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Mathematics 7 Online
OpenStudy (anonymous):

How much interest will be paid in 1 year for a loan of $2500 at 9 1/2% simple interest? i will give a medal...

OpenStudy (anonymous):

help me

OpenStudy (anonymous):

please

OpenStudy (anonymous):

$2,500 * 0.095 = $237.50 in interest for that year

OpenStudy (anonymous):

so what is the exact answer. i am confused

OpenStudy (anonymous):

is it 237.50

OpenStudy (anonymous):

Yep

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