PLEASE HELP IM GIVING ALL MY POINTS when ms mason bought a new computer she borrowed 1200 at the rate of 18% for 9 months how much interest did she pay

Question

asked May 26, 2022 11.9k views

1 Answer

DGKarlsson · Answer 1 · 2022-05-31T14:47:06+0000

Answer:

$216 or $162 (see below)

Explanation:

If it's 18% for 9 months (and not per year)

then

1200x0.18=$216

If it's 18% per year then

1200x0.18x0.75=$162