cruzmarleen05 cruzmarleen05

04-04-2021
Business

contestada

You have a loan for $200,000 at 8.5% annual simple interest. What is your monthly interest payment?

a.1,239
b.1,311
c.1,417
d.1,508

Respuesta :

topeadeniran2 topeadeniran2

09-04-2021

Answer: 1417

Explanation:

The information can be gotten from the question:

Principal = $200000

Rate = 8.5% = 0.085

Simple interest = PRT

= 200000 × (0.085/12) × 1

= 200000 × 0.0070833

= 1416.6667

= 1416.7

Answer Link

Otras preguntas

Two Runners are to race one lap on a circular track the radius on the inside Lane is 50 m the radius to the outside Lane is 51 M how much of a head start shoul

What are some characteristics of Sumerian religion and society?

Which organelle is responsible for manufacturing proteins? Vacuoles Lysosomes Golgi apparatus Ribosomes

If you toss six fair coins, in how many ways can you obtain at least two heads?

A polygon is such that when all diagonals from one vertex are drawn, eleven triangles are formed. How many sides does the polygon have?

Use the graph below to answer the following question: What is the average rate of change from x = 1 to x = 4? −3 −1 1 3

Reduce the rate 210 miles per 3 hours to it's unit rate and write the miles portion of your answer

He number of years of education of self-employed individuals in the united states has a population mean of 13.6 years and a population standard deviation of 3.0

If the area of a circle is approximately 113 square yards, about how long is the radius?

PQRS is an isosceles trapezoid and m angle Q=127. Find M angle P.