The amount of money borrowed is $ H
Time for borrowing is 25 years
Amount paid per month M
Amount paid per year 12M
Interest rate paid=I
Let the payment method be simple interest method, then:
I=(PRT)/100
plugging in our values we have:
I=(H×R×M)/100
hence:
I=HRM/100
Answer: .4
Step-by-step explanation:
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Answer:
hope this help you
of my handwriting is bad then sorry.
Answer:
C. 91.46
Step-by-step explanation:
Use BODMAS!
