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

Find the value of 15.0 Newton in pounds
A triangle has two sides of length 6 and 9. What could the length of the third side be? Check all that apply, A. 10 B. 7 C.4 D.2 E.15 F.12
What is the name of the national anthem?
What was one important thing that Abraham Lincoln did?
What is one responsibility that is only for United States citizens?
If the President can no longer serve, who becomes President?
What is the name of the Vice President of the United States now?
There were 13 original states. Name three.
We elect a U.S. Senator for how many years?
Who lived in America before the Europeans arrived?