nickmontano nickmontano

05-03-2015
Mathematics

contestada

Determine the simple interest paid after 3 months on a loan of 9,700 dollars borrowed at an annual interest rate of 11%.

Respuesta :

AaronNicole AaronNicole

05-03-2015

Multiply $9700 by 11% to get the annual interest, then divide by 12 months in year and multiply by # of months. 9700 * .11 = 1067 1067/12 = 88.9166666 88.9166666*3= $266.75

Answer Link

Otras preguntas

If i were rich i will by an old cottage in the countryside

The price of a coat was reduced from $40 to $30. By what percentage was the price of the coat reduced?

english thing i really do not understand

I need help answering this

Where did the Industrial Revolution begin?Answer: In the textile industry(this is the answer i have the answer key)

How do you write 8x + 2y = 10 in slope-intercept form?

(d) State the null hypothesis for the experiment whose data are graphed in Figure 2. Provide evidence to support or refute the scientists’ claim that more colon

ASAP question: What part of the Treaty of Versailles gave justification for limiting its military and forcing Germany to pay reparations? Germany was considere

How did Marie Antoinette's death impact the French Revolution? What is the significance behind it?

!!!!!!!!!!!!!!!!!HELP PLEASE!!!!!!!!!!!!!!!!