Thanks for the points :) hope you’re having a good day
It’s c highly likely is more than ,50 and less than 1.00
The monthly interest payment is 162
<h3>What is Interest?</h3>
Interest, in its most simple form, is calculated as a percent of the principal.
First,
monthly interest rate,
= 0.24/12
= 0.02.
Now,
Average monthly interest,
=0.02×$675
= $13.50.
Thus, the annual interest payments,
= 12×$13.50
= $162
Learn more about this concept here:
brainly.com/question/1435782
#SPJ1
Answer:
Oh, how morbid these interest problems are.
Are you asking how much they would recieve in a year?
If so:
40000/100=400
400*60=$24000 a year
The correct answer for this question is that there are 72 2-inch segment in 12ft. Hopefully that answered your question for you!