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OpenStudy (anonymous):
How much simple interest will be due on a loan of $7000 at a 3.75% annual interest rate for one year? A. $7262.50 B. $2625.00 C. $262.50 D. $37.50
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OpenStudy (anonymous):
Multiply 0.375(0.375 is the same as 3.75%) to 7000
OpenStudy (anonymous):
So what is 0.375 x 7000? @creegan
OpenStudy (anonymous):
2,625
OpenStudy (anonymous):
Yes, that is correct.
OpenStudy (anonymous):
So that is your answer.
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OpenStudy (anonymous):
thanks wait are you a touter
OpenStudy (anonymous):
What?
OpenStudy (anonymous):
are you a tutor
OpenStudy (anonymous):
I am just a user on OpenStudy.
OpenStudy (anonymous):
cool
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