Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Our platform offers a seamless experience for finding reliable answers from a network of experienced professionals. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

all you need is in the photo please answer A and B

All You Need Is In The Photo Please Answer A And B class=

Sagot :

Answer:

$80.75

Explanation

From the question,w e are given the following parameters

Amount borrowed (Principal) = $3800

Time = 3 months = 1/4 years

Rate = 8.5%

Required

Interest paid by the man

Using the simplr interest formula;

SI = Principal * Rate * Time/100

SI = 3800*8.5 * 0.25/100

SI = 38 * 8.5 * 0.25

SI = $80.75

Hence the man paid $80.75 for the use of the money