Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Our Q&A platform provides quick and trustworthy answers to your questions from experienced professionals in different areas of expertise. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

Salma took out a $24,000 loan for 1 month and was charged simple interest.
The total interest she paid on the loan was $118.