You get a single payment loan of $4,400 at an interest rate of 12% the term of the loan is 172 days how much exact interest will you pay
2 answers:
9514 1404 393
Answer:
$248.81
Step-by-step explanation:
The interest formula is ...
I = Prt
where principal P earns interest at annual rate r for t years. Here, t is a fraction of a year: 172/365. The interest is ...
I = $4400×0.12×172/365 ≈ $248.81
You will pay interest of $248.81 .
Answer:
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Step-by-step explanation:
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i think it's 790,000 or 800,000 i hope i helped
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Answer:
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Step-by-step explanation:
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