BRANDONHICKS713 BRANDONHICKS713

10-06-2020
Mathematics

contestada

Steve Rogers takes out a loan of $600 with an annual simple interest rate of 6%. He agrees to
pay back the amount within 4 months.

Find the total amount due on the loan at the end of 4
months.

Respuesta :

15-06-2020

Answer:

Step-by-step explanation:

Principal 600

Rate 6%

Time 4 / 12 or 1/3 or .33

600x6%x1/3

$12

Total due 612

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