sarahellensuresh sarahellensuresh

14-06-2021
Mathematics

contestada

If you borrow $700 for one year at an interest rate of 8% p.a, how much interest will you pay every month?

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vaggarwalam2024 vaggarwalam2024

15-06-2021

Answer:

$4.7 (approx)

Step-by-step explanation:

Simple interest = (principle * time * rate) / 100

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