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OpenStudy (anonymous):
@triciaal How much interest will be paid in 1 year for a loan of $5200 at 7 1/2% simple interest?
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OpenStudy (anonymous):
@sleepyjess
OpenStudy (raden_zaikaria):
for one month is $5200 ?
OpenStudy (triciaal):
simple interest , I = PRT where P principal Rate as % (per 100) and T, time in years
OpenStudy (triciaal):
@raden_zaikaria no that's the loan amount , the principal
OpenStudy (anonymous):
? what?
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OpenStudy (raden_zaikaria):
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