slove201 slove201
  • 03-07-2018
  • Mathematics
contestada

a radiology student borrow 4500 at an annual rate of 8.5% for 1 year what is the simple interest per month on this loan

Respuesta :

mathmate
mathmate mathmate
  • 03-07-2018
Simple Interest
= Pit   (P=principal, i=annual interest rate, t=time in years)
= 4500*0.085*(1/12)
= $31.875
= $31.88  (to the nearest cent)

Answer Link

Otras preguntas

Explain in detail how Galen, a physician during the Middle Ages, expanded on Hippocrates’ theory of the four humors and explain what he believed each humor repr
A 5.23 g sample of a metal occupies 0.27 ml. identify the density of the metal.
which major event most contributed to the spread of islam
Rectangle ABCD is graphed in the coordinate plane. The following are the vertices of the rectangle: A(5, 1), B(7,1) C(7, 6), and D(5, 6). What is the perimeter
what unit is used for measure disk size ?
Estoy muy _______________ porque alli voy a pasar tres semanas con mis abuelos answers
Many common web page designs use columns that are about ____ of the width of the page to approximate traditional aesthetic proportions.
What do granite and basalt have in common?
The same people are retested over a long period in a ________ study.
Solve for L: S = B + 1/2L