A salesperson at a furniture store earns a 3% commission on all sales. How much commission does the salesperson earn on a $1400
2 answers:
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Answer:
option-B......Answer
Step-by-step explanation:
We are given
amount taken for loan =$10000
so, P=10000
annual interest rate =18%
r=0.18
now, we can use formula
Since, it is compounded monthly
so, n=12
we can plug values
I hope this helps you
