At Westonci.ca, we make it easy for you to get the answers you need from a community of knowledgeable individuals. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.
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.
Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.