cain838408
cain838408 cain838408
  • 07-06-2022
  • Mathematics
contestada

Find the interest and the amount repaid.

Principal 500.00
Rate 12%
Time 18 months
what is the amount​

Respuesta :

Superguest007 Superguest007
  • 07-06-2022

Answer:

3844.98

Step-by-step explanation:

Use this formula: P(1+b)^x

500(1.12)^18 (put in calculator).

Hope this helps!

If not I am sorry.

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