Please help me, I don’t understand this that well
1 answer:
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Devin borrowed $1,058 at 13 percent for nine months.
We have to calculate the interest paid.
Interest =
Substituting the values of
Principal = $1058
Rate = 13%
Time = 9 months = year
Interest =
Interest = 103.155
= 103.16
So, Devin will pay 103.16 as the interest.
Therefore, Option A is the correct answer.
