Register

Help plz Rita has a loan of $45,580. This loan has a simple interest rate of 4% per year. What is the amount of interest that Rita will be charged on this loan at the end of one…

Help plz Rita has a loan of $45,580. This loan has a simple interest rate of 4% per year. What is the amount of interest that Rita will be charged on this loan at the end of one…
asked 49.8k views
2 votes
Help plz

Rita has a loan of $45,580. This loan has a simple interest rate of 4% per year. What is the
amount of interest that Rita will be charged on this loan at the end of one year?
A $47,403.20
B $11,395
C $18,232
D $1,823.20

asked
User KarimS
by
8.0k points

1 Answer

3 votes

sorry it's c. $18232.


answered
User Mschuurmans
by
8.6k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!