rachelrogers85
16.01.2021 •
Mathematics
Calculate the total to be repaid on a loan of $4600.00 for 18 months at a
rate of 5%.
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Ответ:
$4945
Step-by-step explanation:
the interest on the loan can be found by using this formula:
I = P · r · t P = principal, r = interest rate, t= time (in years)
I = 4600(.05)(1.5)
I = 345
Total Amount = Principal plus Interest
Total Amount = 4600 + 345 = $4945
Ответ: