06-06-2015
Mathematics

contestada

Jan borrowed $1200 at 11.5% interest for 3 months. How much does she have to repay under a single-payment plan?

Respuesta :

annabellthegrea annabellthegrea

06-06-2015

First, convert percent to decimal:

11.5% = 0.115

Multiply by amount borrowed:

0.115*1200= 138

Multiply interest amount per month (138) by 3

138*3 =$414.00 interest

Answer Link

Otras preguntas

What will it cost to carpet a rectangular floor 18 by 16 feet if the carpet costs $15 a square yard?

Find the distance between (0,4) and (3,-1)

Evaluate the integral by making the given substitution. (Use C for the constant of integration. Remember to use absolute values where appropriate.) ∫(x^4 / (x^5

The song "For What It's Worth" shows conflict between:

what kinds of behavior does a medical code of ethics call for

Solve this inequality: 36 - 7 < 32

Where is the greatest amount of the world’s carbon found? atmosphere seafloor sediments ocean plants and animals

Whose death did the commander of the confederate forces say was like losing my right arm?

Which key human trait did hunter-gatherer groups depend on to survive?

The decisions you make today cannot have an impact on your options 10 years from now. A. True B. False 2b2t