A college student borrows $3,000 for 3 months to pay for a semester of school. If the interest is $61.88 find the monthly paym

Question

ValentinkaMS [17]

2 years ago

15

A college student borrows $3,000 for 3 months to pay for a semester of school. If the interest is $61.88 find the monthly paym

ent

Mathematics

2 answers:

Zanzabum · Answer 1 · 2022-07-12T05:27:35+03:00

Zanzabum2 years ago

7 0

Answer:

uhaiothwgiuhtrguwhsiohtgiuaw

Step-by-step explanation:

iugtiugipwarhguwpvjioefjowvwrw

alexandr402 [8] · Answer 2 · 2022-07-12T03:32:00+03:00

alexandr402 [8]2 years ago

4 0

Given:
Amount borrowed = $3,000
Interest = $61.88
Duration = 3 months

Obligation = 3000 + 61.88 = 3061.88
Monthly payment = 3061.88/3 = $1,020.63

Answer: $1,020.63

A college student borrows ​$3,000 for 3 months to pay for a semester of school. If the interest is ​$61.88 find the monthly paym

A college student borrows $3,000 for 3 months to pay for a semester of school. If the interest is $61.88 find the monthly paym