Atday Atday
  • 14-07-2021
  • Mathematics
contestada

borrowed $1,300 from a credit union for 4 years and was charged simple interest at a rate of 2.95%. What is the amount of interest he paid at the end of the month?

Respuesta :

nchipaurindo
nchipaurindo nchipaurindo
  • 20-07-2021

Step-by-step explanation:

1 300 × 2.95/100× 4 = $153.40

Answer Link

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