Answer:
RI - 79%
Ohio - 75.5%
Colorado 2.86%
plz brainly me :) !
Step-by-step explanation:
File a Form 1040-X to amend a tax return.
Answer:
Compound interest =$14.58
Simple Interest=$14.79
Step-by-step explanation:
Let's assume the interest rate charged on the loan was simple in nature.
-Simple interest is calculated using the formula:
![I=PRT,\\\\=1500\times 0.04\times \frac{90}{365}\\\\=14.79](https://tex.z-dn.net/?f=I%3DPRT%2C%5C%5C%5C%5C%3D1500%5Ctimes%200.04%5Ctimes%20%5Cfrac%7B90%7D%7B365%7D%5C%5C%5C%5C%3D14.79)
Hence, the simple interest on the loan was $14.79
#If the interest is compound in nature with just one compounding per year:
![A=P(1+i)^n\\\\I=A-P\\\\I=1500(1.04)^{90/365}-1500\\\\=14.58](https://tex.z-dn.net/?f=A%3DP%281%2Bi%29%5En%5C%5C%5C%5CI%3DA-P%5C%5C%5C%5CI%3D1500%281.04%29%5E%7B90%2F365%7D-1500%5C%5C%5C%5C%3D14.58)
Hence, the compound interest charged on the loan is $14.58