22koracald 22koracald

07-05-2021
Mathematics

contestada

You take out a loan of $150 at a rate of 3% annual(yearly) simple interest.

How much will you owe in total after 1 year?

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SacredSpork SacredSpork

10-05-2021

Answer:

$152.40

Step-by-step explanation:

You pay $12.70 every month so if you multiply that by 12, you get 152.40

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