Answer:
$10.94
Step-by-step explanation:
In the given formula, T is in years. 3 months is 3/12 years, so your interest is ...
I = PRT
I = $500×0.0875×1/4 = $10.9375 ≈ $10.94
$10.94 is the interest paid on the loan.
Answer:
25.481
Step-by-step explanation:
divide by 2.237
it is called dun dun dun this Equivalent Ratio
N•2>8
then dive both sides 2n>8
and get n>4