Answer:
Car loans, amortized monthly, and retailer installment loans, also calculated monthly, are examples of simple interest; as the loan balance dips with each monthly payment, so does the interest. Certificates of deposit (CDs) pay a specific amount in interest on a set date, representing simple interest
Answer:
I think the answer is option A
Answer:
9.14285714286
Step-by-step explanation:
i dont know if you need to round it but heres the answer (hasnt been rounded)
