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4 votes
Use the​ add-on method for determining interest on a loan of ​$1730​, with an annual rate of 12​% and a term of 2 years.​ Then, determine the annual interest rate during the last month of the loan.

Use the​ add-on method for determining interest on a loan of ​$1730​, with an annual

asked
User Arshajii
by
8.1k points

1 Answer

3 votes
In 2 years, you will have $2,170.11
answered
User Xserrat
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8.5k points
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