Ask your own question, for FREE!
Mathematics 16 Online
OpenStudy (anonymous):

PLEASE HELP ME!!!!!!! Use the add-on method for determining interest on a loan of $800, with an annual rate of 8 percent and a term of 3 years. Then, determine the annual interest rate during the last month of the loan.

jimthompson5910 (jim_thompson5910):

how much interest is charged

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!