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

When amy exercises in her fitness for 1 hour she burns a total of 475calories if she burns 9 calories a minute jogging on the treadmill and then burns 6.5 calor

In general, countries that were European colonies in the 1940s have __________.

Andrea wants to understand the impact of the fragmentation of habitats on wildlife species. Which method will help Andrea with her study? A assisted reproductio

Which is the most likely cause of the observed variation?

Which of the following functions is graphed below?

A piece of silver metal has a mass of 3.687 grams. If the density of silver is 10.5 g/cm, what is the volume of the silver?

Which element is part of the rhetorical situation? A. Propaganda B. Hyperbole C. Audience D. Format

-42.8451 Round the result to the nearest tenth and then to the nearest hundredth

Solve:. 55-|2x(-4)|+|4x5-(-5)=

Why was agriculture important to the development of civilization? A. It promoted the economic equality needed for a lasting culture. B. It encouraged the creati