The answer could be expressed as 2^8 because the product is 16!
Answer: The interest is $60
Step-by-step explanation:
500*112%=$560
560/18=$31.11
$60 in interest is paid, or an additional $3.33 a month (Bringing the monthly loan payment to a grand total of $31.11)
Look at pic for work, all answers and work is listed
