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

What is 3y = 15x - 12 in y = mx + b form ?
Why does more solar energy reach the equatorial regions than the polar regions?
How do you solve p+9 <7 AND graph it???
Noah rows across a river that is 48m wide. The current carries him 15m downstream. How far does Noah actually travel?
Carla's plant was 10 2/3 inches tall. Yolanda's was 8 3/4 inches tall. How much taller was Carla's plant than Yolanda's?I came up with 2 11/12.   Am I right??
Find the explicit formula that produces the given sequence. 3/2, 3/4, 3/8, 3/16,...
what did Benjamin franklin feel strong about
Help me please. What Is Stonehenge?
luisa has 183 pennies. hert dad gives her 128 more write a number sentence to show many pennies luisa has now
if a sample of magnesium has a mass of 60 g, how many moles of magnesium does the sample contain