Discover the answers you need at Westonci.ca, where experts provide clear and concise information on various topics. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.
Sagot :
I believe that the question is assuming this is taking place over one month here is what I think you would do.
1) 75/12.5 = 6
2) add that answer to 75, so 75+6, and you get 81
1) 75/12.5 = 6
2) add that answer to 75, so 75+6, and you get 81
Answer:
$ 84.38
Step-by-step explanation:
Assuming the interest rate as monthly, he has to pay $ 84.38 after one month.
Because, if the interest rate is 12.5 %, that means $ 9.38 extra the initial $ 75.
Then, you need to add $ (75 + 9.38) = $ 84.38.
We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.
