Suppose you obtain a $1300 T note with a 9% annual rate paid monthly with Matt Trinity in six years how much interest will be pa
id to you each month
2 answers:
Answer:
2
Step-by-step explanation:
2
brainly.com/question/5720183
From: rejkjavik
Ambitious
4.2K answers
10.3M people helped
Answer: simple interest = $9.75
Step-by-step explanation:
given data:
Principle = $1300
annual rate = 9%
time = 6 year =
we know that simple interest is given as
Simple interest
FOR ABOVE QUESTION
Time is 1 month
simple interest
simple interest = $9.75
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