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PSYCHO15rus [73]
4 years ago
13

Chico Alvarez obtained a loan of $2,400 to install a new roof on his home. The interest rate is 12%. What is the interest on the

first monthly payment?
Mathematics
1 answer:
Alenkasestr [34]4 years ago
6 0
If you do it this way
2400 x .12 = 288 
and then do <span>288 divided by 12 = 24
making your answer $24</span>
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