

I = (26500)(0.07)(2/3)

I = 1236.67

Answer Link

Otras preguntas

write a letter to your aunt telling her about your favorite subject ​
Use historical and geographic information to draw inferences and conclusions Write and cite evidence to defend a thesis statement Based on the information below
By the end of the Clinton administration, the united states government's budget had which of the following?A. $1 Trillion debtB. $200 Billion SurplusC. $3 Trill
What did the United States promise in the Monroe doctrine
Can somebody help me find the answer to this problem please ?
Calculate the potential energy stored in a metal ball of a mass of 80 kg kept at a height of 15m from the earth surface.What will be the potential energy when t
How many types of physics?
Where would you expect to find a mountain range caused by the collision of two continental plates on the map below? (100 points) Public Domain A B C D
The cost,c(x), for a taxi ride is given by c(x)=3x+2.00, where x is the number of minutes. What does the slope mean for this situation
Martha and Dave have 99$. Martha has 3 more than seven times as much money as Dave. How much does each person have?