tledet24
tledet24 tledet24
  • 02-01-2020
  • Mathematics
contestada

Calculate the simple interest paid on a loan of $544 at 3% for three months.


$48.96


$4.80


$4.90


$4.08

Respuesta :

asm24
asm24 asm24
  • 02-01-2020

Answer:

4.08

Step-by-step explanation:

Interest I =Pnr

3 months =3/12 year = n

r = 3%

and, P = 544$

Therefore,

[tex]i = 544 \times (3 \div 100) \times (3 \div 12) \\ \: \: \: = 4.08[/tex]

Answer Link

Otras preguntas

During the time of the Boston Tea Party many women in the colonies boycotted English sugar for their tea. True False
How does the idea of atoms explain the principle of conservation of matter?
I would be so happy if you helped me with this question:3
can someone help me with 11 please
What is one reason for the USSR having a decrease in population under Stalin?
Why is the Enabling Act an important part of Washington's history?
HELP!!! WILL GIVE BRAINLIEST!!!!
In chapter 11 from summer of the mariposas. Odilia and her sisters encounter a donkey. How does Odilia respond to meeting the donkey? what aspect of her charact
Question 13 (1 point) Andrew Jackson blamed John Quincy Adams and Henry Clay for stealing the 1824 election from him due to the _____ ? big deal or corrupt bar
Find the equation of the line through point (-4, 1) and perpendicular to y= -1/2x -4