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Mathematics 21 Online
OpenStudy (anonymous):

HELP WANTED!!!!

OpenStudy (anonymous):

What is the interest to be paid on a loan amount of $340 over a 9 month period if the rate of interest is 8%?

OpenStudy (saifoo.khan):

Help = 911

OpenStudy (saifoo.khan):

\[I = \frac{PRT}{100}\]

OpenStudy (anonymous):

=2.448????

OpenStudy (saifoo.khan):

\[\Large I = \frac{340 * 8 * (\frac{9}{12})}{100}\]

OpenStudy (anonymous):

=20.4 is this right

OpenStudy (saifoo.khan):

Yes @mulla

OpenStudy (anonymous):

thanks....@saifoo.khan

OpenStudy (saifoo.khan):

welcome

OpenStudy (anonymous):

another quest. is there...

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