Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Ask your questions and receive precise answers from experienced professionals across different disciplines. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.
Sagot :
Answer: See explanation
Step-by-step explanation:
We are going to solve this by using the Simple interest formula which is:
= Principal × Rate × Time
= 500 × 3% × 8/12
= 500 × 0.03 × 2/3
= 10
Therefore, the interest will be $10 ane the total amount that'll be paid back will be:= $500 + $10 = $510
Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.
