Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Find the interest paid on a loan of $3158 at 8% annual simple interest for 2.5 years. elect one: a. $332.42 b. $606.34 c. $884.24

Find the interest paid on a loan of $3158 at 8% annual simple interest for 2.5 years.

elect one: a. $332.42 b. $606.34 c. $884.24 d. $631.60

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Homework Clubs Preparing For Algebra Math Help For Struggling Kids

Authors: Susan Everingham

1st Edition

1723708585, 978-1723708589

More Books

Students also viewed these Mathematics questions