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OpenStudy (anonymous):
MEDAL REWARDED!!! Calculate the amount of interest you'll pay on the following loan. Borrowed: $1500 APR: 17% Term: six months A. $22.50 B. $52 C. $112 D. $127.50
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OpenStudy (anonymous):
@jim_thompson5910
OpenStudy (calculusxy):
I believe that it is D.
OpenStudy (anonymous):
okay how were u able to get that? so know in the near future?
OpenStudy (calculusxy):
(1,500 x 17%) x 6/12= 127.50
OpenStudy (anonymous):
thanks!!
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OpenStudy (calculusxy):
No problem :)
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