3 years ago

John borrowed $1200 from his credit union at 18% simple interest. He agrees to repay the loan by making

Mathematics

1 answer:

kakasveta [241]3 years ago

4 0

1200 (1+.8 * 30/12) = 1740.00
1740.00 - 1200 = $540

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see the attached figure to better understand the problem

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