Answer:
$568.95
Step-by-step explanation:
Given parameters:
Value of loan = $18965
Interest rate = 3%
Time = 1year
Unknown:
Interest = ?
Solution:
The interest on a particular amount is given as:
I =
I is the interest
P is the principal
R is the rate
T is the time
I =
= $568.95
Answer:
371
Step-by-step explanation:
Answer:
22.44
Step-by-step explanation:
If it’s the midpoint, just multiply it by 2 giving you full length