tledet24
tledet24 tledet24
  • 02-01-2020
  • Mathematics
contestada

Calculate the simple interest paid on a loan of $544 at 3% for three months.


$48.96


$4.80


$4.90


$4.08

Respuesta :

asm24
asm24 asm24
  • 02-01-2020

Answer:

4.08

Step-by-step explanation:

Interest I =Pnr

3 months =3/12 year = n

r = 3%

and, P = 544$

Therefore,

[tex]i = 544 \times (3 \div 100) \times (3 \div 12) \\ \: \: \: = 4.08[/tex]

Answer Link

Otras preguntas

Evaluate for c when f=77∘. c=5/9​(f−32) responses: a. 25.0∘ b. 35.0∘ c. 45.0∘ d. 55.0∘
I need to buy a new ............. a) pair of jean b) some jeans c) jeans d) none of the above
How is the main hydraulic system reservoir pressurized?
Suppose x and y vary together such that y = 4 x 11 . suppose x varies from x = 2 to x = 7.5 . over this interval, by how much does x change?
Suppose that over time consumers become more focused on stylistic differences among shoe brands. Which of the following is likely to happen as a result? Check a
Describe the Following Terms and Concepts
How do you determine the y intercept of an exponential function f(x)=ab^x+k that has been both stretched and translated
a conclusion of the walking dance
Describe the Following Terms and Concepts
The typical stepwedge is constructed of? 1) aluminum 2) steel 3) wood 4) copper