Question

principle $800 rate 2% 3months.....what is total amount due? simple interest rounded to nearest cent

Answer 1

interest= 800( 2/100) (3/12) = 4

Answer 2

so total amount due is 4???

Answer 3

amount due or interest. .

Answer 4

total amount due on loan using simple interest

Answer 5

yes $4 is interest, now add that to the principal of $800. That the amount due now

Answer 6

804

Answer 7

i feel so stupid ty

Answer 8

dont.

Answer 9

and yes 804 is correct :)

Answer 10

i have another one

Answer 11

principle $25,000 8 and 1/2% 9 MONTHS total amount due using simple interest

Answer 12

go to that post.

Answer 13

is 8 and 12 the rate?

Answer 14

8 and 1/2%