Ask your own question, for FREE!
Mathematics 18 Online
OpenStudy (anonymous):

@triciaal How much interest will be paid in 1 year for a loan of $5200 at 7 1/2% simple interest?

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?

OpenStudy (raden_zaikaria):

|dw:1423725158986:dw|

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!