cruzmarleen05 cruzmarleen05

04-04-2021
Business

contestada

You have a loan for $200,000 at 8.5% annual simple interest. What is your monthly interest payment?

a.1,239
b.1,311
c.1,417
d.1,508

Respuesta :

topeadeniran2 topeadeniran2

09-04-2021

Answer: 1417

Explanation:

The information can be gotten from the question:

Principal = $200000

Rate = 8.5% = 0.085

Simple interest = PRT

= 200000 × (0.085/12) × 1

= 200000 × 0.0070833

= 1416.6667

= 1416.7

Answer Link

Otras preguntas

Please Help Me! The second picture shows what you have to write about.

euglena as unicellular dual organism

please I need an answer urgentlywhat is symbiosis?

Can someone help me please

Suppose 6-year-old and 8-year-old children are tested at the same time and then again 2 years later at ages 8 and 10. What type of research design is this

How do historians know about Phoenician society 2. What system of production and distribution sustained Phoenician society? 3. What aspects of Phoenician sailin

The membrane that surrounds a Golgi apparatus is very similar in structure to other membranes in the cell. Damage to the Golgi apparatus would disrupt which of

Becoming a coach requires a shift from old behaviors to new ones. What are three examples of old behaviors

geo question A) Segment addition postulate B) All sides of a square are congruent. C) Angle addition postulate D) Corresponding angles postulate

What can make an online interface difficult to use?