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

Solve the equation for Y 13x+y=4

Can someone help me with part B

six sevenths 6/7 of an estate is to be divided among relatives. Of the remaining estate, one fifth 1/5 goes to the American Cancer Society. What fraction of

What, according to Milton, is the purpose of poetry?

Name 3 duties of the Ohio Secretary of State

Contamination of food items by other living organisms is know as

What types of crops were grown on the plantations that were located in the inner coastal plain?

Ann travels from town A to town B in 3 hours. She then takes another hour to travel from town B to town C. The distance between town A and town B is 100 miles.

Solve for x: 1 over 4 (2x − 14) = 4. 15 15 over 2 9 11

which expression is equivalent to 60x^20y^24/30x^10y^12 brainly