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jennlee7178
26.07.2019 •
Mathematics
You borrow $500 to buy a computer. the simple interest rate is 15%. you pay off the loan after 4 years. how much do you pay for the loan?
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Ответ:
interest on loan = i = ($500)(0.15)(4 yrs) = $300.
This assumes just ONE repayment: $300 plus $500, or $800, after 4 years. It's much more common to repay a loan like this with monthly payments.
Ответ:
this is geometry?
Step-by-step explanation: