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Find the simple interest charge and total loan amount for the following loan. $7,750 at 12 3/4%
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write your problem properly
How?
$7,750 at 12 3/4% Interest: Total:
Here is another one. ( or two ) ! $12,000 at 10 1/2% Interest: Loan: $9,500 at 7 1/4% Interest: Total:
\[{$7750}\times{{51}\over{400}}\] now solve it
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Interest would be like \[\LARGE {7,750 * {51 \over 4}\over 100}\]
Could you please explain step by step? Sorry.....
\[{{12}}{{3}\over{4}}={{({12}\times{4})+3}\over{4}}\]
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