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

Which of the following is NOT true or an atom? A. They are composed of molecules. B. They combine to form compounds. C. They make up element. D They are extr

Which of the following transfers heat by electromagnetic waves? a. radiation b. conduction c. convection d. temperature

Nicholas bought three business related books. His total bill was $150. If one book cost him 50% more than the other two books combined what was the price of th

why does dust finger read the ending of the story when he has the chance in meggie's bedroom? What stops him?

simplify 2^3 × 3^2 × 2^2 × 3^4

which are different forms of the same gene?

Sixty percent of Company A’s employees are considered top performers. Fifty five percent of Company A’s employees are in a rigorous training program. Assuming

ANSWER THIS AND MY OTHER QUESTION GIVING LOTS OF POINTS Which of the following animals will have a forelimb most similar to a dolphin? shark eagle human lizard

if joelle multiplied 792 by a positive integer and came up with a perfect square, what is the smallest integer she could have multiplied by?

African americans have fought in every major united states war. true false