myalena011317 myalena011317

04-12-2021
Mathematics

contestada

Find the amount of interest on a loan of $10,500, at 9% interest, for 124 days using the exact interest method.

Respuesta :

srividyaboys4 srividyaboys4

04-12-2021

Step-by-step explanation:

I = PRT

I = 10,500 * 0.09 * (124/365)

I = 945 * 0.3397

I = 321.04

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