How do you solve for total intrest when you finance $600 for 24 months at 18%
2 answers:
I = PRT (Principal, Rate, Time)
I = ?
P = 600
R = .18
T (years) = 2
600 x .18 x 2 is 216
the intrest is 216
Multiple 18% by 600 and then multiply the number you get from that by 24 and add that number onto 600 and that’s your answer
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