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likoan [24]
3 years ago
12

Sam Sounds received a $290 discount loan to purchase a stereo. The loan was offered at 16% for 90 days. Find the interest in dol

lars and the proceeds for the following problem.
The interest is ??? 10.60,11.60,12.60

The proceeds are ??? 278.40, 278.40, 279.40
Mathematics
1 answer:
tiny-mole [99]3 years ago
5 0
I think the interest is 10.60.
And the proceeds are 278.40.
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Answer:

1.)  the answer is the fourth one, 1/5^7

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