George borrowed $25,000 for a new car. If George pays simple interest at a rate of
2 answers:
Answer:
To answer your question use the code ICE on here to get your answer works every time for me hope this helps
Answer:
$93,585.53
Step-by-step explanation:
If he is paying interest continually, you would use the formula Pe^rt
25000e^.33(4)= 3,585.53
If he used any other type of interest (monthly=12, quarterly=6, semi-annually=2, or annually=1) then you would use the formula p(1+r/n)^nt
25000(1+.33/n)^n(4)
n= put the number for how much you pay interest
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Step-by-step explanation:
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Its c i just did the math
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