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Elena-2011 [213]
2 years ago
14

Michale has a loan with a balance of $200 at 14% simple interest. If he pays the loan back in 12 equal payments, how much will b

e each payment?
Mathematics
1 answer:
RoseWind [281]2 years ago
4 0

Answer:

it would be 19 dollars a month

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Write the mixed number as a percent <br><br> 2 41/50
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Answer:

∴ 2 \frac{41}{50}  = 282 %

Step-by-step explanation:

2 \frac{41}{50}

= [( 2 × 50) + 41] ÷ 50

=  ( 100 + 41) ÷ 50

= \frac{141}{50}

=( \frac{141 }{50} ) × \frac{2}{2}

= \frac{282}{100}

= 282 %

∴ 2 \frac{41}{50}  = 282 %

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