aspencocothumper
aspencocothumper aspencocothumper
  • 03-06-2020
  • Mathematics
contestada

Find the interest on a loan of $2500 that is borrowed at 9% for 18 months.

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altavistard
altavistard altavistard
  • 07-06-2020

Answer:

$338.50

Step-by-step explanation:

Simple interest would be i = ($2500)(0.09)(1.5 yrs)  =  $338.50

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