Answer: The amount that Kristen would owe three months from now is $67.5
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or the current balance.
R represents interest rate
T represents the duration for which the account is overdue in years.
From the information given,
P = 1500
R = 18%
T = 3 months = 3/12 = 0.25 year
I = (1500 × 18 × 0.25)/100 = $67.5
Answer:
C
Step-by-step explanation:
Try it.
The additional true statement that would need to be given in order to state the conclusion using the law of detachment is 49,700 is divisible by 100.
<h3 /><h3>What is law of detachment?</h3>
Law of detachment states that if a facts is true and its hypothesis is true, then its conclusion is true.
For instance,
Statement A: If there's an increase in Mr Charles salary.
Statement B: Mr Charles buys bicycle for his son.
This means Mr Charles buying bicycle for his son is true because of the increase in income.
Learn more about law of detachment:
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