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

What type of wave DOES NOT require a medium? Electromagnetic wave or Mechanical wave?
a rectangle has a perimeter of 72 ft the side lengths are whole numbers what is the area
A company that is located in the us and sells its product to customers in mexico is participating in what
What is 0.01 rounded to the nearest hundredth
Which type of radiation has neither mass nor charge? A) gamma B) neutron C) alpha D) beta
What is the range of the function?
Answer please ????? I will appreciate it
if you're multiplying a base will you add or multiply the exponents
Baby boomers are and example of what type of trend
What does the presence of homologous structures in different organisms suggest? common distribution common ancestry similar habitat similar movement