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mariarad [96]
3 years ago
12

Find the simple interest paid to the nearest cent for each loan, interest rate, and time. $500, 12%, 18 months

Mathematics
2 answers:
iris [78.8K]3 years ago
4 0

Answer: The interest is $60


Step-by-step explanation:

500*112%=$560

560/18=$31.11

$60 in interest is paid, or an additional $3.33 a month (Bringing the monthly loan payment to a grand total of $31.11)

Olenka [21]3 years ago
3 0
Your answer would be $60
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Get y alone in 1st equation
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sub into 2nd equation

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6 0
3 years ago
the ratio of chaperones to students a field trip is 1 to 9 if 81 students on the trip how many chaperones were there
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In the given question it is important to take note of every minute details that are given in the question. using these details the answer to the given question can be easily reached.
Let us assume the common ratio to be x.
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Step-by-step explanation:

6 0
3 years ago
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