Answer:
I think C or D
Step-by-step explanation:
Answer:
8 • 20m - 29
Step-by-step explanation:
this might be right
Set up you question 5256 divided by 56 then write the answer. Finally if you get a remainder put the answer then the remainder
Answer:
A. $3,984
Step-by-step explanation:
The amount of interest is computed from ...
I = Prt
For the given values, the interest is ...
I = $3600×0.08×(16/12) = $384
Then the total amount that needs to be repaid is ...
Principal + Interest = $3600 +384 = $3,984
_____
The time period is 16 months, so is 16/12 years.
The time periods of the interest rate and "t" in the formula must match. If the interest rate is an annual rate, then "t" is in years. If the interest rate is a monthly rate, then "t" is the number of months.
