Register

$5000 dollars is borrowed for 3 months at an annual interest rate of 18%. How much interest must be paid?

$5000 dollars is borrowed for 3 months at an annual interest rate of 18%. How much interest must be paid?
asked 81.5k views
5 votes
$5000 dollars is borrowed for 3 months at an annual interest rate of 18%. How much interest must be paid?

asked
User Cescy
by
8.0k points

1 Answer

3 votes

Answer:

Explanation:

18:12*3=4,5

5000*4,5:100=225

5000+225=5225

answered
User Nadeem Jamali
by
8.1k points
← Prev Question Next Question →

No related questions found

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

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?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!