Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Get detailed and precise answers to your questions from a dedicated community of experts on our Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Find the amount of simple interest on a loan of $2,500 at 4.44% interest for 12.75 months. (Round to the nearest cent)

Sagot :

Standard pay in monthl 196 + 111 = 217
2500* 4.44 / 100 = 111 iterest per month