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3 years ago

You will be charged 10.5% interest on a loan of 678 how much interest will you pay on the loan

Mathematics

2 answers:

Y_Kistochka [10]3 years ago

8 0

10.5% of 678 =
0.105(678) = 71.19 <==
Hope this helps.

mamaluj [8]3 years ago

4 0

Answer: 71.19

Step-by-step explanation:

Since, the total amount = 678

Total charged on that money = 10.5 %

Thus, the total interest paid = 10.5% of the total amount

$=10.5\% \text{ of } 678$

$=\frac{10.5}{100}\times 678$

$=\frac{7119}{100}$

$=71.19$

Hence, the total paid interest = 71.19

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