Register

Determine the amount of interest owed after 2 years on a $850 loan at a 12.5% interest rate. Write an equation and solve the problem.

Determine the amount of interest owed after 2 years on a $850 loan at a 12.5% interest rate. Write an equation and solve the problem.
asked 167k views
4 votes
Determine the amount of interest owed after 2 years on a $850 loan at a 12.5% interest rate. Write an equation and solve the problem.

asked
User Anar Salimkhanov
by
8.1k points

2 Answers

9 votes

Answer:

$208.25

Explanation:

answered
User Weej
by
7.6k points
8 votes

Answer:$212.50

Explanation:

=850*.125*2

answered
User Bo Frese
by
8.5k 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 =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!