Answer:
the correct answer is 0.84
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Answer:
3/2
Step-by-step explanation:
Answer:
$378
Step-by-step explanation:
To find the interest that the shelter payed on this loan, we use the formula:
.
P = $6,300
r = 8% or 0.08
t = 9/12
Now we substitute the values into our formula.
.




So the shelter payed a total of $378 in interest to the bank.
Your answer is 3 because all you do is form it in a fraction