Kflemin5 Kflemin5
  • 28-04-2021
  • Mathematics
contestada

Find the total amount due on a loan of $650 at the annual simple interest rate 5% at the
end of 6 months

Respuesta :

marleykate08
marleykate08 marleykate08
  • 28-04-2021

Answer:

$666.25

Step-by-step explanation:

Use the equation A = P(1 + rt)

P=16.25

$650+$16.25=666.25

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